Match the Following Terms with Their Definitions

question 16

Multiple Choice

Match the following terms with their definitions.
-Semimonthly

• A)May be used in calculating Social Security and Medicare
• B)Pay rate based on schedule of units completed
• C)Income tax
• D)Minimum wage standard
• E)Alternative method to percentage method
• F)52 times a year
• G)Aids in determining amount of FIT withheld
• H)26 times a year
• I)Method to calculate FIT
• J)24 times a year
• K)Different levels result in different commission scales
• L)Wages subject to tax
• M)Commission to manager
• N)Broken down into Social Security and Medicare
• O)Wages before deductions
• P)Gross pay minus deductions
• Q)Aids unemployment program
• R)Wages based on percent of the value of goods sold
• S)Affected by company's employment record

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Definitions:

Occupy Wall Street

A social movement that began in 2011, aimed at highlighting economic inequality and the influence of corporate money in U.S. politics.

Labour Legislation

Laws and regulations governing the rights and duties of workers, employers, and trade unions, aimed at establishing fair workplaces.

Pay Equity

A principle that emphasizes equal salary for jobs of equal value within an organization, aiming to eliminate discrimination based on gender, race, or other unrelated job performance factors.

Executive Bonuses

Additional compensation given to executives, often tied to performance metrics, company profitability, or achievement of specific targets.