| A | B |
|---|
| accumulated earnings | The year-to-date gross earnings of an employee are called _____________. |
| commission | An amount paid to an employee based on a percentage of the employee's sales is a(n) _____. |
| deduction | An amount subtracted from an employee's gross earnings is a(n) _____. |
| direct deposit | The empolyer's deposit of net pay in an employee's personal bank account is known as ____. |
| gross earnings | The total amount earned by an employee in a pay period is called ____. |
| net pay | The ____ is the amount of money left after all deductions are subtracted from the gross earnings paid to an employee. |
| overtime rate | The ____ is 1 1/2 times an employee's regular hourly rate of pay and is paid for all hours worked over 40 per work week. |
| pay period | The ____ is the amount of time for which an employee is paid. |
| payroll | A(n) ____is a list of the employees of a business and the payments due to each employee for a specific pay period. |
| payroll clerk | The person who is responsible for preparing the payroll is called a(n) ____. |
| payroll register | The ____ is a form that summarizes information about employees' earnings for each pay period. |
| salary | A fixed amount of money paid to an employee for each pay period is a(n) ____. |
| time card | A record of the arrival time, departure time, and total number of hours worked each day for an employee is kept on a(n) ____. |
| wage | A(n) ____ is an amount of money paid to an employee at a specific rate per hour worked. |
| 401(k) plan | A voluntary payroll deduction that allows employees to defer paying taxes until retirement is called a(n) ____. |
