PDC

Key words of PDC

?
Commision
a payment to someone who sells goods which is directly related to the amount of foods sold.
1 of 15
Deductions
two types: Voluntary - It is not a tax/ National Insurance Compulsory deductions: pensions / divorce payment
2 of 15
direct debit
to organise bank account, this allows you to move money from your account into an organized account at any time
3 of 15
Employees
Different to Employers! workers on a company
4 of 15
Employers
A person or firm that a employs workers
5 of 15
Ethnic
of a national or racial group of people
6 of 15
Fees
An amount of money paid for a piece of work for a service
7 of 15
Financial guidance
someone to help you manage your money
8 of 15
Gross pay
Gross wages is the amount of pay before any deductions are made
9 of 15
Health and safety at work Art
a legal act to protect all people in a work place
10 of 15
Hire purchase
a method where a person pays a small amount of the purchase and then makes small regular payments in the future.
11 of 15
Human resource ( Personnel) dept
Keeps staff records does not keep health and safety or salaries or wages
12 of 15
Income tax
a government tax charged on what you earn from work each year
13 of 15
Investments
Put effort/money/time into something to get profit/advantage
14 of 15
Net pay
net wages the amount after deductions have been made
15 of 15

Other cards in this set

Card 2

Front

Deductions

Back

two types: Voluntary - It is not a tax/ National Insurance Compulsory deductions: pensions / divorce payment

Card 3

Front

direct debit

Back

Preview of the front of card 3

Card 4

Front

Employees

Back

Preview of the front of card 4

Card 5

Front

Employers

Back

Preview of the front of card 5
View more cards

Comments

No comments have yet been made

Similar Fun resources:

See all Fun resources »