Which Are Steps in the Net Pay Computation Process? (You

question 19

Multiple Choice

Which are steps in the net pay computation process? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)

• A)Compute taxes to be withheld.
• B)Report fringe benefit balances.
• C)Compute gross pay.
• D)Update employee records.

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Definitions:

Gold

A precious metal used historically as a store of value, for investment, and in various industrial and technological applications.

Ethanol

A volatile, flammable, colorless liquid alcohol used as a fuel additive and in alcoholic beverages.

Government

The organization or system through which a community, state, or nation is governed and regulatory policies are implemented.

Subsidizes

Financial aid supplied by the government to an industry or business so that the price of a commodity or service may remain low or competitive.