Employee Compensation Compoennts

Employee Compensation Compoennts

9th - 12th Grade

21 Qs

quiz-placeholder

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Employee Compensation Compoennts

Employee Compensation Compoennts

Assessment

Quiz

Other

9th - 12th Grade

Medium

Created by

Megan mcconnell

Used 17+ times

FREE Resource

21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Individual designated to receive a sum of money upon the death of a policy holder correctly defines which of the following?

Account holder

Beneficiary

Liable individual

Insured

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A specified amount of money an insured individual must pay before an insurance company will pay a claim correctly defines which of the following?

Deductible

Tangible

Deposits

Contributions

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following provides wage replacement and medical benefits to employees who suffer from job-related illnesses or injuries?

Paid time off

Retirement plans

Workers compensation

Disability insurance

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following are prepaid debit cards which are reloaded with employee wages?

Direct cards

Debit cards

Payroll cards

Monetary cards

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Gross pay refers to which of the following?

Total income earned before deductions

Total of deductions

Total take-home pay after deductions

Total of all taxes paid

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mandated deductions are NOT influenced by which of the following?

Marital status

Income level

Exemptions

Age

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following equations calculates net pay?

Deductions + taxes paid = net pay

Gross pay - deductions = net pay

Withholdings + tax deductions = net pay

Deductions - gross pay = net pay

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