Finacial Lit. C. Voc
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Hourly Rate | A fixed amount of money paid for each hour of work.
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| Straight-time Pay | The total amount of money earned for a pay period at the regular hourly rate.
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| Gross Income | The total amount paid during a pay period.
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| Overtime Pay | Extra pay for hours worked beyond the regular amount of hours.
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| Time and a Half | An overtime pay rate of 1 1/2 times the regular hourly rate.
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| Double Time | An over time pay rate of twice the regular hourly rate.
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| Weekly Time Card | A daily record of the time you report to work and the time you depart.
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| Piecework | A worker receives a specified amount of money for each item of work completed.
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| Salary | A fixed amount of money earned on a regular basis.
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| Commission | An amount of money paid for selling a product or service.
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| Commission Rate | A specified amount of money paid for each sale or a percent of the total value of sales.
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| Straight Commission | Pay that consists only of money earned from sales.
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| Graduated Commission | Pay based on a different rate of commission for each of several levels of sales.
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You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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