Personal finance

Personal finance

9th - 10th Grade

42 Qs

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Personal finance

Personal finance

Assessment

Quiz

Life Skills

9th - 10th Grade

Practice Problem

Medium

Created by

Ashley Olson

Used 3+ times

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42 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Salary

a fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, made by an employer to an employee, especially a professional or white-collar worker
one employed by another usually for hourly wages or salary and in a position below the executive level
a person or organization that employs people
the lowest wage permitted by law or by a special agreement (such as one with a labor union); currently $10 per hour in Florida

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Employee

one employed by another usually for hourly wages or salary and in a position below the executive level
a person or organization that employs people
the lowest wage permitted by law or by a special agreement (such as one with a labor union); currently $10 per hour in Florida
time in excess of a set limit: such as working time in excess of a standard day or week

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Employer

a person or organization that employs people
the lowest wage permitted by law or by a special agreement (such as one with a labor union); currently $10 per hour in Florida
time in excess of a set limit: such as working time in excess of a standard day or week
the list of employees of some company that is entitled to receive payments as well as other work benefits and the amounts that each should receive.

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Minimum wage

the lowest wage permitted by law or by a special agreement (such as one with a labor union); currently $10 per hour in Florida
time in excess of a set limit: such as working time in excess of a standard day or week
the list of employees of some company that is entitled to receive payments as well as other work benefits and the amounts that each should receive.
the pay received by an employee after the deduction of taxes and other obligations.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Overtime

time in excess of a set limit: such as working time in excess of a standard day or week
the list of employees of some company that is entitled to receive payments as well as other work benefits and the amounts that each should receive.
the pay received by an employee after the deduction of taxes and other obligations.
An individual or company's income before taxes and deductions.

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Payroll

the list of employees of some company that is entitled to receive payments as well as other work benefits and the amounts that each should receive.
the pay received by an employee after the deduction of taxes and other obligations.
An individual or company's income before taxes and deductions.
the amount an individual or business makes after deducting costs, allowances and taxes.

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Take-home pay

the pay received by an employee after the deduction of taxes and other obligations.
An individual or company's income before taxes and deductions.
the amount an individual or business makes after deducting costs, allowances and taxes.
a state of being under obligation to pay or repay someone or something in return for something received : a state of owing

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