Wages and Employment Benefits

Question 1

Payroll deductions are the same for all employees.

Revolt · Accepted Answer

False

Question 2

Gross wage refers to the wage an employee earns before deductions are subtracted.

Revolt · Accepted Answer

True

Question 3

Which of the following is used by the federal government to support Social Security and Medicare programs?

Revolt · Accepted Answer

FICA

Question 4

Which of the following is not a payroll tax deduction?

Revolt · Accepted Answer

sales tax

Question 5

Employees who are paid to complete a task, such as build a house, are paid on a(n) _____ basis.

Revolt · Accepted Answer

contract

Question 6

Employees who are paid a set annual wage regardless of the number of hours worked or the amount of work completed are paid on a(n) _____ basis.

Revolt · Accepted Answer

salary

Question 7

Employees who are paid a portion of the profit from the sale of a product or service are paid on a(n) _____ basis.

Revolt · Accepted Answer

commission

Question 8

Employees who record and are paid for the exact of amount of time spent working are paid on a(n) _____ basis.

Revolt · Accepted Answer

hourly

Wages and Employment Benefits Answers