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Money Terms
Which is NOT a deduction?
Money put in savings is a ______?
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Answers
1
Money put in savings is a ______?
gross pay
deduction
take home pay
net pay
2
Which is NOT a deduction?
retirement
life insurance
hourly pay
parking
3
Another name for net pay is?
take home pay
income tax
gross pay
hourly pay
4
To find net pay I ________________?
add deductions to gross pay
subtract my deductions from gross pay
multiply my pay rate by my hours worked
guess
5
Which of the following is a deduction?
gross pay
income tax
net pay
FDIC
6
What is one deduction everyone working for an employer pays?
income tax
parking
health insurance
retirement
7
Hourly pay is?
gross pay
take home pay
health insurance
union dues
8
Which is gross pay?
life insurance
social security
take home pay
earnings per hour
9
To find gross pay I _______________?
subtract deductions from net pay
multiply deductions by hours worked
multiply hours worked by hourly pay rate