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M3 L1 Salaries, Wages & Benefits

Quiz by rodney necesito

Grade 11
Business Mathematics
Philippines Curriculum: SHS Specialized Subjects (MELC)

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10 questions
Show answers
  • Q1

    It is usually associated with employee compensation that is based on the numberof hours worked multiplied by an hourly rate of pay.

     Salary

    Wage

    Benefits

    Income  

    300s
  • Q2

    The following are examples of salary earners EXCEPT

    Manager

    Doctor

    Accountant 

    Teacher

    300s
  • Q3

    The Human Resources Personnel enumerated the cash benefits that Liza willreceive. Which of the following is not included?

    Leave incentive

    Meal allowance 

    Bonus   

    13th month pay

    300s
  • Q4

    Which of the following is NOT a wage earner?

    Baker  

    Office Personnel

    Plumber

    Tricycle Driver

    300s
  • Q5

    Farmers,fishermen, investors, and the likes receive money in exchange of theirservices. It is called _______________________.

    Income

    Wage

    Benefits

    Salary

    300s
  • Q6

    Elmer is a tricycle driver whoearns an average of Php 700 a day. If he will work for 8 hours, how much is hishourly rate?

    Php 87.50

    Php 89.50

    Php 82.50

    Php 75.50

    300s
  • Q7

    Mr.Enrico invested Php 989000 in the bank that gives 2% income, how much did heearn?

    Php 19480

    Php 19680

    Php 19780

    Php 19580

    300s
  • Q8

    Jadeworks as a service crew, who receives an hourly rate of Php 79. If he will work6 hours a day for 6 days, how much will he receive in one week?

    Php 2744

    Php 2944

    Php 2844

    Php 2644

    300s
  • Q9

    Paul works as a glove maker.His piece rate for every glove he made is graduated as follows: Quantity DailyRate per 100 pieces

    Less than 100         Php 120

    100 – 199               Php 130

    200 – 299               Php 140

    300 and more         Php 150How much did he earn if he finished 350 pieces last Monday?

    Php 575

    Php 600

    Php 550

    Php 525

    300s
  • Q10

    Paul works as a glove maker.His piece rate for every glove he made is graduated as follows: Quantity DailyRate per 100 pieces

    Less than 100         Php 120

    100 – 199               Php 130

    200 – 299               Php 140

    300 and more                   Php 150How much will he earn in a week, if he will finish 300 on Tuesday,276 on Wednesday, 250 on Thursday, and 159 on Friday?

    Php 2218.10

    Php 1918.10 

    Php 2018.10

    Php 2118.10

    300s

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