Chapters 6 & 7 Flashcards
1
Q
a standard workweek is ___ hours in a 5 day period of 8 hours each day
A
40
2
Q
amounts, bot required and optional, subtracted from gross pay
A
deductions
3
Q
when deductions are subtracted from gross pay, this is what is left
A
net pay
4
Q
profit sharing is a way to encourage employees to do more and better work, and is known as _____ ______
A
incentive pay
5
Q
a group of people working in the same or similar occupations, organized for the benefit of all, is a _____
A
labor union
