Chapter 12 Payroll
Flashcard
•
Specialty
•
10th - 12th Grade
•
Practice Problem
•
Hard
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18 questions
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1.
FLASHCARD QUESTION
Front
A set amount of money paid to an employee each pay period is called
Back
salary
2.
FLASHCARD QUESTION
Front
An amount paid to an employee based on a percentage of the employee's sales is
Back
commission
3.
FLASHCARD QUESTION
Front
The total amount of money an employee earns in a pay period before deductions
Back
gross pay
4.
FLASHCARD QUESTION
Front
The number of days or weeks of work covered by an employee's paycheck.
Back
pay period
5.
FLASHCARD QUESTION
Front
A record of the time an employee arrives and leaves each day is often kept on a
Back
time card
6.
FLASHCARD QUESTION
Front
The overtime rate for work over 40 hours is generally __________ times the regular rate of pay.
Back
1.5
7.
FLASHCARD QUESTION
Front
The taxes that MUST come out of every employee's paycheck are called
Back
required deductions
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