| A | B |
|---|
| payroll | List the payments due to each employee for a specific pay period |
| pay period | the amount of time over which an employee is paid |
| payroll clerk | responsible for preparing the payroll |
| gross earnings | total amount of money an employee earns in a pay period |
| salary | a fixed amount of money paid to an employee for each pay period |
| wage | an amount of money paid to an employee at a specified rate per hour work |
| time card | a record of the times an employee arrives at work and leaves each day |
| commission | an amount paid based on a percentage of the employee’s sales |
| piece rate | employee is paid a specific amount for each item the employee produces |
| overtime | one and a half times the employee’s regular hourly pay rate |
| deduction | an amount subtracted from gross earnings |
| withholding allowance | reduces the amount of income tax to be withheld |
| payroll register | summarizes employees’ earnings for each pay period |
| net pay | amount left after total deductions are subtracted from gross earnings |
| direct deposit | net pay is electronically deposited in the employee’s bank account |
| Employee’s earnings record | a record of all payroll information for an employee |
| accumulated earnings | the employees year-to-date gross earnings |
