Earned Income Review

Earned Income Review

Assessment

Flashcard

Mathematics

12th Grade

Hard

CCSS
6.RP.A.3C, 6.RP.A.3B, 7.EE.B.3

+10

Standards-aligned

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15 questions

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1.

FLASHCARD QUESTION

Front

What is earned income?

Back

Earned income is money obtained from working, including wages, salaries, tips, and commissions.

2.

FLASHCARD QUESTION

Front

How do you calculate hourly wage from total earnings?

Back

Hourly wage = Total earnings / Total hours worked.

Tags

CCSS.6.RP.A.3B

3.

FLASHCARD QUESTION

Front

If Emily earned $270 for 12 hours of work, what is her hourly wage?

Back

$22.50

Tags

CCSS.6.RP.A.1

CCSS.6.RP.A.2

4.

FLASHCARD QUESTION

Front

What is gross pay?

Back

Gross pay is the total amount earned by an employee before any deductions such as taxes or benefits.

Tags

CCSS.6.NS.B.3

5.

FLASHCARD QUESTION

Front

How do you calculate total gross pay with a base salary and commission?

Back

Total gross pay = Base salary + (Commission rate x Total sales).

Tags

CCSS.7.EE.B.3

6.

FLASHCARD QUESTION

Front

If Mark has a base salary of $1,800 and earns a 1.2% commission on $90,000 in sales, what is his total gross pay?

Back

$2,880

Tags

CCSS.6.RP.A.3C

7.

FLASHCARD QUESTION

Front

What is a commission?

Back

A commission is a payment to an employee based on the sales they generate, typically expressed as a percentage.

Tags

CCSS.6.RP.A.3C

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