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Unit 7

Quiz by Teresa

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30 questions
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  • Q1
    a minimum price that an employer can pay a worker for an hour of labor
    MINIMUM WAGE
    30s
  • Q2
    pay received for hours worked in addition to regular hours
    OVERTIME PAY
    30s
  • Q3
    a set fee or percentage of a sale paid to an employee instead of or in addition to salary or wages
    Commission
    30s
  • Q4
    Compensation in forms other than direct payment
    BENEFITS
    30s
  • Q5
    money income left after all taxes on it have been paid
    DISPOSABLE INCOME
    30s
  • Q6
    paid time away from work due to illness
    SICK LEAVE
    30s
  • Q7
    Paid time away from work for personal reasons
    PERSONAL LEAVE
    30s
  • Q8
    A budget created to satisfy your financial needs after you no longer work.
    RETIREMENT PLAN
    30s
  • Q9
    the distribution of a percentage of a firm's profit among its employees
    PROFIT SHARING
    30s
  • Q10
    Income received from sources other than employment
    UNEARNED INCOME
    30s
  • Q11
    Money paid to you by the bank for being able to use your money.
    INTEREST
    30s
  • Q12
    payments by a corporation to shareholders, made in either cash or stock
    DIVIDENDS
    30s
  • Q13
    Benefits given by the government directly to individuals
    TRANSFER PAYMENTS
    30s
  • Q14
    MONEY IN THE FORM OF A CHECK, A DEBIT CARD, OR OTHER DIRECT PAYMENT GIVEN TO A PERSON NEEDING ASSISTANCE
    IN-CASH PAYMENTS
    30s
  • Q15
    PAYMENTS MADE INDIRECTLY ON A PERSON'S BEHALF OR PAID IN A FORM OTHER THAN MONEY
    IN-KIND PAYMENTS
    30s

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