Paycheck Pretest

The actual amount of money you "take home" is

• Gross Pay

• Never Enough

• Net Pay

• Payroll Income

Tags

CCSS.7.RP.A.3

Federal Government programs and services are supported through?

• Retirement Savings

• Payroll Deductions

• Federal Income Tax

• State Income Tax

Tags

CCSS.7.RP.A.3

_________ are part of an employee's compensation

• Insurance

• Retirement Savings

• Taxes

• Benefits

Tags

CCSS.RI.7.5

CCSS.RI.8.3

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

Your net income is the money/amount deposited in your bank account.

• TRUE

• FALSE

Tags

CCSS.6.NS.C.7C

___________ Goes into a federal program that provides financial support for people who are retired.

• Benefits

• Insurance

• Social Security Tax

• All of The Above

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

A document showing an employee's wages & deductions is an?

• Earnings Statement

• Paycheck

• Payroll Deduction

• None of the above

Tags

CCSS.RI.11-12.3

CCSS.RI.8.3

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

I don't have to pay taxes because I'm not 18 years old yet.

• TRUE

• FALSE

Tags

CCSS.RI.8.1

CCSS.RI.8.8

CCSS.RL.11-12.1

CCSS.RL.8.1

CCSS.RL.9-10.1

State government services are paid for by

• Federal Income Tax

• State Income Tax

• Both Federal & State Income Tax

• Retirement Savings

I signed up for direct deposit, so I won't get a physical check with my pay stub

• TRUE

• FALSE

Tags

CCSS.7.NS.A.2D

CCSS.8.NS.A.1

Most employers offer to pay a portion of a premium for this benefit option?

• Retirement Savings

• State Income Tax

• Insurance

• All of the Above