A qualified retirement plan sponsored by an employer.
Spring Final Review

Quiz
•
Education
•
10th Grade
•
Medium
Krystina Hunt
Used 1+ times
FREE Resource
33 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
401 (k)
Commission
Direct Deposit
Electronic Funds Transfer
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A method of paying an employee based on the amount of sales the employee generates.
401 (k)
Commission
Direct Deposit
Electronic Funds Transfer
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The payment of an employee’s net pay using electronic funds transfer.
401 (k)
Commission
Direct Deposit
Electronic Funds Transfer
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A computerized cash payments system that transfers funds without the use of checks, currency, or other paper documents.
401 (k)
Commission
Direct Deposit
Electronic Funds Transfer
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A qualified retirement plan that provides most individuals with a deferred federal income tax benefit.
Individual Retirement Account (IRA)
Medicare Tax
Net Pay
Qualified Retirement Plan
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A federal tax paid for hospital insurance.
Individual Retirement Account (IRA)
Medicare Tax
Net Pay
Qualified Retirement Plan
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The total earnings paid to an employee after payroll taxes and other deductions.
Individual Retirement Account (IRA)
Medicare Tax
Net Pay
Qualified Retirement Plan
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