
Math 10-3: Chapter 2 Earning an Income Review
Authored by Jason English
Mathematics
10th Grade
Used 4+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does bi-monthly amount paid mean?
Amount paid in one hour
Amount paid in one day
Amount paid every month
Amount paid every two months
Amount paid in one year
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does annual amount paid mean?
Amount paid in one hour
Amount paid in one day
Amount paid in one week
Amount paid in one month
Amount paid in one year
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does bi-weekly amount paid mean?
Amount paid in one hour
Amount paid in one day
Amount paid in one week
Amount paid in two weeks
Amount paid in one year
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is gross income?
The total amount of income before any deductions
The total amount of income minus before tax deductions
Total pay after deductions, otherwise known as the take home pay
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is net pay?
The total amount of income before any deductions
The total amount of income minus before tax deductions
Total pay after deductions, otherwise known as the take home pay
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a commission?
An amount paid to an employee based on a percentage of their sales
A fixed rate for each unit produced
A form of an incentive pay that provides extra cash
Additional compensation provided for employees who work other than the day shift. It may be a percentage of the base pay or factored into hourly rate.
An amount paid to an employee based on how well they did their job.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a tip?
An amount paid to an employee based on a percentage of their sales
A fixed rate for each unit produced
A form of an incentive pay that provides extra cash
Additional compensation provided for employees who work other than the day shift. It may be a percentage of the base pay or factored into hourly rate.
An amount paid to an employee based on how well they did their job.
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