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Jobs and Income Flashcards | StudBud
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Jobs and Income
Jobs and Income
11 terms
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StudBud Administration
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18 plays
Personal Financial Literacy Class
Flashcards
11 cards
F
Practice quiz
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Host live
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Questions
11
Answers
1
Which is not a legally required deduction?
Federal Tax
Dental insurance
Medicare
Social security
2
Results from deducting various deductions from your earnings
net pay
cost of living
worker's compensation
gross pay
3
Retirement
The age at which you stop working full time
A method for spreading individual risk
The use of savings to earn a financial return
A tax break received because of a particular circumstance
4
A tax break received due to a particular circumstance
exemption
deduction
cost of living
5
The money you earn before taxes are other deductions are taken out
Exemption
Rate
Gross pay
Net pay
6
A court order to withhold some an employee's wages
insurance
leave
garnishment
deduction
7
Price of food, transportation, housing and other expenses
Cost of living
Deductions
Net pay
Benefits
8
Travel costs are said to be "hidden" job costs
True
False
9
The amount of money you earn based on a unit of time
rate
net pay
leave
deduction
10
Something the company offers besides a paycheck
exemption
benefits
investment
garnishment
11
The career planning process starts with assessing your interests, abilities and goals
True
False
