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Quiz

The document contains a 10 question quiz about salaries, wages, income and benefits. It asks the reader to identify these terms and calculate annual salaries from monthly, semi-monthly, bi-weekly and hourly rates that are provided.

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YAHIKOヤヒコYUICHIゆいち
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41 views

Quiz

The document contains a 10 question quiz about salaries, wages, income and benefits. It asks the reader to identify these terms and calculate annual salaries from monthly, semi-monthly, bi-weekly and hourly rates that are provided.

Uploaded by

YAHIKOヤヒコYUICHIゆいち
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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QUIZ

1. It is a fixed amount usually associated with employee compensation


usually received on a monthly or semi-monthly basis, but it may be quoted
in an annual sum.
A. salary B. wage C. income D. benefit
2. It is usually associated with employee compensation that is based on the
number of hours worked multiplied by an hourly rate of pay.
A. salary B. wage C. income D. benefit
3. It is the total amount that people earn in exchange of the goods,
employment, businesses, investments and professional services that they
have rendered.
A. salary B. wage C. income D. benefit
4. It is an employee compensation given by an employer
other than the basic salary/wage. It may come in the form
of cash or in kind.
A. salary B. wage C. income D. benefit
5. These are employees who are not paid less if they work
for only a fraction of the required number of hours of
work.
A. salary earner C. income earner B. wage earner D.
benefit earner
6. If an assistant principal in a private school is being offered a salary of ₱13,000 every
two weeks. How much will be his annual salary?
A. ₱26,000 b. ₱130,000 c. ₱156,000 d. ₱312,000
7. A Senior Police Officer I (SPO1) of the Philippine National Police (PNP) has a monthly
basic pay of ₱33,411. How much will be his annual salary? A. ₱16,705 B. ₱66,822 C.
₱334,110 D. ₱400,932
8. Antonio works as a part-time crew in a fast food chain in the city with the following
schedule for one week: Monday, 5 hours; Tuesday, 6 hours; Wednesday, 4 hours;
Thursday, 6 hours; Friday, 3 hours. If he was paid ₱104.25 an hour, how much will he get
for the week?
A. ₱2,502 B. ₱2,919 C. ₱3,336 D. ₱3,5446. Mrs. Sanchez works as an accountant and gets
a salary of ₱15,000 which is given semimonthly. How much will be her annual salary?
9. Mrs. Sanchez works as an accountant and gets a
salary of ₱15,000 which is given semimonthly. How
much will be her annual salary?
10. Mr. Reyes gets a salary of ₱10,000 which is
given bi-weekly. How much will be his annual
salary?
• A. salary
• B. wage
• C. income
• D. benefit
• A. salary earner
• D.
• D.
• A.
• Annual salary = (semi-monthly salary)(24) = (₱15,000)(24) =
₱360,000
• Annual salary = (bi-weekly salary)(26) = (₱10,000)(26) =
₱260,000

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