Future Business Leaders of America (FBLA) Agribusiness Practice Test

How often is payment made in a bi-weekly pay schedule?

1. Once a week

2. Twice each month

3. Every two weeks

4. Once a year

The correct answer is: Every two weeks

In a bi-weekly pay schedule, payment is made every two weeks. This means that employees receive their paychecks 26 times a year, as there are 52 weeks in a year. This schedule is commonly used by many employers because it provides a predictable pattern of pay. Employees can plan their finances with the knowledge that they will receive payment on a consistent bi-weekly basis. Other options do not accurately reflect the definition of a bi-weekly pay schedule. For instance, receiving payment once a week would mean the schedule is weekly, not bi-weekly. Getting paid twice a month would typically refer to a semi-monthly schedule, which differs from bi-weekly since it can result in varying pay periods depending on the month. Lastly, annual payments would imply a yearly compensation, which is not a characteristic of a bi-weekly schedule. Therefore, the correct understanding of a bi-weekly pay schedule is that payments are made every two weeks.