Respuesta :
B. Gross pay is more than net pay
Gross pay is the amount of money earned before taxes and other payments are deducted
Net pay is the amount one receives after deductions and taxes have been calculated.
Gross pay is the amount of money earned before taxes and other payments are deducted
Net pay is the amount one receives after deductions and taxes have been calculated.
Answer:
b.Gross pay is more than net pay.
Explanation:
Gross pay is the summation of all the income earned before tax and other statutory deductions are made.
Net pay is the result of the deduction of taxes and other statutory deductions from the gross pay or total earnings.
The gross pay is usually more than the net pay due to the inclusion of taxes such as withholding tax, income tax etc.
Where the income earned is non taxable and there are no deductions, only then can the gross pay be the same as the net pay.
Therefore, the right option is b.Gross pay is more than net pay.