payroll

Front

You are a salary employee and make $61,618.00 a year. You get paid monthly. Calculate your gross pay for a single paycheck.

Back

$5,134.83

Front

Your wages are $24.00 an hour and you worked 51 hours last week. How much will you make in overtime pay?

Back

$1356

Front

What does FICA stand for?

Back

Federal Insurance Contributions Act -SS and Medicare

Front

An employee's total 'Take Home' earnings is known as net pay.

Back

True

Front

Gross income

Back

An individual's income before taxes and adjustments

Front

Net pay

Back

is also known as take-home pay.

Front

If you make $18.49, what will be your overtime rate?

Back

$27.74

Front

Reflects the amounts that are automatically deposited into the bank accounts specified by the employee

Back

Direct deposit

Front

Wages, salary and commission are examples of what type of income?

Back

Earned

Front

The Fair Labor Standards Act provides which to employees who work over 40 hours per week?

Back

1 1/2 x regular rate