Have an account?
Skip to Content
Build your own quiz
Suggestions for you
18 questions
Show Answers
See Preview
- 1. Multiple Choice
You work part-time for $9.50 an hour. You work for 15 hours this week, how much is your gross pay?
$ 24.50
$ 142.50
$ 155.00
- 2. Multiple Choice
Your gross pay is $525.50. Your net pay is $446.75. How much money was deducted from your pay check?
$ 972.25
$ 70.00
$ 78.75
- 3. Multiple Choice
You make $ 10.75 an hour. You worked 13 hours the first week and 17 hours the second week. How much money did you make in the two weeks?
$ 40,75
$ 322.50
$ 221.00
- 4. Multiple Choice
Your weekly gross pay is $400.00. Your tax rate is 15%. How much is your net pay?
$ 340.00
$ 60.00
$ 266.00
- 5. Multiple Choice
You make $9.00 an hour at your part-time job. You work 20 hours a week and your income tax rate is 20%. How much will be taken out of your paycheck each week?
$36.00
$144.00
$9.00
- 6. Multiple Choice
What is net pay?
The total earnings on your paycheck
Three taxes that everyone must pay
How much a person is worth in total
The amount of your paycheck after taxes are taken out
- 7. Multiple Choice
What is gross earnings?
The total amount of wages on your paycheck
Three taxes that everyone must pay
How much a person is worth in total
The amount of your paycheck after taxes are taken out
- 8. Multiple Choice
withheld from an employee’s wages or salary
disposable income
payroll taxes
workers compensation
earned income
- 9. Multiple Choice
Money received on a regular basis for work or through investments
Values
Taxes
Income
Fixed Cost
- 10. Multiple Choice
Required payments to a government
Variable Cost
Gross Monthly Income
Taxes
Income
- 11. Multiple Choice
Total amount of earnings made over a month before any deductions
Net Monthly Income
Gross Monthly Income
Income Tax
Social Security
- 12. Multiple Choice
A portion of one's personal income paid to a government (one correct answer)
Fixed Cost
Variable Cost
Income Tax
Taxes
- 13. Multiple Choice
Income amount remaining after a year's worth of deductions have been taken.
Net Monthly Income (NMI)
Gross Annual Income (GAI)
Gross Monthly Income (GMI)
Net Annual Income (NAI)
- 14. Multiple Choice
A deduction is
gross income
money added to your income
net income
money taken out of your income
- 15. Multiple Choice
Net income is:
the total amount of money you earn
the amount of money you receive after deductions are subtracted from your gross income
the amount of money that is taken away in the form of taxes
the hourly rate of pay
- 16. Multiple Choice
Marco has the following deductions listed.
Federal Income tax: $44
Social Security tax: $23
Medicare tax: $5
Health Insurance: $24
What is the total amount of his deductions?
$39
$67
$91
$96
- 17. Multiple Choice
David's gross income: $127.25
David's deductions: $25.20
David's net pay: ?
$102.05
$102.45
$112.05
$152.45
- 18. Multiple Choice
Dayanara's gross income was $550. What was her net income if her deductions were $110 for payroll taxes and $22.50 for health insurance?
$132.50
$417.50
$440.00
$638.50
- Answer choicesTagsAnswer choicesTags