Income Tax Terminology
12th Grade
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Income Tax Terminology
Quiz
•
Mathematics
•
12th Grade
•
Practice Problem
•
Medium
Lauren SNOW
Used 2+ times
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Weekly payment made by the employer to the employee
Gross Salary
Salary
Wages
Nett Salary
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Monthly payment made by the employer to the employee
Gross Salary
Salary
Wages
Nett Salary
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The salary that the employer pays you before any deductions.
Gross Salary
Nett Salary
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The salary that the employer pays you before any deductions.
Gross Salary
Nett Salary
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The actual amount the employee gets paid out after all deductions have been subtracted.
Gross Salary
Nett Salary
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Income tax is calculated based on your __________ salary.
Annual
Monthly
Weekly
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
UIF stands for ...
Unemployment Injury Fund
Unemployment Industry
Unemployment Insurance Fund
It doesn't stand for anything
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