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Ch 12 Glencoe Accounting Vocabulary Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

the amount of time over which an employee is paid

a)

pay period

b)

payroll

c)

pay me back

d)

calendar year

2.

total amount of money an employee earns in a pay period

a)

net pay

b)

gross earnings

c)

take home pay

d)

payroll

3.

an amount of money paid to an employee at a specified rate per hour work

a)

salary

b)

income

c)

wage

d)

paycheck

4.

an amount paid based on a percentage of the employee’s sales

a)

wage

b)

salary

c)

income

d)

commission

5.

1½ times the employee’s regular hourly pay rate

a)

undertime

b)

overtime

c)

extra income

d)

over and above

6.

summarizes employees’ earnings for each pay period

a)

payroll list

b)

payroll history

c)

payroll register

d)

payroll report

7.

a record of all payroll information for an employee

a)

employee pay history

b)

W4 report

c)

payroll register

d)

employee's earning record

8.

the employees year-to-date gross earnings

a)

payroll register

b)

paycheck

c)

W4

d)

accumulated earnings

9.

an amount subtracted from gross earnings

a)

deduction

b)

withholding allowance

c)

wage

d)

salary

10.

net pay is electronically deposited in the employee’s bank account

a)

payroll card

b)

bank zap

c)

paycheck

d)

direct deposit