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Quiz by Stephanie Barker
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15 questions
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- Q1What is a payroll?A record of a company's employees and the salaries and wages they are paidA form that employees fill out to request time offA document that outlines a company's dress code policyA monthly report on a company's profit and loss30s
- Q2What is gross pay?The total amount of wages or salary earned by an employee before deductionsThe amount of money withheld from an employee's paycheck for taxesThe additional payment received by an employee for working overtimeThe net amount of money received by an employee after deductions30s
- Q3What is net pay?The additional payment received by an employee for working overtimeThe amount of money an employee receives after deductions have been made from their gross payThe total amount of wages or salary earned by an employee before deductionsThe amount of money withheld from an employee's paycheck for taxes30s
- Q4What is a pay period?The date by which employees must submit their time sheetsThe deadline for employees to request vacation timeThe process of calculating taxes and deductions from employee paychecksThe length of time over which employee wages are calculated and paid30s
- Q5What is a pay stub?A document that verifies an employee's employment historyA document provided to employees that outlines details of their pay, including earnings, deductions, and net payA record of hours worked by an employeeA form that employees submit to request reimbursement for work-related expenses30s
- Q6Jaden sells a book for $100. He earns a 10% commission on the sale. How much does he earn?$110$90$1000$1030s
- Q7Karen works at a clothing store. She earns a 15% commission on every sale. If a customer purchases items worth $200, how much commission does Karen earn?$30$15$50$2030s
- Q8Sam is a real estate agent who earns a 3% commission on each house he sells. If he sells a house for $250,000, how much does he earn in commission?$5000$10000$2500$750030s
- Q9What is the purpose of a retirement plan as an employee benefit?To provide paid vacationTo save money for retirementTo pay for tuition feesTo offer health insurance30s
- Q10What is the purpose of health insurance as an employee benefit?To cover medical expensesTo save money for retirementTo pay for tuition feesTo provide paid vacation30s
- Q11What is a common type of employee benefit package?Paid vacationRetirement planHealth insuranceGym membership30s
- Q12Which of the following employee benefit packages promotes professional development?Fitness center membershipTuition assistance programCasual dress codeCompany-provided meals30s
- Q13What is a common employee benefit package that supports work-life balance?Performance bonusesCompany carFlexible work schedulesOn-site gym30s
- Q14What is a target audience in marketing?The number of sales a product hasThe total number of people in a marketA specific group of people who are most likely to be interested in a product or serviceThe geographic location of potential customers30s
- Q15What is the purpose of a marketing plan?To determine the cost of production for a productTo outline goals, strategies, and tactics for promoting a product or serviceTo hire and train a sales teamTo analyze market trends and consumer behavior30s