Paycheck Analysis/Paycheck Practice

Gross and Net Pay are the same thing.

• True

• False

• Depends

Three things that will always be withheld from your earnings are Federal Income Tax, Social Security, and Medicare

• True

• False

• Depends

All states require their residents to pay state income tax.

• True

• False

If you don't understand something on your paycheck, it's okay to ask the payroll clerk about it.

• True

• False

• Depends

Tags

CCSS.RI.11-12.7

CCSS.RI.8.7

CCSS.RI.9-10.7

CCSS.RL.11-12.7

CCSS.RL.9-10.7

Gross Pay is __________.

• pay that is disgusting

• the salary you earn

• your take-home pay

• the celery you earn

• you're take-home pay

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

Net Pay is __________.

• your earnings without deductions

• your earnings after deductions

• a special tax

• only for fisherman

• added to your gross pay

A deduction is an amount that is __________.

• added to your gross pay

• subtracted from your net pay

• subtracted from your gross pay

• added to your gross pay

• observable from a distance

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

Social security and medicare fall under 

• FICA 
• State 
• Federal 
• 401K

Jada works for Fedex. She gets paid every two weeks. This is called ______________________.

• Monthly
• Weekly
• Bi Weekly 
• Semi Monthly 

TJ is the lead point guard for the Memphis Grizzlies. He gets paid every week a total of six thousand dollars. This is called __________________.

• Weekly 
• Semi Monthly 
• Bi Weekly 
• Monthly 

Tags

CCSS.6.NS.B.3