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