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Question 3:
An amount paid to an employee based on a percentage of the employee's sales is called a/an:


wage.


commission.


salary.


allowance.

 
Question 4:
A list displaying the employee names and the payments due to each employee for a specific pay period is called the:


outstanding loans.


pay stubs.


payroll.


pay period.

Question 5:
A 401(k) plan is:


a mandatory deduction.


a voluntary deduction.


an allowance.


a taxable deduction.

Question 7:
Match the terms in Column I with the definitions in Column II.

accumulated earnings
commission
deduction
electronic badge readers
overtime rate
salary
withholding allowance
A.
electronic attendance
B.
fixed pay
C.
1.5 times
D.
year-to-date gross earnings
E.
form W4
F.
income tax
G.
percentage on sales