Study

Payroll job vocabulary

  •   0%
  •  0     0     0

  • Overtime is....
    is the additional amounts paid to hourly employees who work
    deducted from your pay.
    is not paid to salaried employees
    the amount of time you spend on break at work.
  • EFT stands for
    electronic funds transfer
  • True or False. Employees pay taxes on their net pay.
    True
    False
  • The total paid to an employee each pay period is....
    net pay
    gross pay
    grumble pay
    goat pay
  • Net pay is the ....
    amount of pay an employee recieves after all deductions .
    amount of pay the employee can spend on fish at the market
    amount of money an employee gets paid overall
    amount of pay an employee gives the CRA
  • If you are doing a good job, the boss my give you a ______.
    raise
  • Payroll means...
    The total record of earnings of all employees for a year
    The amount of money paid to all employees in a payday, as
    All of these answers are correct
    The financial records of a company relating to the payment
  • True or False. Hourly employees are paid a annual salary.
    False
    True
  • What does CPP stand for
    Canadian Pension Plan
  • EI stands for
    employement insurance
  • Pay you get when you are fired or laid off from a job.
    security
    severence
    solid
    social
  • A weekly pay period results in
    52 pay periods in a year
    60 pay periods in a year
    48 pay periods in a year
    12 pay periods in a year
  • Bonus is.....
    regular pay
    part of a
    retirement money
    money given that is extra for good merit or job well done .