Earning Income Knowledge Check

_______________ is the process by which professionals across industries use their skill sets and determination to achieve new career goals and more challenging job opportunities.

• CEO

• Job Advancement

• Plateauing

• Internship

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Which of the following is an example of a type of job advancement?

• 
  having a job in the government

• retiring early

• 
  getting a promotion

• 
  working full time

Tags

CCSS.RI.8.2

CCSS.RL.11-12.2

CCSS.RL.7.2

CCSS.RL.8.1

CCSS.RL.9-10.2

A ____________ is a summary of all the ways that a company directly or indirectly pays employees.

• Benefit

• Pay Stub

• Compensation Package

• Paycheck

Tags

CCSS.RI.11-12.7

CCSS.RI.9-10.7

CCSS.RL.11-12.7

CCSS.RL.8.7

CCSS.RL.9-10.7

These are all parts of a compensation package except:

• Paid Time Off

• Retirement Account Matching

• Health Insurance

• Social Security

What is Social Security?

• 
  payment received from the government after retirement

• 
  a job benefit given to employees

• 
  payment from a company received after retirement

• 
  a health insurance plan

What type of employment matches this job description?

An employee works less than 30 hours per week.

• Salaried

• Full-time

• Hourly

• Part-Time

What type of employment matches this job description?

An employee earns a set amount of money each pay period.

• Salaried

• Full-time

• Hourly

• Part-Time

What type of employment matches this job description?

An employee works at least 30 hours per week.

• Salaried

• Full-time

• Hourly

• Part-Time

What type of employment matches this job description?

An employee earns an amount based on the amount of time worked.

• Salaried

• Full-time

• Hourly

• Part-Time

Tags

CCSS.7.RP.A.2

Net income is also known as ____________.

• Take-home Pay

• Gross Income

• Deductions

• Commissions