What is the definition of Gross Pay?

Paystubs

Quiz
•
Financial Education
•
9th - 12th Grade
•
Medium
CRYSTAL K PHELPS
Used 4+ times
FREE Resource
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
state taxes
income after deductions
federal taxes
total income
2.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Money taken out of paycheck to cover expenses including taxes and health insurance
Deductions
Taxes
Paystub
Net Pay
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A fixed amount of money per year paid to an employee to do a job is known as a _____?
hourly rate
deduction
overtime pay
salary
4.
MULTIPLE CHOICE QUESTION
2 mins • 7 pts
The specific amount of money per hour worked that is paid by an employer is called
disposable income
hourly wage
salary
overtime
5.
MULTIPLE CHOICE QUESTION
2 mins • 7 pts
The taxes made up of Social Security and Medicare are
FICA taxes
Social Security
Medicare
Healthcare Insurance
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