For the employee,net pay is equal to gross earnings minus:
A) Federal income tax withholdings
B) payroll deductions
C) Social Security withholdings
D) medical insurance premiums

Question

Quizplus · Accepted Answer

Net pay is the amount of money an employee takes home after subtracting all payroll deductions, such as federal income tax withholdings, Social Security withholdings, and medical insurance premiums from their gross earnings. Therefore, option B is the best choice because it represents all payroll deductions.

For the Employee,net Pay Is Equal to Gross Earnings Minus