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More Pay Stubs To Read
Test Description: Review the information found on your pay stub plus information you should be aware of as an employee.
Instructions: Answer all questions to get your test result.
1) The income tax paid to the federal government is called…
A
CPP
B
EI
C
Federal Income Tax
D
Provincial Income Tax
2) What does YTD mean?
A
Yearly total Date
B
Year to Deduct
C
Yearly total Deductions
D
Year to Date
3) Income tax paid to the Ontario government is called…
A
Ontario Trust
B
Provincial Toll
C
Federal Income Tax
D
Provincial Income Tax
4) What is the usual length for a pay period?
A
1 day
B
2 days or 2 months
C
1 week or 2 months
D
2 weeks or 1 month
5) What does RRSP mean?
A
Registered Retirement Spending Program
B
Retirement Relief Salvation Program
C
Registered Retirement Sailing Program
D
Registered Retirement Savings Plan
6) Another name for worker is…
A
Employer
B
President
C
Boss man
D
Employee
7) What are the maximum hours that one can work for regular pay?
A
70 hours
B
60 hours
C
40 hours
D
50 hours
8) When you work beyond 40 hours per week, you earn…
A
Regular pay
B
Gross pay
C
Net pay
D
Over time pay
9) Gross pay is the money earned…
A
After deductions
B
Selling goods
C
Before deductions
D
Importing goods
10) What is a Social Insurance Number...
A
Unique number for an individual issued by the government
B
Serial number on money
C
Credit card number
D
Unique number for an individual issued by employers
*select an answer for all questions
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