Pay (Junior Cert Business Studies): Quizzes
📚Quizzes
Practise the questions
12 questions from this quiz
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Practise the questions
12 questions from this quiz
What is the main difference between a wage and a salary?
What is the main difference between a wage and a salary?
Wage is based on hours, salary is fixed
What is a payslip?
What is a payslip?
A document breaking down pay calculation
Are employers legally required to provide payslips?
Are employers legally required to provide payslips?
Yes, with every payment
When do Irish employees receive their PPSN?
When do Irish employees receive their PPSN?
When they are born
What is gross pay?
What is gross pay?
Total earned before deductions
How is net pay calculated?
How is net pay calculated?
Gross pay - deductions
Which are statutory deductions that every employee must pay?
Which are statutory deductions that every employee must pay?
PAYE, PRSI, USC
What does PAYE stand for and what is it?
What does PAYE stand for and what is it?
Pay As You Earn - income tax
Can non-statutory deductions be adjusted or cancelled?
Can non-statutory deductions be adjusted or cancelled?
Yes, if circumstances change
If gross pay is €1,500 and deductions are €438, what is net pay?
If gross pay is €1,500 and deductions are €438, what is net pay?
€1,062
Why is it important to keep your payslips safe?
Why is it important to keep your payslips safe?
As proof of income and for tax records
What should you do if you spot an error on your payslip?
What should you do if you spot an error on your payslip?
Contact HR immediately