Question

Payroll withholdings ______. (Select all that apply.) are amounts subtracted from employees' gross earnings to determine their net pay increase the amount of cash an employee receives are voluntary are amounts added to employees' gross earnings to determine their net pay decrease the amount of cash an employee receives

Answer 1

Answer:

Both A and E are correct.

Explanation:

Payroll withholdings ______. (Select all that apply.)

A. are amounts subtracted from employees' gross earnings to determine their net pay

B. increase the amount of cash an employee receives

C. are voluntary

D. are amounts added to employees' gross earnings to determine their net pay

E. decrease the amount of cash an employee receives

An example of a payroll withholding is federal or state taxes that go into a Social Security account for elderly people who are retired. This is money deducted from a paycheck.