Wages and Salaries (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 a wage?
What is a wage?
Payment based on hours worked
How do you calculate weekly wages?
How do you calculate weekly wages?
Hourly rate × hours worked
If someone earns €12/hour and works 20 hours, what is their weekly wage?
If someone earns €12/hour and works 20 hours, what is their weekly wage?
€240
What is a salary?
What is a salary?
Fixed payment at regular intervals
If an annual salary is €35,000, what is the monthly salary?
If an annual salary is €35,000, what is the monthly salary?
€2,917
What is the key difference between wages and salaries?
What is the key difference between wages and salaries?
Wages vary; salaries stay fixed
What is PayPath?
What is PayPath?
Electronic payment system via internet
How do most Irish employees receive their pay today?
How do most Irish employees receive their pay today?
Electronically through systems
Which is an advantage of electronic payment systems?
Which is an advantage of electronic payment systems?
Enhanced security - no cash lost
What is a disadvantage of electronic payment?
What is a disadvantage of electronic payment?
Employees must have bank account
What % of minimum wage must workers under 18 receive at minimum?
What % of minimum wage must workers under 18 receive at minimum?
70%
What type of income do salaries provide to employees?
What type of income do salaries provide to employees?
Predictable income