study hall final review

what is a W-4 Document?

• Tax document that explains the employees filling status, adjustment.( fill it out before your job) (what rhymes)

• Tax document showing information about the income you have earned. you receve this, usually In January, after you have worked for an job.

what is a W-2 document?

• Tax document explains the employees filling status,adjustment.(fill it out for an job.)

• tax document showing information about the income that you have earned. You useally have received, in of January, After you have worked for an job.

what is gross pay?

• Amount of paycheck before taxes are taken out.

• Insurance coverage that protects you financially if you are responsible for someone elses injuries or property damage.

what does asset mean?

• property owed by a person who organizes and operates a business- creates their own business dept's

• Amount pay after taxes

what is an commission?

• A set amount of money given for one year of work

• Additional money earned based on job performance

what is net-pay?

• Amount pay after taxes

• Amount of money earned based on job performance

what does benefit mean?

• Any perks offered to employees in addition to salary. Examples: medical insurance,retirement,paid sick days.

• abbervation for dentist

What is a blue collar job?

• group of working people jobs- plumber, electrician.

• group of working peoples jobs lawyer,doctor.

what is a white collar job?

• group of professional jobs lawyer,doctor.

• group of professional working people jobs-plumber and electrician

what is a deposit?

• degree earned at a 2-year collage after you finish the necessary classes program.

• A occupation requiring mechanical skills.