How to read your paystub

How to read your paystub

6th - 12th Grade

10 Qs

quiz-placeholder

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How to read your paystub

How to read your paystub

Assessment

Quiz

Other

6th - 12th Grade

Practice Problem

Medium

Created by

Jennifer Levin-Goldberg

Used 35+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

When you are paid by the hour, it is considered a _____________

Salary

Profitability

Wage

Credit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

When you are paid a set amount annually, you are receiving a_________________

Salary

Wage

Debt

Expenditure

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The amount you earn AFTER taxes and other deductions is known as_____________

Indispensable Income

Gross Income

Disposable Income

Net Income

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The amount of money you see BEFORE taxes and other deductions are taken from your income is called_________

Gross Profit

Gross Income

Net Pay

Net Income

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Media Image

Select ALL that apply:

Which is/are examples of deductions you may see on your paystub?

Social Security

Medicare

Bonus Pay

Overtime

6.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Media Image

Please select ALL that apply:

What are examples of benefits you may receive from your employer that will show up on your pay stub?

Medicaid

Health Insurance

401 K

Federal Income Taxes

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The amount required by law for employers to withhold from earned wages/salary from employees to pay taxes. This is the largest deduction withheld from an employee’s gross income.

State Income Tax

Federal Income Tax

Corporate Income Tax

Sales Tax

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