An Employee Receives a Bi-Weekly Gross Salary of $2,000

question 93

Multiple Choice

An employee receives a bi-weekly gross salary of $2,000. Income tax is $218, CPP is $99, EI is $36, and union dues are $50. What is the amount of the employee's take home pay (net pay) on a bi- weekly basis?

• A) $1,597
• B) $1,732
• C) $1,782
• D) $2,000

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Definitions:

Churn

The number of consumers who stop using a product or service, divided by the average number of consumers of that product or service.

Service Discontinue

The process of ending a service or product being offered to customers.

Secondary Data

Information that has been previously collected for another purpose but can be used for the analysis of a new question or issue.

Census Bureau

A national agency responsible for collecting, analyzing, and publishing statistical data about the population, economy, and society of a country.