Personal Finance Chapter 3 Vocabulary Test
Authored by Brian Moore
Financial Education
11th Grade
Used 1+ times
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46 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Income received from employment, including self employment.
Earned Income
Wage
Overtime Wage
Piecework
Salary
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A payment for work that is usually calculated on an hourly, daily or piecework basis.
Earned Income
Wage
Overtime Wage
Piecework
Salary
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount paid for working time in a week that is beyond the standard 40 hour workweek.
Earned Income
Wage
Overtime Wage
Piecework
Salary
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a fixed payment for work and is expressed as an annual figure.
Earned Income
Wage
Overtime Wage
Piecework
Salary
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A wage based a on rate per unit of work completed.
Earned Income
Wage
Overtime Wage
Piecework
Salary
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Income paid as a percentage of sales made by a salesperson.
Commission
Tip
Bonus
Gross Pay
Payroll Deduction
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money paid for service that is beyond what is required, usually called a gratuity.
Commission
Tip
Bonus
Gross Pay
Payroll Deduction
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