if a company advertises a job starting at $46,000 per year, what is this amount?\na. it is the gross amount…

if a company advertises a job starting at $46,000 per year, what is this amount?\na. it is the gross amount minus social security contributions.\nb. it is the gross amount before taxes and benefits are taken out.\nc. it is the gross amount minus federal income tax.\nd. it is the amount that the employee takes home.

if a company advertises a job starting at $46,000 per year, what is this amount?\na. it is the gross amount minus social security contributions.\nb. it is the gross amount before taxes and benefits are taken out.\nc. it is the gross amount minus federal income tax.\nd. it is the amount that the employee takes home.

Answer

Brief Explanations:

When a company advertises a starting - salary like $46,000 per year, it is the gross amount before any deductions such as taxes (federal income tax, Social Security contributions) and benefits are taken out. The amount an employee takes home is the net amount after all deductions.

Answer:

B. It is the gross amount before taxes and benefits are taken out.