Finance Quiz 8/22

Which phrase means the "number of hours an employee is required to work per week"?

• Regular Hours

• Gross Pay

• Overtime

• Federal Minimum Wage

Which phrase means "the rate of pay an employee receives for each hour of work beyond their regular hours"?

• Direct Deposit

• Hourly Rate

• Overtime Hourly Rate

• Time-and-a-Half

Which phrase means "the sum of an employee's regular pay and overtime pay"?

• Biweekly

• Overtime

• Semi-Monthly

• Gross Pay

Which phrase means "an overtime rate of one-and-a-half times the regular hourly rate"?

• Double-Time

• Time-And-A-Half

• Overtime Hourly Rate

• Hourly Rate

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

Which phrase means an "employee receives a paycheck on the same two days each month"?

• Semimonthly

• Monthly

• Overtime

• Double-time

Which phrase means that a "paycheck amounts are electronically deposited into bank accounts on payday"?

• direct deposit
• wire transfer
• bank transfer
• automatic payment

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

Which phrase means an "employee receives a paycheck every week"?

• Biweekly

• Hourly Rate

• Weekly

• Direct Deposit

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 phrase means an "employee receives a paycheck on the same date each month"?

• Federal Minimum Wage

• Direct Deposit

• Biweekly

• Monthly

Which phrase means the "extra hours that are more than the number of regular hours"?

• Overtime

• Weekly

• Double-time

• Hourly Rate

Which phrase means "the lowest hourly rate that can be paid to an employee in the United States"?

• Time-and-a-half

• Federal Minimum Wage

• Gross Pay

• Hourly Rate

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A