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personal finance p3
personal finance period 3
| Question | Answer |
|---|---|
| what are taxes? | Required charges of citizens by local, state, and federal governments. |
| what is a smart goal? | a specific measurable attainable realistic time bound goal. |
| what was the first form of currency? | Egyptian gold rings. |
| what do you need to provide for your I-9? | a passport, driver’s license, U.S. military card, Social Security card, birth certificate. |
| what are three ways to pay an employee? | you can pay an employee via direct deposit, paycheck, and payroll card. |
| define pay period | The length of time for which an employee’s wages are calculated Most businesses pay employees either weekly, bi-weekly, or monthly |
| what is net income? | The amount left after all payroll deductions have been taken from the gross income |
| define year to date | Totals all of the deductions which have been withheld from an individual’s paycheck from January 1 to the last day of the pay period indicated on the paycheck stub |
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