Net pay equals:
A)gross pay less all deductions.
B)regular earnings + overtime earnings.
C)Gross earnings.
D)net earnings + overtime earnings greater than the amount withheld from the employee.

Question

Quizplus · Accepted Answer

Net pay is calculated as the gross pay minus all deductions, such as taxes, Social Security, and health insurance premiums. Therefore, option A is the correct choice. Option B refers to the components of gross pay, while option C is simply the total amount of earnings before deductions are taken out. Option D is not accurate, as overtime earnings are also subject to deductions.

Net Pay Equals