1. About how frequently does Hope receive a paycheck? (hint: look at the pay period to count how many days are in the pay period) 1pt* Weekly Daily Every two weeks Monthly 2. Explain your answer to #1 - how did you figure out how frequently she receives a paycheck? 2pts* 3. Assuming that Hope receives a paycheck at regular intervals similar to the stub shown, how many pay periods (or paychecks) has Hope had year-to-date (YTD)? (hint: figure out how many times she has received a paycheck starting from Jan 1st) 1pt* 2 3 8 9 4. Explain your answer to #3 - how did you figure out how many times she received a pay check since the beginning of the YTD? 2pts* Your answer 5. Which statement below accurately describes Hope's gross wages? 1pt* Gross wages are calculated by subtracting all of Hope's deductions from her gross income Gross wages are Hope's fixed salary, which she receives for every pay period Gross wages are calculated by multiplying Hope's hourly rate by the number of hours she worked Gross wages are how much Hope has earned over the course of the entire year 6. How much is Hope's current gross wages for this pay stub? 2pts* Your answer 7. What was the largest deduction for this pay period? 1pt* Federal Tax FICA Social Security Tax FICA Medicare Tax NC State Tax 8. How much is the largest deduction for this pay period? 2pts* Your answer 9. Look at the lines that say HEALTH, DENTAL, and RETIREMENT. Which statement below is accurate? 1pt* Those lines represent insurance and retirement plans that Hope funds directly from her paycheck Those lines represent taxes that Hope paid to the Federal government Those lines represent benefits that the employer is paying to Hope in addition to her wages Those lines represent taxes that Hope paid to the state government 10. Is it mandatory for Hope to pay for Health, Dental, and Retirement through her employer? Explain. 2pts* Your answer 11. Hope's contribution to her RETIREMENT plan... (hint: look at the asterisk to see what the note says about this on the paycheck stub) 1pt* is a post-tax contribution on which she pays federal income taxes is pre-tax and therefore not included in federal income taxes is a contribution to her Social Security is taxed at a rate of 15% 12. What was the TOTAL amount deducted from Hope's latest paycheck? 1pt* $600.00 $90.00 $315.21 $284.79 13. One of Hope's coworkers quits, and during the next pay period Hope works 60 hours instead of 40 to help cover the shifts. Which of Hope's deductions will definitely change as a result? (hint: think about which deduction changes and which deduction stays the same depending on how much money she earns) 1pt* Her retirement Her dental Her health Her Federal tax 14. Which of the following statements is TRUE? 1pt* Hope has had equal amounts of take home pay and deductions this year Hope has had more deductions this year than take home pay Hope's paystub only shows deductions and take home pay for this pay period, not the entire year to date Hope has had more take home pay this year than deductions 15. Hope's employer deposits her paycheck directly into her checking account. How much would her employer have deposited into Hope's checking account on the most recent payday of 5/21/20? 1pt* $40.00 $284.79 $315.21 $600.00