the importance of being accurate copyright © texas education agency, 2012. all rights reserved

The Importance of Being Accurate

Copyright © Texas Education Agency, 2012. All rights reserved.

2

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Copyright © Texas Education Agency, 2012. All rights reserved.

How many differences can you spot?

3Copyright © Texas Education Agency, 2012. All rights reserved.

DiscoverySee if you can find a video tutorial for

any of the following:

◦ How to Not Make Mistakes◦ How to Not Pay Taxes

◦ How to Get Better at Not Making Mistakes

◦ How to Keep People From Making Mistakes

Copyright © Texas Education Agency, 2012. All rights reserved. 4

Need to Know TermsAccurateRecording

InformationReporting

InformationCalculateHours WorkedHourly RateSocial Security

Social Security TaxFederal TaxState TaxMedicare Medicare TaxDeductionsWithholdings Gross PayNet Pay


Introduction-Purpose of Assignment

SWBAT (Student Will Be Able To)

Identify reasons for the importance of being accurate in recording information

Identify reasons for the importance of being accurate in reporting information

Identify reasons for the importance of being accurate in calculating, recording,

and reporting gross pay and net pay Calculate gross pay and net pay


Guided/Independent Practice 1

Building accuracy with words…http://www.businesswriting.com/tests/commonmisspelled.html

Building accuracy with numbers…http://www.10keytest.com/


Guided/Independent Practice 1 Assessment

After taking the two tests, reflect and answer the following:

What factors helped you become more accurate each time you took the test(s)?

What factors do you think kept you from being accurate the first time?

Why is being accurate important?


Guided/Independent Practice 2Calculating Gross Pay and Net Pay

Based on the following table of information use your calculators (handheld or on computer) to calculate how much money each employee will get to take home.

Hours Worke

d

Hourly Rate

Gross

Pay

Tax 1

Tax 2

Net Pay

1 20 $8.00

2 15 $7.65

3 38 $9.20

4 24 $8.05

5 12 $10.75

Tax 1=8.25% Tax 2=10%


SummaryCan you identify reasons for

being accurate in recording information?

Can you identify reasons for being accurate in reporting information?

Can you identify reasons for being accurate in calculating, recording, and reporting gross and net pay?

Can you calculate gross pay and net pay?


the importance of being accurate copyright © texas education agency, 2012. all rights reserved

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