Financial Literacy Ch 2 Vocabulary Review
Authored by Monica Simanella
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29 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The lowest pay rate allowed by law for each regular hour of work.
minimum wage
overtime pay
commission
disposable income
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Pay received for hours worked in addition to regular hours.
minimum wage
overtime pay
commission
disposable income
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money available to spend or save after taxes have been paid.
minimum wage
overtime pay
commission
disposable income
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A set fee or percentage of a sale paid to an employee instead of or in addition to salary or wages.
minimum wage
overtime pay
commission
disposable income
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Forms of compensation in addition to salary or wages.
benefits
sick leave
personal leave
retirement plan
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Paid time away from work due to illness.
benefits
sick leave
personal leave
retirement plan
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Paid time away from work for personal reasons.
benefits
sick leave
personal leave
retirement plan
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