Examlex
Select the correct name for the following compound.
Net Pay
The total income of an employee following the subtraction of all deductions, including taxes and retirement fund contributions.
Gross Earnings
The total amount of money earned by an individual or a company before any deductions such as taxes, benefits, or other expenses.
FICA-OASDI
FICA-OASDI is the Federal Insurance Contributions Act for Old-Age, Survivors, and Disability Insurance, a payroll tax funding Social Security and Medicare in the United States.
Taxable Earnings
The portion of an individual's or company's income that is subject to taxes by federal, state, or local governments.
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