On The Clock
Mix
Pay Day
Rolling Bank
Who Knew?
100
The total pay due for a pay period before deductions is called: a. gross earnings. b. total expense. c. regular earnings. d. net pay.
a. gross earnings.
100
A deduction from total earnings for each person legally supported by a taxpayer, including the employee, is called a a. tax credit. b. deduction credit. c. withholding allowance. d. marriage allowance.
c. withholding allowance.
100

The acronym used for it is YTD  a. net pay. b. year to date. c. young to deduct. d. social security taxes.

b. year to date

100

If employee Rick Shelby participates in direct deposit, does he receive a paycheck? a. Yes. b. No.

b. No.

100
An employee is paid 1 1/2 times the regular wage is paid at this:
What is overtime?
200

200

The amount of time for which an employee is paid called the: a. payment term. b. salary duration. c. pay period. d. expense period.

c. pay period.

200

200

The number of hours in a regular work week in U.S. (before overtime)

a. 30. b. 40. c. 50. d. 8.

b. 40

200

The number of pay cheques received by someone who gets paid monthly.  a. 12. b. 10. c. 8. d. 24

a. 12

200
A paycheck was written to Rick Shelby for a given pay period. What dollar amount was the check written for? a. His overtime earnings. b. His net pay. c. His regular earnings. d. His regular and overtime earnings.
b. His net pay.
200
The amount deducted from gross earnings for federal income tax each pay period depends on the total earnings, marital status, and the number of _________ an employee claims on Form W-4
What are exemptions?
300
A list of employees in a business and the earnings due to each employee for a specific period of time: a. cash expense. b. payroll. c. business allowance. d. work fee.
b. payroll.
300

A fixed amount of money paid to a person for regular work.  b. memorandum. c. Form W-4. d. annual salary.

d. Annual Salary

300
A business form used to record details affecting payments made to an employee is a. an employee earnings record. b. a payroll journal. c. an employee accounts payable record. d. a tax withholding form.
a. an employee earnings record.
300
A check written from the company's general checking account to cover payroll is for what dollar amount from the payroll register? a. Total Earnings. b. Total Net Pay. c. Total Regular Earnings. d. Total Overtime Earnings.
b. Total Net Pay.
300
The amount subtracted from gross earnings is:
What is a deduction?
400
The fixed amount of money paid to an employee each pay period is a a. gift. b. allowance. c. cash payment. d. salary.
d. salary.
400
The withholding allowances of an employee affect: a. social security tax withheld. b. federal income tax withheld. c. federal unemployment tax owed. d. state unemployment tax owed.
b. federal income tax withheld.
400
The total earnings paid to an employee after payroll taxes and other deductions is recorded in the payroll register’s a. Gross Pay column. b. Total Earnings column. c. Net Pay column. d. Total Deductions column.
c. Net Pay column.
400
Some businesses deposit employee net pay directly to each employee bank account by using a. payroll checks. b. payroll registers. c. EFT. d. none of these.
c. EFT.
400
An example of a voluntary deduction is one for: a. Health insurance b. Union Dues c. Savings plan d. All of the above.
d. All of the above.
500
Employee regular earnings are calculated as: a. regular hours times regular rate. b. total hours divided by regular rate. c. total hours plus overtime rate. d. overtime hours minus overtime rate.
a. regular hours times regular rate.
500

500.

The pay schedule with the lowest number of paychecks per year.  a. monthly. b. weekly. c. bi-weekly. d. daily

a. monthly

500
Each employee name is listed in a payroll register along with a. employee number. b. marital status. c. withholding allowances. d. all of these.
d. all of these.
500

You receive one every time you are paid, either a printed copy or electronically. a. special payroll checking account. b. paystub. c. a special purposes account. d. paper check.

b. paystub

500

T or F: Workers in service industries such as restaurants often receive GRATUITIES OR TIPS in addition to their regular pay. 

What is TRUE?