1-1 Pay Stubs

Net pay is ...

• income before deductions

• income after deductions

• income you take home

• income with holdings

What is the definition of Gross Pay?

• state taxes

• income after deductions

• federal taxes

• total income

What does FICA stands for?

• For Insurance Contributing Animals

• Formal Initiative Costing Association

• Federal Insurance Contributions Act

• None of the above

What is the employer name?

• John Smith
• John S. Ltd
• John
•  John Ltd.

What is the length of the pay period?

• two weeks
• one week 
• a month
• three weeks 

Taxes are deducted from all employees paychecks

• true
• false

On a pay stub, this indicates the total amount of money received by an employee after all deductions are taken out.

• Net Pay
• Gross Pay
• Total Pay
• Grand Pay

Money paid to the government

• Paystub

• Current

• Taxes

• Net Pay

The company you work for deposits the net pay straight into your bank account

• Rate

• Direct Deposit

• Paystub

• Pay Period

Money taken out of paycheck to cover expenses including taxes and health insurance

• Deductions

• Taxes

• Paystub

• Net Pay