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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
employer
B
employee
C
paycheck
2) A check written to a worker in the amount of money earned
A
paper paycheck
B
payroll card
C
direct deposit
3) A benefit of direct deposit
A
may have to pay fees
B
always know when money will be in the account
C
you have to have a account to have it put into
4) A reloadable debit card onto which a worker's pay is loaded
A
direct deposit
B
paper paycheck
C
payroll card
5) Gross Income (gross pay)
A
Amount of money earned before taxes
B
Tale hjome pay
C
The amount of money you are able to spend from your check
6) Federal Income Tax
A
Amount deducted depends on the amount of money you earned and information on W4
B
Social Security tax
C
State Income tax
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
State Income Tax
B
Federal Income Tax
C
Medicare
D
Social Security
9) Net Income
A
The amount you make before taxes are taken out
B
Medical Insurance for those over 65
C
Amount of money left once all deductions have been taken from check
10) Helps to pay for roads, schools, social services
A
Medicare
B
Federal Income Tax
C
Social Security
11) things outside your regular pay that an employer supports and employer
A
FICA
B
Income tax
C
Benefits
D
Social Security
*select an answer for all questions
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