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Paycheck Test

Authored by Elizabeth Oyeteju

Specialty

10th - 12th Grade

CCSS covered

Used 35+ times

Paycheck Test
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The employee knows exactly which day his/her paycheck will  be deposited into their depository institution account.

Paycheck with attached paycheck stub
Direct Deposit
Payroll Card

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

This payment method is the most common.

Payroll Card
Paycheck with payheck stub
Direct Deposit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There may be numerous fees associate with this payment method.

Direct Deposit
Payroll Card
Paycheck with attached pay stub

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

__________________ is  a federal act that protects payroll card holders.

Tax Act
Regulation E
Tax Regulation 
Regulation B

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____________  are compulsory charges imposed on citizens by local, state and federal government.

Payroll
Taxes
Gross Pay

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Federal taxes are collected by the _____________ a government agency.

Tax Regulators
Internal Revenue Service
The Fed
Congress

Tags

CCSS.RI.11-12.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.9-10.5

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The tax includes two separate taxes: Social Security and Medicare.

Gross Pay
FICA
Deductions
Tax

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