Understanding Paychecks

HOW MUCH DOES SHE A MONTH?

• SIX THOUSAND CORDOBAS A MONTH

• EIGHT THOUSAND CORDOBAS A MONTH

• NINE THOUSAND CORDOBAS A MONTH

• FIVE THOUSAND CORDOBAS A MONTH

The net amount of income received after the deduction of taxes, benefits, and voluntary contributions from a paycheck.

• Capital

• Net pay

• Territory

• Gross pay

What does a pay stub show?

• Your work schedule

• Details about your pay

• Your job responsibilities

• Your bank account balance

The net amount of income received after the deduction of taxes, benefits, and voluntary contributions from a paycheck.

• Capital

• Net pay

• Territory

• Gross pay

What does a pay stub show?

• Your work schedule

• Details about your pay

• Your job responsibilities

• Your bank account balance

Which term refers to the total amount of money earned before any deductions?

• Net pay

• Gross pay

• Taxable income

• Disposable income

What is the purpose of a paycheck?

• To provide a summary of work hours

• To show the amount of money earned

• To list job responsibilities

• To display tax rates

Which of the following is a common deduction found on a paycheck?

• Rent

• Utilities

• Federal tax

• Groceries

What does 'FICA' stand for on a paycheck?

• Federal Insurance Contributions Act

• Federal Income and Contributions Act

• Federal Insurance and Compensation Act

• Federal Income and Compensation Act

What is the meaning of 'withholding' in the context of paychecks?

• Adding extra money to your paycheck

• Deductions taken from your paycheck

• A bonus added to your paycheck

• A summary of your earnings