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WorksheetsConverting Wages
Total questions: 20
Worksheet time: 11mins
Name
Class
Date
1.
How many times a year do you receive a paycheck if you are paid biweekly?
a)
52
b)
26
c)
24
d)
12
2.
How many times a year do you receive a paycheck if you are paid semimonthly?
a)
12
b)
26
c)
24
d)
6
3.
How many times a year do you receive a paycheck if you are paid monthly?
a)
26
b)
24
c)
12
d)
6
4.
How many times a year do you receive a paycheck if you are paid bimonthly?
a)
26
b)
24
c)
12
d)
6
5.
How many times a year do you receive a paycheck if you are paid quarterly?
a)
12
b)
25
c)
6
d)
4
6.
How many times a year do you receive a paycheck if you are paid semiannually?
a)
12
b)
6
c)
4
d)
2
7.
How many times a year do you receive a paycheck if you are paid annually?
a)
12
b)
6
c)
4
d)
1
8.
For a typical job, how do you convert an hourly wage to a daily wage?
a)
Multiply by 8
b)
Multiply by 12
c)
Multiply by 24
d)
Divide by 8
9.
For a typical job, how do you convert an hourly wage to a weekly wage?
a)
Multiply by 7
b)
Multiply by 40
c)
Multiply by 12
d)
Multiply by 52
10.
How do you convert a weekly wage to a monthly wage?
a)
Multiply by 4
b)
Multiply by 52 and divide by 12
c)
Multiply by 12 and divide by 52
d)
Multiply by 12
11.
How do you covert a monthly wage to an annual wage?
a)
Multiply by 52
b)
Multiply by 12
c)
Multiply by 40
d)
Multiply by 8
12.
How do you convert a weekly wage to an annual wage?
a)
Multiply by 52
b)
Multiply by 12
c)
Multiply by 365
d)
Divide by 12
13.
To approximate your yearly wage, you should multiply your hourly wage by which number?
a)
365
b)
2000
c)
52
d)
5000
14.
What is your pay before deductions (like taxes and healthcare) called?
a)
gross pay
b)
net pay
c)
annual pay
d)
salary
15.
What is your pay after deductions (like taxes and healthcare) called?
a)
gross pay
b)
net pay
c)
annual pay
d)
salary
16.
How many times a year do you receive a paycheck if you are paid weekly?
a)
52
b)
26
c)
24
d)
12
17.
The average person keeps approximately how much of his/her paycheck after deductions?
a)
50%
b)
60%
c)
70%
d)
80%
18.
Approximately what percent of your paycheck is deducted for taxes and healthcare?
a)
20%
b)
25%
c)
30%
d)
40%
19.
If you earned a gross pay of $1000 on your paycheck, about how much would your net pay be (after deductions)?
a)
$600
b)
$700
c)
$800
d)
$900
20.
If you make $1000 per week, about how much do you make in a year?
a)
$12,000
b)
$52,000
c)
$365,000
d)
$24,000
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