Paycheck Vocabulary
Authored by Robert Thompson
Life Skills
9th - 12th Grade
CCSS covered
Used 5+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Is the total amount you earn before any deductions are subtracted.
Net Pay
Gross Pay
Income
Taxes
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A portion of one’s personal income paid to a government including the federal and state.
Income
Gross Pay
Net Pay
Income tax
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A tax on income to fund the social security benefits to most Americans who are retired, sick, or too disabled to work, and to families of workers who have died.
FICA - Medicare
FICA - Social Security
Federal Income Tax
State Income Tax
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A tax used to fund the government's Medicare program, which provides subsidized healthcare and hospital insurance benefits to retirees and the disabled.
State Income Tax
FICA - Social Security
Federal Income Tax
FICA - Medicare
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Income amount remaining after all deductions have been taken out of gross pay.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A fixed hourly rate earned by employees
Income
Net Pay
Wage
Gross Pay
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Time worked beyond your regular hours
Wage
Overtime
Net Pay
Gross Pay
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