Bruce is paid semimonthly,so he receives 24 paychecks a year.

Semimonthly

Refers to something happening twice a month or every half month, typically resulting in 24 occurrences in a year.

Paychecks

Regular payments made by employers to employees for the work they have performed, often on a weekly or bi-weekly basis.

Calculate the comprehensive and after-deduction pay utilizing prescribed salaries, wages per hour, and commission earnings.

Verified Answer

Final Answer :

True

Explanation :

Semi-monthly means twice a month, so Bruce would receive 24 paychecks in a year (12 months x 2 paychecks per month = 24 paychecks).

Learning Objectives

Calculate the comprehensive and after-deduction pay utilizing prescribed salaries, wages per hour, and commission earnings.