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Pay Stubs & Taxes

Life Skills

9th - 12th Grade

Used 69+ times

Pay Stubs & Taxes
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for money taken out of a paycheck?

salary

deduction

subtraction

none of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The money earned before money is taken out of a paycheck is called what?

net pay

earned pay

gross pay

full pay

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The time period in which an employee gets paid is called?

pay check

pay period

time period

none of these

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which are considered mandatory deductions from a paycheck?

social security

medicare

federal income tax

all of these

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which are considered optional deductions from a paycheck?

life insurance

health insurance

union dues

all of these

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

State tax monies might be used for:

healthcare

transportation

education

all of these

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Federal tax monies might be used for:

healthcare

groceries

parks & recreation

computer networks

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