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Chpt 2- Income, Benefits and Taxes

Authored by Jamie Robinson

Life Skills

11th Grade - University

Used 4+ times

Chpt 2- Income, Benefits and Taxes
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Forms of pay other than salary and wages.

disposable income

personal leave

overtime pay

benefits

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Paid time away from work for personal reasons.

commission

personal leave

minimum way

benefits

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A benefit whereby employees may share in the profits of the business.

benefits

profit-sharing plan

retirement plan

commission

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The lowest pay rate allowed by law

minimum wage

commission

sick leave

disposable income

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who takes the risks of being self-employed and owning a business.

marketer

retirement

entrepreneur

employee

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money that is available to spend or save after taxes have been paid.

benefits

overtime pay

profit-sharing

disposable income

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Paid time away from work due to illness.

sick leave

personal leave

retirement

entrepreneur

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