Business Math: Chapter 1 Review

The total amount of an employee's earnings is called___

• average

• hourly pay

• commission

• gross pay

Pay that is 1.5 times the regular hourly pay rate of an employee is called___

• piece-rate

• time-and-a-half pay

• quota

• per diem

An amount of money, often calculated as a percent, given to someone for service they provide is called a(n)___

• salary

• per diem

• piece-rate

• tip

A fixed amount of pay for a week or a month is called__

• commission

• salary

• graduated commission

• gross pay

Salespeople who receive a specific percent of the sales they make are paid on (a,an)___basis.

• straight commission

• commission

• salary

• tip

Time worked beyond the end of a usual working day is called___

• double-time pay

• hourly rate

• overtime

• quota

A wage rate based on the amounts produced by an employee is called___

• per diem

• piece-rate

• salaray

• hourly rate

Employees that are paid a fixed amount daily are called___employees.

• overtime

• piece-rate

• quota

• per diem

One number that represents a group of numbers is called a(n)__

• gross pay

• commission

• average

• tip

Raphael Winston is paid $15.60 for each hour he works. What is his gross pay for a week in which he works 43 hours?

(a)