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Dollars Sense - Getting Paid
Test Description: Getting paid
Instructions: Answer all questions to get your test result.
1) Someone who employs people
A
paycheck
B
employee
C
employer
2) A check written to a worker in the amount of money earned
A
direct deposit
B
payroll card
C
paper paycheck
3) A benefit of direct deposit
A
always know when money will be in the account
B
you have to have a account to have it put into
C
may have to pay fees
4) A reloadable debit card onto which a worker's pay is loaded
A
payroll card
B
direct deposit
C
paper paycheck
5) Gross Income (gross pay)
A
Tale hjome pay
B
The amount of money you are able to spend from your check
C
Amount of money earned before taxes
6) Federal Income Tax
A
Social Security tax
B
State Income tax
C
Amount deducted depends on the amount of money you earned and information on W4
7) Income for retirees, disabled, children who have lost a parent
A
Medicare
B
Federal Income Tax
C
Social Security
8) Health care for people over the age of 65
A
Social Security
B
State Income Tax
C
Federal Income Tax
D
Medicare
9) Net Income
A
Medical Insurance for those over 65
B
The amount you make before taxes are taken out
C
Amount of money left once all deductions have been taken from check
10) Helps to pay for roads, schools, social services
A
Social Security
B
Medicare
C
Federal Income Tax
11) things outside your regular pay that an employer supports and employer
A
Income tax
B
Social Security
C
FICA
D
Benefits
*select an answer for all questions
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