

Final Exam Transitions 1st Semester
Flashcard
•
Life Skills
•
12th Grade
•
Practice Problem
•
Hard
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35 questions
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1.
FLASHCARD QUESTION
Front
Which is bigger, gross pay or net pay?
Back
gross pay
2.
FLASHCARD QUESTION
Front
money that is subtracted from your paycheck and given to your state's government to help run the state
Back
State Tax
3.
FLASHCARD QUESTION
Front
money that is subtracted from your paycheck to pay for your medical coverage
Back
insurance
4.
FLASHCARD QUESTION
Front
the amount of money you earn for working more than 40 hours each week
Back
overtime pay
5.
FLASHCARD QUESTION
Front
A fixed amount of money per year paid to an employee to do a job is known as a _____?
Back
salary
6.
FLASHCARD QUESTION
Front
What is a deduction?
Back
the amount of money subtracted from your paycheck
7.
FLASHCARD QUESTION
Front
Hourly wage is a specific rate of money per hour worked that is paid by an employer. True or False?
Back
True
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