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1) This explains how much you earned, how much you pay in taxes and other monies that were deducted a) paystub b) gross pay c) net pay d) deduction 2) This is the total amount of your pay before deductions were made. a) paystub b) gross pay c) deduction d) net pay 3) This is the amount subtracted from your check a) paystub b) gross pay c) deduction d) net pay 4) This is the amount you receive after all deductions are made from your total earnings. a) paystub b) gross pay c) deduction d) net pay 5) This is the time period in which an employee worked and is being paid. a) salary b) wages c) pay period d) net pay 6) This is the payment of money for labor or services performed. a) salary b) wages c) pay period d) net pay 7) This is a fixed regular payment based upon an agreed amount between the employer and the employee. a) salary b) wages c) pay period d) net pay 8) Employees are not required to help pay for their health insurance a) true b) false 9) FICA-Social Security and Medicare are required to give money to programs that provide benefits for people who retire, are disabled, and more. a) true b) false 10) Deductions are only taken out of your paycheck sometimes. a) true b) false 11) Not all employees are paid an hourly wage, some employees receive a salary. a) true b) false 12) Being able to read a paystub is important because it will tell you a) if you were paid correctly and what deductions were made b) who is the boss c) how much you have saved for retirement 13) Common deductions made to employees' wages are a) health and dental insurance b) state and federal taxes c) FICA, social security, and retirement d) all of the above

Paystub Review Game

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