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personal finance p3

personal finance period 3

QuestionAnswer
what are taxes? Required charges of citizens by local, state, and federal governments.
what is a smart goal? a specific measurable attainable realistic time bound goal.
what was the first form of currency? Egyptian gold rings.
what do you need to provide for your I-9? a passport, driver’s license, U.S. military card, Social Security card, birth certificate.
what are three ways to pay an employee? you can pay an employee via direct deposit, paycheck, and payroll card.
define pay period The length of time for which an employee’s wages are calculated Most businesses pay employees either weekly, bi-weekly, or monthly
what is net income? The amount left after all payroll deductions have been taken from the gross income
define year to date Totals all of the deductions which have been withheld from an individual’s paycheck from January 1 to the last day of the pay period indicated on the paycheck stub
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