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Personal Finance #1 Test

Enter the letter for the matching Answer
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1.
Forms of employee compensation in addition to pay
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2.
Law that establishes a minimum wage and requires hourly workers to be paid 1.5 times their hourly rate for hours worked beyond 40 per week
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3.
Status that applies only to people who will not earn enough that year to owe any federal income tax
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4.
Work schedule that allows employees to choose their working hours within defined limits
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5.
Entitled to the full amount accumulated in a retirement plan
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6.
Law that prohibits unequal pay for men and women doing substantially similar work
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7.
Law that prohibits discrimination in hiring, training, and promoting on the basis of race, color, gender, religion, or national origin
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8.
Job design in which employees are trained to do more than one specialized task and move from one task to another
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9.
Work schedule that fits the normal 40-hour work week into less than 5 days
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10.
People under the age of legal adulthood
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11.
Money offered to encourage employees to strive for higher levels of performance
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12.
Law that prohibits discrimination in employment decisions against people age 40 and over
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13.
The lower limit on wages that employer can pay workers per hour
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14.
Law that prohibits discrimination on the basis of physical or mental disabilities
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15.
The number that you calculate on Form W-4 that reduces the amount of tax withhold from your paycheck
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16.
A form you fill out when you begin working that determines the amount your employer will withhold from your paycheck for incomes taxes
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17.
Law that allows employes to take up to 12 weeks of unpaid, job-protected leave.
A.
MINIMUM WAGE
B.
FORM W-4
C.
FLEXTIME
D.
AGE DISCRIMINATION IN EMPLOYMENT ACT
E.
COMPRESSED WORK WEEK
F.
FAMILY AND MEDICAL LEAVE ACT
G.
ALLOWANCES
H.
EQUAL PAY ACT
I.
INCENTIVE PAY
J.
BENEFITS
K.
JOB ROTATION
L.
VESTED
M.
FAIR LABOR STANDARDS ACT
N.
MINORS
O.
CIVIL RIGHTS ACT
P.
AMERICANS WITH DISABILITIES ACT
Q.
EXEMPT STATUS
Type the Answer that corresponds to the displayed Question.
incorrect
18.
Insurance program that pays benefits to workers and their families for injury, illness, or death that occurs as a result of the job
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19.
Law that established a national insurance program that provides financial help for the elderly and for disabled workers
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20.
A summary of the income you earned that year and all amounts the employer withheld for taxes
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21.
Time worked beyond the regular 40-hour work week.
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22.
Your permanent work identification number
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23.
Job design in which two people share one full-time position
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24.
Pay remaining after deductions are subtracted
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25.
Total pay before deductions are subtracted
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26.
A part of the Social Security Act that requires benefits to be paid to workers who lose their job through no fault of their own
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27.
Extras that a company offers in order to improve employee morale and working conditions

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