An Employee Has Gross Earnings of $1,200 with Withholdings of 6.2

question 37

Multiple Choice

An employee has gross earnings of $1,200 with withholdings of 6.2% FICA-OASDI,1.45% FICA-Medicare,$50 for federal income tax and $10 for state income tax.How much is the net pay?

• A)$900.00
• B)$781.15
• C)$1,048.20
• D)$791.15

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Definitions:

Associationism

A theory in psychology that states mental processes operate by the association of one mental state with its successors.

Free Will

denotes the philosophical and psychological concept of individuals' capacity to choose or make decisions independently, free from external constraints or predetermined destinies.

Self-Actualization

The fruition or fulfillment of a person's gifts and capabilities, recognized as an inherent impulse or demand in each individual.

Situational Factor

A variable that influences an individual's behavior or decision-making process, depending on the current situation or environment.