multiple - choice question\nwhat is the difference between gross and net pay?\nnet pay is before taxes and…

multiple - choice question\nwhat is the difference between gross and net pay?\nnet pay is before taxes and deductions are subtracted; gross pay is your take - home pay.\ngross pay is before taxes and deductions are subtracted; net pay is your take - home pay.\nthere is no difference between gross and net pay.\nrewatch

multiple - choice question\nwhat is the difference between gross and net pay?\nnet pay is before taxes and deductions are subtracted; gross pay is your take - home pay.\ngross pay is before taxes and deductions are subtracted; net pay is your take - home pay.\nthere is no difference between gross and net pay.\nrewatch

Answer

Brief Explanations:

Gross pay is the total amount of money an employee earns before any taxes, deductions (such as insurance premiums, retirement contributions) are taken out. Net pay is what the employee actually takes home after all these deductions are subtracted from the gross pay.

Answer:

B. Gross pay is before taxes and deductions are subtracted; net pay is your take - home pay.