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Job Preparation Quiz #1

True/False
Indicate whether the sentence or statement is true or false.
 

 1. 

One advantage of a job that pays by hourly wage is that there is a possiblity of overtime, resulting in greater income.
 

 2. 

One advantage of a job that pays by annual salary is that you get a consistent income.
 

 3. 

One disadvantage of a job that pays by commission or piece work is that it rewards you for good performance.
 

 4. 

Getting paid by annual salary results in getting the same pay regardless of the hours work, which can be both an advantage and a disadvantage.
 

Numeric Response
 

 5. 

If you work an average of 40 hours per week for 50 weeks in a year making $9.00 per hour, how much do you get paid in a year? (gross income - before taxes) - do NOT the dollar symbol or a comma in your answer

 

 6. 

If you want to earn $50,000 by working 40 hours per week for 50 weeks per year, how much must you make per hour?  (gross income - before taxes) - do NOT the dollar symbol or a comma in your answer

 



 
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