9.11.1 Types of income - terminology ma2020cvu

Earnings paid to an employee based on an hourly rate. 

• Commission
• Wages
• Salary
• Deductions

Tags

CCSS.7.RP.A.1

CCSS.7.RP.A.2

CCSS.7.RP.A.3

Earnings of a salesperson based on the percentage of goods or services sold.

• Salary
• Wages
• Commission
• Deductions

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

An employee's fixed agreed yearly income. 

• Salary
• Deductions
• Wages
• Commission

Tags

CCSS.HSA.SSE.A.1

Total money you earn before taxes and other deductions.

• Salary
• Net income
• Gross income
• Wages

Tags

CCSS.7.RP.A.3

The amount of money you actually receive after the deductions are taken from your gross income.

• Net income
• Deductions
• Wages
• Tax

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.3

CCSS.7.RP.A.3

A set weekly or monthly amount that a salesperson may earn regardless of what they sell.

• Commission
• Retainer
• Tax
• Bonus

Being paid by the number of pieces produced is called ...

• Wages
• Object work
• Piecework

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

Normal Pay is ...

• 1.0 x normal rate
• 1.5 x normal rate
• 2.0 x normal rate

Tags

CCSS.7.NS.A.2

CCSS.7.NS.A.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

Time and a half pay is ...

• 1.0 x normal rate
• 1.5 x normal rate
• 2.0 x normal rate

Tags

CCSS.7.NS.A.2

CCSS.7.RP.A.2

CCSS.7.RP.A.3

Normal working time is ______ hours per week.

• 48
• 38
• 30
• 25