Math 12 Final Exam Review – Chapter 1 Complete
Study Guide 2026
The total amount that an employee is paid - ANSWER ✔✨---Gross Pay
A single number used to represent a group of numbers - ANSWER ✔✨---Average Pay
Time worked beyond the regular working day or week - ANSWER ✔✨---Overtime Pay
Pay that is one and a half times the regular pay rate - ANSWER ✔✨---Time-and-a-half Pay
Pay that is twice the regular pay - ANSWER ✔✨---Double-Time pay
A payment amount to a salesperson that may be an amount for each item sold or it may be a percent of
the dollar value of sales - ANSWER ✔✨---Commission
A pay system in which commission is the only pay; there is no other wage or salary - ANSWER ✔✨-
--Straight Commission
A pay system in which the rate of commission increases as the base increases - ANSWER ✔✨---
Graduated Commission
Study Guide 2026
The total amount that an employee is paid - ANSWER ✔✨---Gross Pay
A single number used to represent a group of numbers - ANSWER ✔✨---Average Pay
Time worked beyond the regular working day or week - ANSWER ✔✨---Overtime Pay
Pay that is one and a half times the regular pay rate - ANSWER ✔✨---Time-and-a-half Pay
Pay that is twice the regular pay - ANSWER ✔✨---Double-Time pay
A payment amount to a salesperson that may be an amount for each item sold or it may be a percent of
the dollar value of sales - ANSWER ✔✨---Commission
A pay system in which commission is the only pay; there is no other wage or salary - ANSWER ✔✨-
--Straight Commission
A pay system in which the rate of commission increases as the base increases - ANSWER ✔✨---
Graduated Commission
