Reading a paystub

What identifies the employee on a pay stub?

• Department number

• Net pay

• Employee number

• Payment period

How is net pay calculated?

• Net pay = Deductions - Gross pay

• Net pay = Gross pay + Deductions

• Net pay = Total earnings / Deductions

• Net pay = Gross pay - Deductions

What does OASDI stand for?

• Operational Age, Survivor, and Disability Insurance

• Old Age, Security, and Disability Insurance

• Official Age, Survivor, and Disability Insurance

• Old Age, Survivor, and Disability Insurance

What is the payment for hours worked over 40 hours per week called?

• Bonus

• Overtime

• Extra

• Surplus

Which of the following is NOT a type of deduction from a paycheck?

• 401(k)

• Net pay

• State taxes

• Federal taxes