WorksheetsPersonal Finance Chpt 1-1,1-2
Total questions: 10
Worksheet time: 10mins
Name
Class
Date
1.
True or False: Straight time pay is the total amount of money you earn for a pay period at the weekly rate.
a)
True
b)
False
2.
Round the following amount to the nearest hundredths:
$12.743
a)
$12.75
b)
$12.73
c)
$12.74
d)
$12.70
3.
Time and a half is the same as:
a)
1.5
b)
2.0
c)
2.5
d)
1
4.
Change this fraction to a decimal.
4 -1/4
4 -1/4
a)
4.0
b)
4.5
c)
4.75
d)
4.25
5.
Change the following fraction to a decimal:
50-1/2
50-1/2
a)
50.25
b)
25
c)
50.5
d)
50.74
6.
What are the benefits of working time and a half?
a)
Get paid more for doing the same job.
b)
Make yourself more valuable to the company.
c)
Get exposed to different aspects of the business.
d)
All are true statements.
7.
You earn $10.00. Your manager asks you to work 4 hours of overtime and she'll pay you time and a half. How much will you make for the 4 hours
a)
$30.00
b)
$60.00
c)
$40.00
d)
$15.00
8.
You get paid $15.00 an hour and work a 40 hour week. What is your straight time pay for the week?
a)
$400.00
b)
$600.00
c)
$200.00
d)
$100.00
9.
Hourly Rate is:
a)
What you are paid per week
b)
What you are paid per two weeks
c)
What you are paid per hour
d)
How many hours you average a week
10.
After how many hours does it take in a day to start making double time?
a)
8 hours
b)
10 hours
c)
12 hours
d)
10.5 hours
100 %
