the number of hours you must work in order to be full time
24
40
39
58
How many times are you paid in a year if you are paid semi-monthly?
12
7
52
24
Pay you get when you are fired or laid off from a job.
security
solid
social
severence
A federal tax that supports elderly, disabled, or orphaned citizens.
disable tax
old tax
social security tax
state tax
Set length of time (typically weekly, bi-weekly, or monthly) over which employee time is recorded and paid
pay stub
pay period
pay me
pay bills
Gross pay minus deductions and taxes
bi- weekly
pay period
pay roll
net pay
Net pay is also called
gross pay
pay pal
take home pay
my pay
The total paid to an employee each pay period is....
net pay
gross pay
goat pay
grumble pay
Overtime is....
is not paid to salaried employees
is the additional amounts paid to hourly employees who work
deducted from your pay.
the amount of time you spend on break at work.
EFT stands for
electronic funds trip
electronic funds transfer
electronic funds taker
electronic funds tracker
Fees that need to be paid to the federal government
Deuctions
Net pay
Taxes
Gross pay
What is a wage?
money you get for the hours you work
occurring twice a month
something you bet
a monthly payment
Bonus is.....
retirement money
money given that is extra for good merit or job well done .
regular pay
part of a
A sum of money paid regularly as a retirement benefit
benefit
wages
insurance
pension
money other than taxes subtracted from gross pay
Medicare
Retirement
Deductions
F.I.C.A.
The actual amount of money you “take home” is
taxes
gross pay
voluntary pay
net pay
How many times are you paid in a year, if you are paid bi-weekly?
24
12
52
26
A retirement savings plan to which contributions are made by the employee and employer and are invested
F.I.C.A.
savings
401 (k)
pension
What is a mandatory deduction?
dental insurance
food
taxes
401K
Amounts of money withheld from an employee’s gross pay
voluntary pay
Net pay
Pay roll deductions
gross pay
True or False. Hourly employees are paid an annual salary.
False
True
A payroll tax used to fund Social Security and Medicare
State Tax
Federal Insurance Contribution Act
Government Tax
Federal Tax
: Services or privileges that an employer provides in addition to the employee’s salary or wages
benefits
retirement
insurance
statement
What are voluntary deductions?
federal taxes
local taxes
amount of money an employee has agreed to withhold
state taxes
Payroll means...
The financial records of a company relating to the payment
All of these answers are correct
The amount of money paid to all employees in a payday, as
The total record of earnings of all employees for a year
EI stands for
electronic images
excellent ice cream
employment increase
employement insurance
A weekly pay period results in
60 pay periods in a year
52 pay periods in a year
12 pay periods in a year
48 pay periods in a year
How many times are you paid in a year if you are paid weekly?
52
24
26
12
Net pay is the ....
amount of money an employee gets paid overall
amount of pay an employee recieves after all deductions .
amount of pay an employee gives the CRA
amount of pay the employee can spend on fish at the market
What is Federal tax?
tax you pay the federal government
state tax
voluntary tax
401K
True or False. Employees pay taxes on their net pay.
False
True
A document showing an employee’s wages and deductions is an
pay roll
pay pal
pay stub
pay paper
How often are you paid in a year, if your are paid monthly?
12
27
30
21