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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
50
B
52
C
12
D
58
2) The amount of money a worker takes home after deductions ________is pay.
A
net
B
weekly
C
annual
D
gross
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
4.5
C
3.5
D
4
4) If Kyle earns $3,000 per month, his annual income is ___________.
A
$15,000
B
$156,000
C
$18,000
D
$36,000
5) When Denise works 20 hours a week for $7.50 per hour, she earns _________in weekly wages.
A
$27.50
B
$100
C
75
D
$150
6) Marvin’s wages are __________for moving 480 crates at a piecework rate of $1.50 per crate.
A
$841.50
B
$320
C
$150
D
$720
7) The decimal .723924 rounded to the nearest thousandth is ___________.
A
.723
B
.7239
C
.72392
D
.724
8) Mrs. Hue’s co-payment is 10% of $36,100. Her co-payment is ________________.
A
$361
B
$36,100
C
$3,610
D
$32,490
9) $1,272.48 rounded to the nearest dollar is__________________ .
A
$1,272
B
$1,200
C
$1,270
D
$1,000
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
$4.60
C
$10.70
D
.$16.80
*select an answer for all questions
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