(PFL) Ch. 2 Review
Authored by Kelly Gaudette
Life Skills
10th - 12th Grade
Used 24+ times
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19 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The typical rate for overtime is
1.5 times the regular hourly rate
2 times the regular hourly rate
the same as the regular hourly rate
the same as gross pay
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Overtime is NOT included when calculating gross pay.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following deductions are required by law?
retirement
union dues
taxes
savings
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Both employees and employers benefit from alternative work schedules such as job sharing, flextime, telecommuting, etc.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A standard workweek is 40 hours.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
rate x hours worked = _____
net pay
gross pay
take-home pay
overtime pay
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Salaried workers can calculate their gross pay per paycheck by dividing their annual salary by # of paychecks per year.
True
False
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