Income & Wages

17 Questions | Attempts: 617
Share
Please wait...
Question 1 / 17
0 %
0/100
Score 0/100
1. Answer True or False to the following question: A regular work week is 40 hours long.
Submit
Please wait...
About This Quiz
Money Quizzes & Trivia

Quiz on income and wages calculation. Also, include vocabulary.

Tell us your name to personalize your report, certificate & get on the leaderboard!
2. Answer True or False to the following question: The W4 is filled out when you are hired for a job.
Submit
3. Your take home pay is called.
Submit
4. Answer True or False to the following question: You receive the W2 form when you retire.
Submit
5. The amount a person earns before deductions and taxes are paid.
Submit
6. Calculate the following gross pay. Any hours over 40 is overtime and they are paid as time and a half. Jake works 40 hours @ $8.25/hour. What is his gross pay?
Submit
7. Calculate the commission pay for the following: Jill a real estate agent sold a house for $50,000 she will earn 15% for the sale. What is her commission pay?
Submit
8. What does YTD stand for?
Submit
9. Answer True or False to the following question: A single person pays higher taxes than a married person.
Submit
10. Money that is paid or received for work or services by the hour, day or week.
Submit
11. Calculate the commission pay for the following: Jill a real estate agent sold a house for $95,000 she will earn 25% for the sale. What is her commission pay?
Submit
12. Calculate the following gross pay. Any hours over 40 is overtime and they are paid as time and a half. Billy works 40.5 hours @ $11.00/hour. What is his gross pay?
Submit
13. Calculate the following gross pay. Any hours over 40 is overtime and they are paid as time and a half. Jake works 40 hours @ $5.25/hour. He had $38 of taxes deducted from his pay. What is his gross pay? What is his net pay?
Submit
14. Payments people receive for providing resources in the market
Submit
15. What is the deadline to file your tax return to the IRS?
Submit
16. Calculate the following gross pay. Any hours over 40 is overtime and they are paid as time and a half. Ben works 42 hours @ $11.80/hour. What is his gross pay?
Submit
17. What does FICA stand for?
Submit
View My Results

Quiz Review Timeline (Updated): Mar 18, 2022 +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 18, 2022
    Quiz Edited by
    ProProfs Editorial Team
  • Nov 13, 2009
    Quiz Created by
    Jac0512
Cancel
  • All
    All (17)
  • Unanswered
    Unanswered ()
  • Answered
    Answered ()
Answer True or False to the following question: ...
Answer True or False to the following question: ...
Your take home pay is called.
Answer True or False to the following question: ...
The amount a person earns before deductions and taxes are paid.
Calculate the following gross pay. Any hours over 40 is overtime and...
Calculate the commission pay for the following: Jill a real estate...
What does YTD stand for?
Answer True or False to the following question: ...
Money that is paid or received for work or services by the hour, day...
Calculate the commission pay for the following: Jill a real estate...
Calculate the following gross pay. Any hours over 40 is overtime and...
Calculate the following gross pay. Any hours over 40 is overtime and...
Payments people receive for providing resources in the market
What is the deadline to file your tax return to the IRS?
Calculate the following gross pay. Any hours over 40 is overtime and...
What does FICA stand for?
Alert!

Advertisement