Regarding Gross and Net Pay,which of the Following Statements Is

question 84

Multiple Choice

Regarding gross and net pay,which of the following statements is correct?

• A) Gross pay minus all deductions such as income tax withheld equals net pay.
• B) Net pay represents the total salaries and wages expense to the employer.
• C) For most businesses, gross pay equals net pay.
• D) Employers are required to deposit net pay into the employee's bank account.

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