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NextUp Lesson #24 Terms

Authored by Ann Nowak

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Used 2+ times

NextUp Lesson #24 Terms
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9 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A check for wages made out to an employee.

Paycheck
Paycheck Stub

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The electronic transfer of a payment directly from the account of the payer to the recipient's account.

Deduction
Direct Deposit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The act of putting things into a logical order to approach tasks efficiently.

Organization
Time Management

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An expense that can be subtracted from a taxpayer's gross income in order to reduce the amount of income that is subject to taxation.

Deduction
Direct Deposit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A time frame used to calculate earned wages and determine when employees receive their paychecks.

Pay Period
Gross Pay

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A document that shows the amount of money the employee earned and the amount of money removed for taxes and other withholdings.

Paycheck
Paycheck Stub

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your take-home pay, or the amount employees earn after all payroll deductions are subtracted from their gross pay.

Net Pay
Gross Pay

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