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Review 3-1
Test Description: Chapter 1-2
Instructions: Answer all questions to get your test result.
1) An employee who is paid weekly is paid___________ times a year.
A
58
B
52
C
50
D
12
2) The amount of money a worker takes home after deductions ________is pay.
A
weekly
B
gross
C
annual
D
net
3) If Pam starts work at 7:30 A.M. and leaves for lunch at 12:00 P.M., she works__________ hours.
A
3
B
3.5
C
4
D
4.5
4) If Kyle earns $3,000 per month, his annual income is ___________.
A
$18,000
B
$15,000
C
$36,000
D
$156,000
5) When Denise works 20 hours a week for $7.50 per hour, she earns _________in weekly wages.
A
75
B
$150
C
$27.50
D
$100
6) Marvin’s wages are __________for moving 480 crates at a piecework rate of $1.50 per crate.
A
$320
B
$720
C
$150
D
$841.50
7) The decimal .723924 rounded to the nearest thousandth is ___________.
A
.72392
B
.724
C
.723
D
.7239
8) Mrs. Hue’s co-payment is 10% of $36,100. Her co-payment is ________________.
A
$36,100
B
$361
C
$32,490
D
$3,610
9) $1,272.48 rounded to the nearest dollar is__________________ .
A
$1,272
B
$1,270
C
$1,000
D
$1,200
10) Selma buys stock for $6.10 per share and sells it for $10.70 per share. Her profit per share is____________ .
A
$6.10
B
$10.70
C
.$16.80
D
$4.60
*select an answer for all questions
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