How many paychecks does a person who is paid semimonthly receive each year
🔄 Click to see definition
Definition1/20
A person who is paid semimonthly is paid twice a month, so that
person should receive two pay checks each month. If you take two by
the number of months in a year (12) you get 24. So a person who
gets paid semimonthly should receive a total of 24 checks a
year.
🔄 Click to see term
Term1/20
Which of these is an element of limited payment life insurance
🔄 Click to see definition
Definition1/20
this life insurance policy has premium payment for a set number
or years....
🔄 Click to see term
Term1/20
Which type of insurance will pay for the loss of the insured's leg or arm
🔄 Click to see definition
Definition1/20
Accidental Death or Dismemberment
did you know people eat toilet paper in prison so they wont
starve..........
🔄 Click to see term
Term1/20
Which term is defined as the dollar amount earned in a worker's paycheck
🔄 Click to see definition
Definition1/20
nominal wages
🔄 Click to see term
Term1/20
What is the best description of a defined benefits plan
🔄 Click to see definition
Definition1/20
a set amount an employee will receive at retirement
🔄 Click to see term
Term1/20
What is the monthly gross pay if the basic is 2250 a month with 4.9 percent commission on 4828 in sales
🔄 Click to see definition
Definition1/20
2486.57
🔄 Click to see term
Term1/20
If you received an annual salary of 33500 paid monthly what would your gross pay be each pay period
🔄 Click to see definition
Definition1/20
2,791.67
🔄 Click to see term
Term1/20
What is the gross pay per pay period if an employee is paid an annual salary of 37500 semimonthly
🔄 Click to see definition
Definition1/20
1,562.50
🔄 Click to see term
Term1/20
Working for OK Titansports Donna makes an annual salary of 29400 What would her gross pay be if she were paid weekly
🔄 Click to see definition
Definition1/20
There are 52 weeks in a year, so her weekly pay would be:
$29400 ÷ 52 ≈ $565.38
🔄 Click to see term
Term1/20
Which is the best description of gross pay
🔄 Click to see definition
Definition1/20
the amount of money a worker receives before any deductions
🔄 Click to see term
Term1/20
Is salary an example of earned income
🔄 Click to see definition
Definition1/20
Yes.
🔄 Click to see term
Term1/20
Which type of annuity credits an individual with a return that is based on changes in an index
🔄 Click to see definition
Definition1/20
indexed! :)
🔄 Click to see term
Term1/20
Which of these employees are eligible for overtime and holiday pay
🔄 Click to see definition
Definition1/20
hourly employees
🔄 Click to see term
Term1/20
How is overtime pay often calculated
🔄 Click to see definition
Definition1/20
at one and one half times the hourly rate
🔄 Click to see term
Term1/20
What represents an employee's total compensation plan
🔄 Click to see definition
Definition1/20
salary and benefits combined
🔄 Click to see term
Term1/20
What are some statements that do not describe employees who work contract labor
🔄 Click to see definition
Definition1/20
"They are paid lots of money" does not describe employees who
work contract labor.
🔄 Click to see term
Term1/20
What employees are paid for the number of hours worked during a specified period
🔄 Click to see definition
Definition1/20
hourly
🔄 Click to see term
Term1/20
If an employee works on a holiday how much is he typically get paid
🔄 Click to see definition
Definition1/20
two times the employee's hourly rate
🔄 Click to see term
Term1/20
Money gained from stocks and bonds is an example of which of these
🔄 Click to see definition
Definition1/20
Unearned Income
🔄 Click to see term
Term1/20
Which one of these is not an example of an employees withholdings
🔄 Click to see definition
Definition1/20
Investment Earnings
🔄 Click to see term
🥳
Great job!
You studied all the cards in this guide.
Rate this guide:
☆★☆★☆★☆★☆★
Start overPrint
Full screen
Rate this Study Guide:
☆★☆★☆★☆★☆★
Cards in this guide (20)
How many paychecks does a person who is paid semimonthly receive each year
A person who is paid semimonthly is paid twice a month, so that
person should receive two pay checks each month. If you take two by
the number of months in a year (12) you get 24. So a person who
gets paid semimonthly should receive a total of 24 checks a
year.
Which of these is an element of limited payment life insurance
this life insurance policy has premium payment for a set number
or years....
Which type of insurance will pay for the loss of the insured's leg or arm
Accidental Death or Dismemberment
did you know people eat toilet paper in prison so they wont
starve..........
Which term is defined as the dollar amount earned in a worker's paycheck
nominal wages
What is the best description of a defined benefits plan
a set amount an employee will receive at retirement
What is the monthly gross pay if the basic is 2250 a month with 4.9 percent commission on 4828 in sales
2486.57
If you received an annual salary of 33500 paid monthly what would your gross pay be each pay period
2,791.67
What is the gross pay per pay period if an employee is paid an annual salary of 37500 semimonthly
1,562.50
Working for OK Titansports Donna makes an annual salary of 29400 What would her gross pay be if she were paid weekly
There are 52 weeks in a year, so her weekly pay would be:
$29400 ÷ 52 ≈ $565.38
Which is the best description of gross pay
the amount of money a worker receives before any deductions
Is salary an example of earned income
Yes.
Which type of annuity credits an individual with a return that is based on changes in an index
indexed! :)
Which of these employees are eligible for overtime and holiday pay
hourly employees
How is overtime pay often calculated
at one and one half times the hourly rate
What represents an employee's total compensation plan
salary and benefits combined
What are some statements that do not describe employees who work contract labor
"They are paid lots of money" does not describe employees who
work contract labor.
What employees are paid for the number of hours worked during a specified period
hourly
If an employee works on a holiday how much is he typically get paid
two times the employee's hourly rate
Money gained from stocks and bonds is an example of which of these
Unearned Income
Which one of these is not an example of an employees withholdings