The total earned wages of an employee for the payroll period is the ________.The amount of earned wages the employee takes home is _________.
A)gross pay; withholding amount
B)gross pay; net pay
C)net pay; gross pay.
D)net pay; taxes withheld amount

Question

Quizplus · Accepted Answer

The total earned wages of an employee for the payroll period is called gross pay, which includes all the wages earned before any deductions like taxes, insurance premiums, and retirement contributions. The amount of earned wages the employee takes home is called net pay, which is the amount they receive after all the deductions have been subtracted from their gross pay. Therefore, the correct answer is option B, gross pay is the total earned wages of an employee for the payroll period, and net pay is the amount of earned wages the employee takes home after deductions.

The Total Earned Wages of an Employee for the Payroll