Paycheck and Pay Stub Quiz

What is a pay period?

• a time worked beyond an employee's reguar hoursl

• the number of days and employee works and is paid for each paycheck

• the day a person is paid

• a fixed amount of money an employee is paid to do a job

What is gross pay?

• a pay period of every 2 weeks with 26 pay periods per year

• the amount of money earned before any deductions are subtracted

• the amount of money left in a worker's paycheck after deductions are taken out

• the amount of money subtracted from a workers pay

Which of these is an optional/voluntary deduction?

• health insurance

• state income tax

• Social Security tax

• Medicare tax

Multiplying a worker's hourly wage amount and hours worked per pay period equals?

• pay period

• salary

• gross pay

• net pay

A fixed amount of money per year paid to an employee to do a job is known as _______?

• hourly rate

• deduction

• overtime pay

• salary

Which of these is the amount of money that remains after taxes have been deducted that a person can save or spend as he or she wishes?

• semi-monthly paycheck

• gross pay

• residents

• disposable income

A worker receives overtime pay when they work over _____ hours per week.

• 10

• 20

• 30

• 40

Salaried workers receive overtime.

• True

• False

What is the difference between a pay period and a payday?

• A pay period is the time frame in which work is performed and a payday is when the worker receives payment for that period.

• A pay period is when the worker receives payment and a payday is the time frame in which work is performed.

• A pay period and a payday both refer to the same day when a worker is paid.

• A pay period is the amount of money received, while a payday is the date it is received.

How many hours of overtime did Bob Johnson work during this pay period?

• 40

• 2

• 18

• 720