Personal Fiance FInal test

difference between hearing and listening

• Is the same thing

• Hearing: little effort and little working

  Listening: Requires concentration and effort

• Listening: little effort and little working

  Hearing: Requires concentration and effort

• Listening: a passive process

  Hearing:

  an active process

Is an internal revenue service tax form completed by an employee in US to indicate his or her tax situation

Gross Pay

• Is the total amount you earn before any change

• Is the time worked beyond the regular hours

• Amounts subtracted from your gross pay

• Amount of your paycheck or the money you can usually spend

What is NOT one of the three types of taxes

• Progressive taxes

• Regressive Taxes

• Principal taxes

• Proportional taxes

Government agency responsible for collecting taxes and enforcing tax laws

• IRS

• USDJ

• USDA

• USEP

Tax rates apply to income ranges

• Tax brackets

• Tax income

• Tax range

• Tax rate

Salary

• Employees do receive additional pay for dinner

• Employees receive additional pay for lunch

• Employees do receive additional pay for overtime work

• Employees do not receive additional pay for overtime work

Overtime

• It is time that you spend eating beyond the regular hours

• It is time that you sleep beyond the regular hours

• Is time worked beyond the regular hours

• Is the schedule

Benefits

• Money offered to encourage employees

• Forms of animal compensation

• Money offered to encourage citizens to help

• Forms of employee compensation

Deductions

• Is the total amount you earn before any change

• Amount of your paycheck or the money you can usually spend

• Amounts subtracted from your gross pay

• Is the time worked beyond the regular hours