Lesson 24 Quiz
Quiz
•
Specialty
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12th Grade
•
Practice Problem
•
Hard
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5 questions
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1.
MATCH QUESTION
1 min • 4 pts
Match the following
Gross Pay
The total amount of money an employee receives before taxes and deductions.
Net Pay
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
Your take-home pay, or the amount employees earn after all payroll deductions are subtracted from their gross pay
Direct Deposit
The electronic transfer of a payment directly from the account of the payer to the recipient's account
2.
MATCH QUESTION
1 min • 5 pts
Match the following
Pay Period
A time frame used to calculate earned wages and determine when employees receive their paychecks.
Paycheck
A check for wages made out to an employee
Time Management
The ability to use one's time effectively or productively, especially at work
Organization
A document that shows the amount of money the employee earned and the amount of money removed for taxes and other withholdings.
Paycheck Stub
The act of putting things into a logical order to approach tasks efficiently.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is it called when you get paid on the first and the fifteenth of every month?
Weekly
Bi-Weekly
Semi-Monthly
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False. Saving your paycheck stub can be helpful if you decide to take out a vehicle or home purchase loan
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is organization important?
Being organized helps you to prioritize the most important things
Organization can help you arrive at appointments on time and take advantage of exciting events.
Answers A and B are examples of the benefits of being organized.
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