Match the terms to its statements.
Getting a salary of [tex]$80,000
per year
Employee compensation
that is based on the
number of hours worked
multiplied by an hourly rate
of pay
Employee compensation
quoted on an annual basis
Getting a pay of $[/tex]18 an
hour
1. Salary
2. Wages



Answer :

Sure, let's carefully match each statement with its appropriate term.

1. Getting a salary of [tex]$80,000 per year - This statement describes a fixed annual income. - The term for a fixed annual income is "Salary". - Thus, the match is: 1. Salary 2. Employee compensation that is based on the number of hours worked multiplied by an hourly rate of pay - This statement describes a pay structure where the total compensation depends on the hours worked and the hourly rate. - The term for this type of compensation is "Wages". - Thus, the match is: 2. Wages 3. Employee compensation quoted on an annual basis - Similar to the first statement, this refers to an annual amount of money that is fixed as income. - The term for this is also "Salary". - Thus, the match is: 1. Salary 4. Getting a pay of $[/tex]18 an hour
- This statement specifies an hourly rate of pay, implying that the total pay can vary based on hours worked.
- The term for hourly pay is "Wages".
- Thus, the match is: 2. Wages

Now let's compile these matches into a clear list:

- Getting a salary of [tex]$80,000 per year: 1. Salary - Employee compensation that is based on the number of hours worked multiplied by an hourly rate of pay: 2. Wages - Employee compensation quoted on an annual basis: 1. Salary - Getting a pay of $[/tex]18 an hour: 2. Wages

This provides a clear understanding of how each statement corresponds to either "Salary" or "Wages" based on their descriptions.