CFL Chapter 1 Study Guide

CFL Chapter 1 Study Guide

11th Grade

31 Qs

quiz-placeholder

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CFL Chapter 1 Study Guide

CFL Chapter 1 Study Guide

Assessment

Quiz

Other

11th Grade

Practice Problem

Medium

Created by

Kameryn Dengler

Used 6+ times

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31 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which is a primary source of employment? (Hint. There is more than one answer)

Youtubing

You are hired by a business or employer

You invest in stocks

You are self employed

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A salary is the specific rate you earn for every hour you work. (Ex. $15/hr)

True

False

Answer explanation

This is the definition on hourly

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A salary is a set amount of money you make that's not dependent on a specific number of hours worked. (Ex. $75,000 yr.)

False

True

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which choice in NOT one of the 3 payment methods employers use to pay employees?​ ​

Direct Deposit

Paper Paycheck

Cash

Payroll Card

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Bi-Weekly payments are every 2 weeks.

True

False

6.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

Gross is _______ taxes and deductions. (Type in all lowercase)

7.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

Net is ______ taxes and deductions. (Type in all lowercase)

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