Ethics and Values
Working Hard for $$
Working Hard Cont.
Budgeting
Checking on You
100
The study of what is morally good and bad, right and wrong
What is Ethics
100
A summary of the income you earned that must be sent along when you file your income tax forms.
What is a W-2?
100
IRS FORM W-4
What is the form that lists your withholdings, to determine the amount of taxes held from your paycheck.
100
A set of goals for spending, saving and investing the money you earn
What is a Financial Plan?
100
The instrument with which you should always write checks.
What is a blue or black ink pen?
200
The set of rules or norms by which you make decisions
What are Values
200
The number by which the government knows who you are.
What is a Social Security Number?
200
Amounts legally withheld from your paycheck.
What are Deductions?
200
Money left over after all expenses
What is disposable income?
200
The line at the bottom left of a check that tells what you spent the money for.
What is the Memo Line?
300
Is it legal, against company policy, against society norms?
Checking for Ethics questions
300
Name for people under the age of legal adulthood
What is a Minor?
300
Amount of pay before deductions
What is Gross Pay?
300
DOUBLE JEOPARDY!!! Expenses you are obligated to pay at specific times; usually the same amount each time
What are Fixed Expenses?
300
What you should write across a check that you have made a mistake on, and do not wish to use.
What is Void?
400
Illegal sales technique of advertising one product, but not actually having it available for sell.
What is Bait and Switch?
400
DOUBLE JEOPARDY!! Minimum hourly rate of pay required by the government
What is Minimum Wage?
400
The rate of pay for time worked over 40 Hours
What is Overtime pay of 1.5 x regular pay rate
400
Net Worth
What is the difference between assets and liabilities?
400
Stands for Insufficient Funds
What is NSF?
500
DOUBLE JEOPARDY!!!! Booklet used to record checking account transactions
What is a Checkbook Register?
500
Fair Labor Standards Act
What is the legislation that established minimum wage requirements?
500
Money offered to encourage employees to strive for higher work standards or results.
What is incentive pay?
500
This document ncludes income, expenses and deductions.
What is a Budget?
500
The process of matching your checkbook register with the bank statement.
What is Reconciliation?
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