AMDM Finance (Quarter 3 Vocab Q1)

AMDM Finance (Quarter 3 Vocab Q1)

12th Grade

9 Qs

quiz-placeholder

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AMDM Finance (Quarter 3 Vocab Q1)

AMDM Finance (Quarter 3 Vocab Q1)

Assessment

Quiz

Mathematics

12th Grade

Easy

Created by

Sandthaunia Bryant

Used 6+ times

FREE Resource

9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money that is subtracted or taken out from your pay

Federal taxes

Deductions

Gross pay

Net Pay

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A percentage of an employee’s wages that goes to the federal government

Federal Taxes

Overtime

Paycheck Stub

Gross pay

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money left in an employee’s paycheck after all the deductions have been taken out; the amount of money an employee takes home

Deductions

Federal Taxes

Net Pay

Overtime

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money in an employee’s paycheck before any deductions have been taken out

Deductions

Federal Taxes

Net pay

Gross pay

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Working extra hours (usually for more money than an employee’s hourly rate)

Overtime

Paycheck stub

Rate

State taxes

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A paper record that says the hours an employee worked, how much money the employee was paid, and the amount of money taken out of the employee’s pay for taxes and other deductions

Paycheck stub

Rate

State taxes

Year-to-date

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much an employee is paid per hour

Rate

Net pay

Overtime

States taxes

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A percentage of an employee’s wages that goes to the state government

State taxes

Rate

Gross pay

Federal taxes

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Beginning from the 1st of January (or the time the employee began working for the company) until now in the current year

Year-to-date

Deductions

Federal taxes

Gross pay