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EFT stands for
electronic funds transfer
If you are doing a good job, the boss my give you a ______.
raise
Pay you get when you are fired or laid off from a job.
 
severence
 
social
 
security
 
solid
Bonus is.....
 
money given that is extra for good merit or job well done .
 
regular pay
 
retirement money
 
part of a
True or False. Hourly employees are paid a annual salary.
 
False
 
True
A weekly pay period results in
 
52 pay periods in a year
 
60 pay periods in a year
 
12 pay periods in a year
 
48 pay periods in a year
Overtime is....
 
is the additional amounts paid to hourly employees who work
 
the amount of time you spend on break at work.
 
deducted from your pay.
 
is not paid to salaried employees
EI stands for
employement insurance
What does CPP stand for
Canadian Pension Plan
Net pay is the ....
 
amount of pay an employee recieves after all deductions .
 
amount of pay an employee gives the CRA
 
amount of pay the employee can spend on fish at the market
 
amount of money an employee gets paid overall
True or False. Employees pay taxes on their net pay.
 
False
 
True
The total paid to an employee each pay period is....
 
gross pay
 
net pay
 
grumble pay
 
goat pay
Payroll means...
 
All of these answers are correct
 
The amount of money paid to all employees in a payday, as
 
The financial records of a company relating to the payment
 
The total record of earnings of all employees for a year


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