
Personal Finance Chapter 6
Authored by Geoff Olson
Business
10th - 12th Grade
Used 58+ times

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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Multiply your hourly rate by the number of regular hours worked to determine your ___________ pay
Annual
Gross
Net
Overtime
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Annual salary is the amount of weekly pay to be received.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Overtime wages are usually calculated at a rate of _____ times the regular hourly rate
2
2.5
3
1.5
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A standard workweek is ____ hours in a five-day period
40
30
50
20
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Social security tax is a ______ deduction from your paycheck
Required
Optional
Mandatory
Necessary
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
______ pay is the amount left over after all deductions have been subtracted from gross pay.
Total
Real
Net
Actual
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Regular wages or salary plus overtime wages equals _______ pay
Net
Gross
Total
Hourly
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