Regarding net pay, which of the following statements is incorrect?

A) The net pay amount is not important for accounting purposes.
B) The amount of compensation that the employee actually takes home is net pay.
C) The employer either writes a paycheck to each employee for his or her net pay or directly deposits the employee's net pay into the employee's bank account.
D) Net pay equals gross pay minus all deductions.


A

Business

You might also like to view...

In the ______ pattern, threads of thought refer back to the speaker’s central purpose.

a. web b. deferred-thesis c. linear d. narrative

Business

Answer the following statements true (T) or false (F)

1. One of the main goals of U.S. labor relations law is to give workers the freedom to negotiate individual contracts with their employers. 2. Mandatory bargaining items include wages, hours and the terms and conditions of employment. 3. A union and employer can agree to terms that directly contradict existing legal requirements as long as they are both willing parties to the agreement. 4. Employers and unions can bargain over permissive items if they choose, but since they are outside the boundaries of the NLRA, the NLRB cannot order bargaining on these issues. 5. If a union proposes changes to a permissive bargaining issue, the employer must show a good faith effort to consider the proposal.

Business

Product classes help marketing managers understand how much market exposure will be needed in each geographic area.

Answer the following statement true (T) or false (F)

Business

Which of the following dimensions of the business environment covers the measurable characteristics of a population?

A. The economic environment B. The technological environment C. The competitive environment D. The social environment

Business