Breon Works as a Clerk in the Human Resources Department

question 50

Multiple Choice

Breon works as a clerk in the human resources department for her company for which she receives an hourly rate of $9.50.Occasionally she fills in for the receptionist at the front desk and receives a $1.50 per hour differential.During a weekly pay period,she worked 35 hours in the human resources department and 5 hours at the front desk.What is Breon's gross pay for the week?

• A)$387.50
• B)$347.50
• C)$380.00
• D)$393.00

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Definitions:

1913

A year notable for several key historical events, including the ratification of the 16th Amendment to the U.S. Constitution, introducing the federal income tax.

Excess Reserves

Banks' reserves that exceed the minimum reserve requirements set by central banking authorities, indicating additional liquidity.

Actual Reserves

The total amount of funds that a bank has held in reserve, both required and excess, to meet its liabilities.

Required Reserves

Minimum vault cash or reserves; held at the Federal Reserve District Bank.