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1. What do you call a type of commission where a person is paid a percentage of his/her sales only?

A. Straight commission
B. Commission rate
C. Commission
D. Salary Plus Commission

2. A salesman agreed to have a monthly basic pay of ₱12,000 plus a commission of 8% on all sales above ₱75,000. How much is his take home pay in a month where his total sales amounted to ₱120,000?

A. ₱ 3,600
B. ₱ 12,000
C. ₱ 15,600
D. ₱ 16,500

3. John is earning a commission of 3% on all his sales other than his basic salary of ₱ 10,000. How Much is his take home pay in a month where his sales amount to ₱ 75,000?

A. ₱ 10,000.00
B. ₱ 12,250.00
C. ₱ 25,120.00
D. ₱ 75,000.00

4. What do you call a type of commission where the percentage changes based on how much someone sells?

A. Straight commission
B. Commission rate
C. Salary Plus Commission
D. Graduated Commission

5. What do call a type of commission where a person gets paid a salary and a percentage of his/her sales?

A. Straight commission
B. Commission rate
C. Salary Plus Commission
D. Graduated Commission

6. It is a fixed amount usually associated with employee compensation usually received on a monthly or semi-monthly basis, but it may be quoted in an annual sum.

A. salary
B. wage
C. income
D. benefit

7. It is usually associated with employee compensation that is based on the number of hours worked multiplied by an hourly rate of pay.

A. salary
B. wage
C. income
D. benefit

8. Julie earns ₱8,500 a week. How much will she receive each pay day if she is being paid bi-weekly?

A. ₱8,500
B. ₱17,000
C. ₱34,000
D. ₱38,000

9. Maurice applies for a secretarial position in the MY Company. They offer an annual salary of ₱288,000 which will be given bi-weekly. How much will she receive every pay day if she will accept the offer?

A. ₱5,538
B. ₱11,077
C. ₱12,000
D. ₱24,000


10. It is a type of income where the payment is not directly tied to active work but usually front-loaded with active work and gets paid with small amount, while the bulk of income comes later.

A. active
B. passive
C. captive
D. abusive

Sagot :

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