Gross and Net Earnings

Net Earnings can be greater than gross earnings.

• True

• False

Gross Earning is sometimes greater than net income.

• True

• False

Gross + Net earning is equal to total deductions.

• True

• False

Gross earning is the take-home pay of an employee.

• True

• False

Net income is the total amount that an employee earns and the Gross income is his actual take-home pay after expenses and allowable deductions are taken.

• True

• False

If D = 2,122.00 and N = 17,517.29, what is the value of E?

• 19,639.29

• 19,739.29

• 19,649.29

• 20,639.29

If E = 72,130.22 and D = 28,875.21, what is the value of N?

• 16,878.16

• 19,634.28

• 38,440.34

• 43,255.01

If E = 28,091.16 and N = 11,213.00, what is the value of D?

• 16,878.16

• 19,634.28

• 38,440.34

• 43,255.01

If D = 17,122.05 and N = 21,318.29, what is the value of E?

• 16,878.16

• 19,634.28

• 38,440.34

• 43,255.01

If D = 1,423.16 and N = 18,211.12, what is the value of E?

• 16,878.16

• 19,634.28

• 38,440.34

• 43,255.01