Chapter 8 - Income and Taxes

Chapter 8 - Income and Taxes

9th - 12th Grade

19 Qs

quiz-placeholder

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Chapter 8 - Income and Taxes

Chapter 8 - Income and Taxes

Assessment

Quiz

Business, Life Skills, Education

9th - 12th Grade

Practice Problem

Hard

Created by

Julianne Hogan

Used 4+ times

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19 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 5 pts

is a set amount of money earned by an employee per year or other fixed length of time

2.

FILL IN THE BLANK QUESTION

1 min • 5 pts

are employee earnings that are paid by the hour, day, or items

3.

FILL IN THE BLANK QUESTION

1 min • 5 pts

work for which wages are based on the number of items or pieces produced

4.

FILL IN THE BLANK QUESTION

1 min • 5 pts

is a fixed percentage or amount of profit given to an employee in exchange in addition to regular pay

5.

FILL IN THE BLANK QUESTION

1 min • 5 pts

is a sum of money paid to an employee in addition to regular pay

6.

FILL IN THE BLANK QUESTION

1 min • 5 pts

is money given to an employee by customers in exchange for a service 

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The federal government developed standards governing employee payment and compensation is called Fair Labor Standard Act (FLSA)

True

False

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