Examination should include

Process/Skill Questions:

Suggested Learning Activities:

Finance: Calculating Payroll Deductions

Objective: Demonstrate use of payroll forms, deductions, and the method used to calculate gross pay and net pay.

Materials: 
  1. Copy for each student of Payroll Definitions
  2. Copy for each student of Employment Forms (W-4, VA-4, I-9) may be found on the Internet.
  3. Worksheet for each student, Bi-Weekly Payroll for Hourly Employees
  4. Copy for each student of Federal and State Tax Tables (to be used in calculating payroll) may be found on the Internet.
  5. Calculating Bi-Weekly Payroll for Hourly Employees---Answer Sheet
  6. Teacher notes