Wage
Payroll

Flashcard
•
Business
•
12th Grade
•
Hard
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20 questions
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1.
FLASHCARD QUESTION
Front
Back
Amount paid to an employee for every hour worked
2.
FLASHCARD QUESTION
Front
Salary
Back
A fixed sum of money divided among equal pay periods
3.
FLASHCARD QUESTION
Front
Pay Period
Back
Number of days of weeks of work covered by an employee's paycheck
4.
FLASHCARD QUESTION
Front
What is Payroll?
Back
Total amount earned by all employees for a payroll period
5.
FLASHCARD QUESTION
Front
Payroll taxes
Back
Taxes based on payroll of a business (required by law)
6.
FLASHCARD QUESTION
Front
Withholding allowance
Back
A deduction from total earnings for each person legally supported by taxpayer and employer.
7.
FLASHCARD QUESTION
Front
Which one of these is not a way for a Company to do their payroll? Outsource, Software, Employer does themselves, Employee does it themselves
Back
Employee does it themselves
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