First Summative Test BM

First Summative Test BM

11th Grade

20 Qs

quiz-placeholder

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GEN. MATH SUMMATIVE TEST

GEN. MATH SUMMATIVE TEST

11th Grade

20 Qs

First Summative Test BM

First Summative Test BM

Assessment

Quiz

Mathematics

11th Grade

Practice Problem

Hard

Created by

Lezzette Malunda

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following are statements that best described a salary earner, EXCEPT:

Individual receiving this compensation is called fixed income earner.

Individual’s payment can be received by monthly or semi – monthly.

Individual’s payment is on hourly rate basis for manual labor.

Individual is paid a fixed amount per pay period.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is the payment made for a service rendered usually referring to a payment for total hours of work at a designated hourly rate.

A. Salary

B. Income

C. Wage

D. Benefits

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is a compensation, either monetary or in kind, that is given to employees for serving in the establishment or company.

A. Salary

B. Income

C. Wage

D. Benefits

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is the total amount in salary or wages an individual earned before taxes and other deduction are made.

A. Gross Annual Income

B. Gross Earnings

C. Net Annual Income

D. Net Earnings

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is the total amount in salary or wages an individual earned over a one – year period before taxes and other deduction are made.

A. Gross Annual Income

B. Gross Earnings

C. Net Annual Income

D. Net Earnings

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is the amount left out of the total earnings of an employee after deduction like taxes and other deductions that have been made.

A. Gross Annual Income

B. Gross Earnings

C. Net Annual Income

D. Net Earnings

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is a type of commission where employee receives a salary and also a commission from his/her sales, no sales quota required.

A. Salary plus commission.

B. Salary plus commission bonus

C. Override Commission

D. Straight Commission

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