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Payroll job vocabulary

  •  English    47     Public
    Test your understanding of payroll vocabulary, defintions and idioms
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  • Payroll means...
    The financial records of a company relating to the payment
    The total record of earnings of all employees for a year
    All of these answers are correct
    The amount of money paid to all employees in a payday, as
  •  15
  • The total paid to an employee each pay period is....
    goat pay
    grumble pay
    gross pay
    net pay
  •  15
  • True or False. Employees pay taxes on their net pay.
    True
    False
  •  15
  • Net pay is the ....
    amount of pay the employee can spend on fish at the market
    amount of pay an employee gives the CRA
    amount of pay an employee recieves after all deductions .
    amount of money an employee gets paid overall
  •  15
  • EI stands for
    employment increase
    excellent ice cream
    employement insurance
    electronic images
  •  20
  • Overtime is....
    the amount of time you spend on break at work.
    is the additional amounts paid to hourly employees who work
    is not paid to salaried employees
    deducted from your pay.
  •  15
  • A weekly pay period results in
    52 pay periods in a year
    12 pay periods in a year
    48 pay periods in a year
    60 pay periods in a year
  •  15
  • True or False. Hourly employees are paid an annual salary.
    True
    False
  •  15
  • Bonus is.....
    part of a
    regular pay
    retirement money
    money given that is extra for good merit or job well done .
  •  15
  • Pay you get when you are fired or laid off from a job.
    social
    solid
    severence
    security
  •  25
  • EFT stands for
    electronic funds trip
    electronic funds transfer
    electronic funds taker
    electronic funds tracker
  •  20
  • Net pay is also called
    my pay
    gross pay
    pay pal
    take home pay
  •  15
  • What is a wage?
    something you bet
    occurring twice a month
    money you get for the hours you work
    a monthly payment
  •  15
  • How often are you paid in a year, if your are paid monthly?
    30
    12
    21
    27
  •  25
  • How many times are you paid in a year if you are paid weekly?
    26
    52
    24
    12
  •  25
  • How many times are you paid in a year, if you are paid bi-weekly?
    26
    24
    52
    12
  •  25