Figure 1.2 Using the Figure Above, Identify the Labeled Part

question 134

Short Answer

Figure 1.2

Using the figure above, identify the labeled part.
-Label BB: ______________________________

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Definitions:

Gross Earnings

The total income earned by an individual or company before deductions such as taxes and retirement contributions.

Regular Earnings

Income received from standard work hours or salary, excluding overtime or bonuses.

FICA-OASDI

Federal Insurance Contributions Act - Old Age, Survivors, and Disability Insurance, a U.S. payroll tax that funds Social Security and is shared between employers and employees.

Cumulative Earnings

The total amount of money earned by an employee since the start of employment or over a specific accounting period before deductions.