Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

CFM

QuestionAnswer
biweekly occurring every two weeks
dependent a person who relies on another, especially a family member, for financial support.
direct deposit the electronic transfer of a payment from the account of the payer to the recipient's account.
earned income money from paid work.
employee a person employed for wages or salary.
employer a person or organization that employs people.
exemptions the process of exempting a person from paying taxes on a specified amount of income for themselves and their dependents.
federal income tax a tax on workers' salaries
fica Federal Insurance Contributions Act - united states payroll tax directed to employees and employers.
fringe benefits an extra benefit supplementing an employee's salary - company car, meals, heathcare.
gross income sum of all wages before any deductions or taxes.
hourly wage the hourly rate an employee is paid.
income tax tax on personal income.
medicare tax tax that goes to medicare.
net income Net income is calculated by subtracting expenses from gross income.
overtime pay money earned at an increased rate for working more than the usual number of hours in one week
profit sharing a system in which the people who work for a company receive a direct share of the profits.
salary a fixed regular payment made by an employer to an employee.
sales commissions The amount of money that an individual receives based on the level of sales made.
social security tax tax that goes to social security program.
tax deduction deduction that lowers a person’s tax liability by lowering his taxable income.
tips money given to a worker from a customer for the work performance.
w2 form it’s the "wage and tax statement" that discloses your taxable income for the year.
w4 form On the form, employees claim withholding allowances.
withholding allowance when you claim an allowance, you’re telling your employerthat you qualify not to pay a certain amount of tax.
Created by: arosario20
Popular Finance sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards