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Paycheck
10 terms
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terms
Flashcards
10 cards
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Questions
10
Answers
1
Treasury is a governmental department in charge of the collection, management, and expenditure of public money
False
True
2
The money you receive before taxes.
Gross Pay
Net Pay
Federal tax
State Tax
3
Bank = a for-profit institution that deals in money and provides financial services.
True
False
4
a type of financial institution
Health Insurance
Credit Union
FICA
Statutory deductions
5
Pays for a plan that makes payments to disabled and elderly people.
Union dues
Social Security (FICA)
Gross Pay
Credit Union
6
The part of your salary that goes to the treasury of your state.
Disability insurance
State tax
United fund
Federal income tax
7
The money you pay to the United States.
Health insurance
Union dues
FICA
Federal income tax
8
The money you choose to withhold from your pay check for certain items.
Statutory Deductions
Voluntary Deductions
Gross Pay
Net Pay
9
The money to bring home after taxes.
Union dues
Gross pay
Net pay
Federal Tax
10
Pays for a plan that helps pay your medical bills.
Health insurance deductions
Statutory deductions
State tax
Voluntary deductions