Select the one term that best fits each definition.
-The payment of an employee's net pay using electronic funds transfer.
A) 401(k)
B) commission
C) direct deposit
D) electronic funds transfer
E) individual retirement account
F) Medicare tax
G) net pay
H) qualified retirement plan
I) Roth individual retirement account
J) social security tax
K) tax base
L) withholding allowance

Question

Quizplus · Accepted Answer

Direct deposit is the method by which an employee's net pay is transferred electronically from the employer's bank account to the employee's bank account.

Select the One Term That Best Fits Each Definition