Which of the following statements is TRUE about Net Pay and Gross Pay?
a Net pay is the total amount of money you get BEFORE taxes are deducted. Gross pay is the
total amount of money you get AFTER taxes are deducted.
b Net pay is the total amount of money you get AFTER taxes are deducted. Gross pay is the
total amount of money you get BEFORE taxes are deducted.
c Net pay is a term used by employers. Gross pay is a term used by employees.
d Net pay is the total amount of money you get for a month. Gross pay is the total amount of money you get for a whole year.