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Financial Tech Exam Part 6
Test Description: Financial Tech Exam Part 6
Instructions: Answer all questions to get your test result.
1) Person who can be claimed on tax return
A
landlord
B
tenant
C
independent
D
dependent
2) Voluntary deductions
A
social security
B
retirement plan
C
federal income tax
D
medicare
3) Pay for each month or year worked
A
wage
B
salary
C
bonus
D
commission
4) Used by employees to list exemptions and tax withholdings
A
W-2
B
I-9
C
W-4
D
1040EZ
5) Total salary or wages earned
A
gross pay
B
commission
C
net pay
D
bonus
6) Reports worker's taxable income for year
A
I-9
B
W-2
C
1040EZ
D
W-4
7) Pay for each hour worked
A
Commission
B
Salary
C
Bonus
D
Wage
8) Deductions required by law
A
health insurance
B
life insurance
C
retirement plan
D
federal income tax
9) Amount of check after deductions
A
salary
B
gross pay
C
commission
D
net pay
10) Percentage of sales paid to salesperson
A
salary
B
commission
C
wage
D
bonus
*select an answer for all questions
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