Mortgage
loan is used to obtain for a house, a house and lot, a car, or for a machinery or equipment?
Mortgage Loan
Sandro received a commission as an additional compensation beyond his monthly salary. What type of commission states on the situation?
Salary Commission
refers to the earnings received by worker on a piece rate, hourly rate, or daily rate?
What benefit is given to pregnant female employees when they give birth?
Maternity Leave
How much is the compensation rate if an employee worked on a regular holiday?
200%
A 21 cu ft. refrigerator is priced at P 42,250.00. The seller is willing to give it in installment for a 2-year term at 8% interest for a 15% down payment. The monthly installment of refrigerator is P 1,624.23.
How much is the downpayment?
6,337.50
A sales agent earned P43,105.00 sales commission after selling 20 laptops. What type of commission states on the situation?
Straight Commission
A cutter in a factory is paid P 25.00 for every baby dress she cuts. In a day, she is able to cut 60 baby dress. Which of the following is an example of the problem statement?
Fixed piece rate plan
How many days of sick leave with pay are given to an employee for a year?
15 days
Work on a rest day which falls on a regular holiday shall be paid ________% of the regular hourly rate?
260%
A 21 cu ft. refrigerator is priced at P 42,250.00. The seller is willing to give it in installment for a 2-year term at 8% interest for a 15% down payment. The monthly installment of refrigerator is P 1,624.23.
How much is the mortgage loan?
35,912.50
A real estate agent was given a straight commission of 15% of the sales he made. If he sold a house and lot worth P 350,000 what was his commission?
52,500
Mr. Luis is a bank manager with an annual salary of ₱ 750,000.00. How much is his monthly salary?
62,500
What social insurance is given for a private sector employee?
SSS - Social Security System
Based on Article 94 of Labor Code, Work on a rest day which falls on a special day shall be paid ________% of regular hourly rate?
150%
A 21 cu ft. refrigerator is priced at P 42,250.00. The seller is willing to give it in installment for a 2-year term at 8% interest for a 15% down payment. The monthly installment of refrigerator is P 1,624.23.
How much is the total amount to be paid?
38,981.52
A promoter push himself in selling lots of goods, since his commission rates varies in depending the number of his sales. The rates change within the given set of range. What type of commission states on the situation?
Graduated Commission
Baby Fernando has a basic annual salary of P 720,000.00. How much is her gross monthly salary?
60,000
Baby Fernando has a basic annual salary of P 720,000.00. Using the table, compute for the SSS, Pag-ibig, Phil-health?
SSS - 900
Pag-ibig Contribution - 1,200
Phil Heath - 1,500
How much is the compensation rate if an employee worked on a rest day?
130%
The schedule prepared showing the installment payments for the period of payment (called the term of the loan) is called______________________.
amortization table.
A news boy gets a commission of P 3.50 for every newspaper sold. How much commission does he get for selling 75 newspaper?
262.50
Mr. Luis is a bank manager with an annual salary of ₱ 750,000.00. How much is his bi-weekly salary?
28,846.15
Baby Fernando has a basic annual salary of P 720,000.00. Her SSS contibution is 900, Pag-ibig contribution is 1,200 and Phil-health contribution is 1500.
Compute for her withholding tax
8,266.75
What article enunciates that the regular normal working hours of an employee are 8 hours?
Article 83