Personal Finance Chapter 3 Vocabulary Test

Personal Finance Chapter 3 Vocabulary Test

11th Grade

46 Qs

quiz-placeholder

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Personal Finance Chapter 3 Vocabulary Test

Personal Finance Chapter 3 Vocabulary Test

Assessment

Quiz

Financial Education

11th Grade

Practice Problem

Hard

Created by

Brian Moore

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46 questions

Show all answers

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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