Accounting Chapter 12 Review

Accounting Chapter 12 Review

10th - 12th Grade

25 Qs

quiz-placeholder

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Accounting Chapter 12 Review

Accounting Chapter 12 Review

Assessment

Quiz

Life Skills

10th - 12th Grade

Practice Problem

Easy

Created by

Carrie Everett

Used 74+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

List of employees and the payments due to each for a specific pay period is know as what?

W4

Payroll

Payroll Deduction

Pay Period

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the amount of time over which an employee is paid known as?

W4

Payroll

Pay Deduction

Pay Period

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total amount of money an employee earns in a pay period before deductions?

Net Earnings

Salary

Gross Earnings

Net Pay

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the person responsible for preparing the payroll?

CEO

Earnings Clerk

Manager

Payroll Clerk

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the fixed amount of money paid to an employee each pay period, usually managers or supervisors?

Gross Earnings

Net Pay

Salary

Commission

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the pay based on a percentage of the employee's sales?

Commission

Salary

Gross Earnings

Piece Rate

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the amount called that is subtracted from gross earnings?

Deduction

Taxes

Salary Expense

Commission

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