W4

• A form that employees fill out to indicate their tax situation to their employer, determining the amount of tax withheld from their paycheck.

• A document used to apply for a job at a company.

• A report that summarizes an employee's performance over the year.

• A form that employees use to request time off from work.

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

Gross pay

• The total amount of money earned by an employee before any deductions are taken out.

• The amount of money an employee takes home after taxes and deductions.

• The hourly wage multiplied by the number of hours worked in a week.

• The total earnings of a company before expenses are deducted.

Tags

CCSS.6.NS.B.3

Branding

• The process of creating a unique name and image for a product in the consumers' mind.

• A method of advertising that focuses on price reduction.

• A strategy to increase sales through discounts and promotions.

• The act of designing a product without considering consumer perception.

Tags

CCSS.RI. 9-10.8

CCSS.RI.11-12.5

CCSS.RI.11-12.8

CCSS.RI.8.8

CCSS.RI.9-10.5

W2

• A document that reports employees' annual wages and the amount of taxes withheld from their paychecks.

• A form used to apply for a job.

• A statement of an employee's performance review.

• A record of an employee's attendance and leave.

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

Net pay

• The total earnings before any deductions.

• The amount of money an employee takes home after all deductions, including taxes and benefits.

• The amount deducted for taxes and benefits.

• The gross salary before any deductions.

Tags

CCSS.7.RP.A.3

Arbitration

• A method of settling disputes in court with a judge's decision.

• A process where parties negotiate directly without third-party involvement.

• A method of settling disputes outside of court where parties agree to accept the decision of a third party.

• A legal procedure that requires a jury to decide the outcome.

Nondisclosure agreement

• A contract that allows parties to share sensitive information freely.

• An agreement that binds parties to secrecy regarding sensitive information shared between them.

• A legal document that permits the disclosure of confidential information.

• A type of agreement that requires public disclosure of all shared information.

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

Policy

• A set of rules that must be followed by all employees.

• A deliberate system of principles to guide decisions and achieve rational outcomes in an organization.

• A document outlining the company's mission statement.

• A guideline for personal conduct in the workplace.

Capital

• Money or wealth used to generate income or to invest in a business or asset.

• A type of currency used for daily transactions.

• A financial term for the total amount of debt.

• A government-issued bond for public projects.

Tags

CCSS.RI.11-12.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RL.11-12.4

CCSS.RL.9-10.4

Memo

• A long formal report used for external communication in a business.

• A short informal message or record used for internal communication in a business.

• A type of financial statement used to summarize expenses.

• A legal document used to outline contracts and agreements.

Tags

CCSS.RI.11-12.10

CCSS.RI.6.10

CCSS.RI.7.10

CCSS.RI.8.10

CCSS.RI.9-10.10