Paystub Terms Quiz

The amount of money left after all taxes and bills have been deducted that a person can spend as they wish is

• disposable income

• hourly wage

• salary

• overtime

The specific amount of money per hour worked that is paid by an employer is called

• disposable income

• hourly wage

• salary

• overtime

Time worked beyond an employee's regular hours (more than 40 hours per week) is

• disposable income

• hourly wage

• salary

• overtime

A fixed amount of money paid to an employee to do a job is

• disposable income

• hourly wage

• salary

• overtime

The number of days an employee works and is paid in each paycheck is

• payday

• pay period

• gross pay

• net pay

The amount of money earned before any deductions are subtracted is

• payday

• pay period

• gross pay

• net pay

The day a person is paid is

• payday

• pay period

• gross pay

• net pay

The amount that is left after all of the deductions are taken out of a person's total pay is

• payday

• pay period

• gross pay

• net pay

Taxes paid by nearly all workers in the United States to the US government are

• federal income taxes

• state income taxes

Taxes paid by the residents of a state are

• federal income taxes

• state income taxes