MTH 092 Wk5 Payroll
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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| commission | earnings that are based on a percentage of an amount (sold)
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| deductions | money withheld from an employees paycheck to pay for items such as social security and taxes
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| FICA | a federal government tax for social security (6.2%) and medicare (1.45%)
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| Net pay | money received by an employee after all deductions
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| overtime | name given to any hours in which an employee may earn more than usual pay (usually time and a half)
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| percentage method | used to figure out an employees withholding – based on a percentage of earnings
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| piecework | when earnings are based on the number of items produced by an employee
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| SDI | insurance deducted from wages for a state to use to pay disable workers
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| W-2 | a year end statement provided for an employee stating their pay and deductions
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| Wages | money earned for employment - usually weekly, bi-weekly
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| Withholding allowance (exemption) | used to determine tax status, number depends on the number of dependents an employee claims
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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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Created by:
adotson
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