Personal Finance - Budget Review

Personal Finance - Budget Review

10th - 12th Grade

10 Qs

quiz-placeholder

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Personal Finance - Budget Review

Personal Finance - Budget Review

Assessment

Quiz

Life Skills

10th - 12th Grade

Hard

Created by

Wendy Beuglas

Used 6+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

A wage is a set payment amount

True
False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A Salary is a _____________________

hourly pay amount
fixed regular payment
paid bi weekly or monthly.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Salaried employee does not get over time because they have a set amount of pay

True
False

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A wage pay job qualifies you for overtime

True
False

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which amount will be paid into the employees account?

Gross Pay

Deductions

Net Pay

Contributions

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of gross pay earned when wage is multiplied by hours is the definition of ________________.

Regular pay

Net pay

Overtime Pay

Total pay

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You make $14.10 an hour. What is the following calculation an example of?

$14.10 x 20 hours = $282.00

Overtime Pay

Regular Pay

Gross Pay

Salary Pay

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