BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An amount subtracted from gross pay is a(n)
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exemption
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deduction
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employee benefit
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net pay
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Explanation:
Detailed explanation-1: -Net salary is the gross salary minus deductions such as professional tax, pension, income tax, etc., while gross is inclusive of all benefits such as medical allowance, conveyance, house rent allowance, etc.
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