Asked by Johnpromise ononuju on Jul 22, 2024
Verified
Gross earnings minus total deductions equal ________ earnings.
Gross Earnings
The total income earned by an individual or organization before any deductions or taxes are subtracted.
Total Deductions
The sum of all amounts subtracted from an individual's gross income for taxes, benefits, and other expenses.
Net Earnings
The amount of income left after deducting taxes, benefits, and other expenses from gross earnings; often referred to as take-home pay.
- Familiarize oneself with the essentials of payroll management, focusing on deductions, gross earnings, and net earnings.
Verified Answer
Learning Objectives
- Familiarize oneself with the essentials of payroll management, focusing on deductions, gross earnings, and net earnings.
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