Self Assessment Quizzes

CHAPTER 12: Section 1 Calculating Gross Earnings

	1.	The person responsible for preparing payroll is often called the

		a.	payroll clerk
		b.	payroll assistant
		c.	pay monitor
		d.	master payroll clerk

	2.	A device that reads an identification badge by scanning its magnetic strip is also called

		a.	an employee locator
		b.	an electronic badge reader
		c.	an electronic badge locator
		d.	an electronic employee reader

	3.	The amount of time over which an employee is paid is called the

		a.	pay day
		b.	payroll
		c.	pay check
		d.	pay period

	4.	An amount paid to an employee based on a percentage of the employee`s sales is called

		a.	wages
		b.	commission
		c.	salary
		d.	bonus

	5.	A fixed amount of money paid to an employee each pay period is called

		a.	wages
		b.	overtime
		c.	salary
		d.	commission

	6.	A common way to pay employees is

		a.	the backdoor method
		b.	the hourly salary method
		c.	cost plus commission
		d.	hourly wages

	7.	The total amount of money an employee earns in a pay period is the

		a.	book value
		b.	payment due
		c.	gross earnings
		d.	overall wages

	8.	A record of the time an employee arrives and leaves each day is Often kept on a

		a.	ledger card
		b.	time manager
		c.	clock watcher
		d.	time card

	9.	The overtime rate for work over 40 hours a week is

		a.	1.5
		b.	1
		c.	2
		d.	2.5

	10.	A list of employees and the payments due to each for a specific pay period is called

		a.	outstanding loans
		b.	pay stubs
		c.	payroll
		d.	pay period