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) The net pay amount is not important for accounting purposes.
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What will be an ideal response?
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