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gulaghasi [49]
2 years ago
11

Assume you are participating in your employer's direct deposit program. On payday, the employer deposits your ________ into you

bank account.
Business
2 answers:
Bogdan [553]2 years ago
8 0
Revised and detailed edition.

A direct deposit program is a program that allows for the automatic deposit of your net earnings into the bank of your choice, so with this in mind one may deduce that your paycheck was deposited into your account. nowhere in this phrasing was it stated that you are the boss/owner so you are not depositing the net earnings (which is the total value of a business's income minus cost of goods, expenses, and taxes for an accounting period.) and the purpose of a direct deposit is essentially to cut out handing you a paycheck and having you go down to your bank and cashing/depositing it into your account. once again this leads me to believe the answer is PAYCHECK. If my reasoning is off, or not detailed enough please leave a comment and to the best of my abilities i will converse and elaborate with you in more lucid terms and further detail.
sp2606 [1]2 years ago
4 0
On payday, the employer deposit your NET PAY into your account.
The direct deposit program is a program which allow the employers to pay their employees salaries directly into their account on the pay day of every month. Employers usually liaised with banks to carry out this program. So, on every pay day, money is directly deposited into the employees bank accounts and they can cash it wherever they are.
Net pay refers to salary minus necessary deductions.
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