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If activity-based costing is used, set-ups would be classified as a
Quarterly
Pertaining to or occurring every three months.
Gross Earnings
The total income earned by an individual or organization before any deductions or taxes are subtracted.
Total Deductions
The sum of all amounts subtracted from an individual's gross income for taxes, benefits, and other expenses.
Net Earnings
The amount of income left after deducting taxes, benefits, and other expenses from gross earnings; often referred to as take-home pay.
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