Question

will someone check my answers in personal finance?

Answer 1

A. The amount of an employee's income that an employer sends directly to the federal, state, or local tax authority
B. Taxes, insurance, and saving plans deducted from a paycheck
C. Provides a summary of the payroll information for each pay period
D. Commission, hourly rate, and salary
E. Fee paid for providing a service, usually as a percentage of the total amount of the business transacted
F. Social Security, Medicare, federal, and state taxes
G. Type of payment where an employee is only paid for the hours worked
H. Health insurance, retirement plans, life insurance, and stock purchase plans
I. A payment amount that is paid yearly, and is then divided into weekly, biweekly, or monthly payments throughout the year
J. Deductions that are untaxed

1. Deductions (1 point) d

2. Methods of paying employees (1 point)c

3. Commission (1 point) h

4. Hourly rate (1 point) b

5. Salary (1 point) a

6. Standard deductions (1 point)i

7. Withholdings (1 point) g

8. Specific required deductions (1 point) f

9. Voluntary deductions (1 point)j

10. Payroll register (1 point) e

Answer 2

A. The amount of an employee's income that an employer sends directly to the federal, state, or local tax authority

http://www.thefreedictionary.com/Withholdings

so does this change your answer for A?

Answer 3

so 1 would be 7?

Answer 4

not sure what you mean

Answer 5

oh you mean A would be 7 ?

Answer 6

yes

Answer 7

correct,

A. The amount of an employee's income that an employer sends directly to the federal, state, or local tax authority

matches with

7. Withholdings

Answer 8

alright.

Answer 9

E. Fee paid for providing a service, usually as a percentage of the total amount of the business transacted

that's known as a commission (or working on commission) (think of any store where an employee must sell a certain amount of items to make a specific amount of money)

http://en.wikipedia.org/wiki/Commission_%28remuneration%29

Answer 10

soo 3 would be E?

Answer 11

yep, see how I'm doing this?

Answer 12

not really...

Answer 13

I'm basically going through a dictionary, encylopedia, etc and locating each term I can

and then matching

Answer 14

oohhh alright lol but i wasnt wanting to cheat.

Answer 15

the first one, I found withholdings in that dictionary

then it said that it's "A portion of an employee's wages or salary withheld by the employer as partial payment of the employee's income tax. Also called withholding tax."

so it had to match with "A. The amount of an employee's income that an employer sends directly to the federal, state, or local tax authority"

Answer 16

oh this is a test?

Answer 17

I thought this was hw, my bad, I shouldn't be helping at all

Answer 18

no just a quiz lol

Answer 19

it is homework i just was wanting help.

Answer 20

seems a bit contradictory, no offense, it's either a quiz or it's hw (can't be both)

Answer 21

but again, idk how your class is set up

Answer 22

anyways, that's one way you can check your answers

Answer 23

lol my school calls homework a quiz.

Answer 24

weird

Answer 25

ehh kinda..

Answer 26

so do you know what I mean though? by looking the terms up in a dictionary, encyclopedia, etc

oh and your book may have a glossary or index

Answer 27

so that's probably the best option

Answer 28

yeah i didnt even think about it.. lol thnks bro!

Answer 29

np

Answer 30

XD

Answer 31

1. Deductions - b

2. Methods of paying employees - d

3. Commission - e

4. Hourly rate - g

5. Salary - i

6. Standard deductions - j

7. Withholdings - a

8. Specific required deductions - f

9. Voluntary deductions - h

10. Payroll register - c