Unit 2 Test Review

What is money taken from a countries citizens to be given to the government?

• Taxes
• Commission
• Benefits
• Perks

What is money an employee is paid for selling a certain amount of an item, extra pay an employee makes.

• Profit
• Commission
• Unearned income
• Deductible

What is a financial gain?

• Perks
• Disposable income
• Profit
• Minimum wage

What is form of compensation, such as vacation days, sick days, and health insurance?

• Perks
• Worker's Compensation
• Net Pay
• Benefits

What is the money remaining after you've paid all your taxes and bills, your fun money?

• Disposable income
• Gross Pay
• Perks
• Deductible

What are special privileges given to employees in addition to their salary?

• Benefits
• Perks
• Disposable income
• Unearned income

What is money you make from investments or when people give you free money called?

• Tax
• Minimum wage
• Unearned income
• Net pay

What is a wage replacement to an employee injured on the job?

• Disposable income
• Profit
• Gross Pay
• Worker's compensation

What is the total amount of money you earn before an deductible is taken out of your pay check?

• Gross pay
• Net Pay
• Disposable Income
• Unearned income

What is money an employee must pay before their insurance kicks in?

• Perks
• Tax
• Deductible
• Commission