Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
12 Cards in this Set
- Front
- Back
|
Salary
|
The money paid for employee service
|
|
|
Pay period
|
The period covered by a salary payment
|
|
|
Payroll
|
The total amount earned by all employees for a pay period
|
|
|
Total earnings
|
The total pay due for a pay period before deductions
|
|
|
Payroll taxes
|
Taxes based on the payroll of a business
|
|
|
Withholding allowance
|
A deduction from total earnings for each person legally supported by a tax payer, including the employee
|
|
|
Social security tax
|
A federal tax paid for old age, suriviors, and and disability insurance
|
|
|
Medicare tax
|
A federal tax paid for hospital insurance
|
|
|
Tax base
|
The maximum amount of earnings on which a tax is calculated
|
|
|
Payroll register
|
A business form used to record payroll information
|
|
|
Net pay
|
The total earnings paid to an employee after payroll taxes and other deductions
|
|
|
Employee earnings record
|
A business form used to record details affecting payments made to an employee
|
