11
QuizMultiple Choice

Employment, Entrepreneurship, and Compensation

Question 11 • FL-2102373-Personal Finance and Money Management Honors

Which statement accurately compares hourly and salaried employees?

Answer
A
Only salaried employees receive a W-2 statement.
B
Only hourly employees have an assigned work schedule.
C
Both hourly and salaried employees work 40 hours per week.
D
Both hourly and salaried employees are paid by the employer.

Explanation

Hourly and salaried employees are both paid by their employer, though their pay is calculated differently: hourly employees are generally paid for hours worked, while salaried employees receive a set amount. Both may receive a W-2, and work schedules and weekly hours can vary, so the other statements are not accurate.

AI-written and checked against the verified answer.

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