Gross earnings are also referred to as:
A) the amount earned before deductions
B) take-home pay
C) gross margin
D) gross profit

Question

Quizplus · Accepted Answer

Gross earnings refer to the amount earned before any deductions, such as taxes or social security. This is different from take-home pay, which is the amount of money a person actually receives after deductions are made. Gross margin and gross profit are terms typically used in business and finance to refer to the difference between the cost of goods sold and revenue.

Gross Earnings Are Also Referred to As