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36 Multiple Choice 1 Point Which of the Following Statements Explains What Gross and Net Pay Are on a Paystub from Your Employer? Gross

Soru

36 Multiple Choice 1 point Which of the following statements explains what gross and net pay are on a paystub from your employer? Gross payis the total wages you've earned with any taxes and contributions removed, and net pay is larger to include all your benefits Gross pay is the total wages you've earned for the pay period.and net pay is smaller because taxes have been removed Gross pay is the total wages you've earned and net pay is the total amount in taxes you've paid Gross pay is the total wages for just this pay period, and net pay is total wages for the entire year to date

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Elif
Uzman doğrulaması
Profesyonel · 6 yıl öğretmeni

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B

Daha Fazla

## Step 1Gross pay refers to the total amount of money an employee earns before any deductions are made. This includes all forms of income, such as hourly wages, overtime pay, bonuses, and other forms of compensation.## Step 2Net pay, on the other hand, is the amount of money an employee takes home after all deductions have been subtracted from the gross pay. These deductions can include taxes, social security contributions, and other mandatory or voluntary deductions.## Step 3By comparing the definitions of gross pay and net pay, we can see that the correct answer is the one that accurately describes this relationship.