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inn [45]
3 years ago
15

Which is an example of a withholding you might see on your pay stub?

Business
2 answers:
Jobisdone [24]3 years ago
6 0

The correct answer is C. This implies that <u>both a and b</u> are correct. Health insurance and retirement savings are examples of withholding you might see on your pay stub

It is very common today to have withholding on the employee pay stub. A pay stub by definition is a document that indicates or shows what employees earn whenever a salary is paid.

<h2>Further Explanation</h2>

The pay stub is a typical document that reveals all the important information about an employee's salary. Some of the information that a pay stub contains include

  • The time the employee salary was paid
  • It shows if there is any reduction in the salary
  • It also provides details about revenue at the time the salary was paid.

Employees need to keep their pay stub for reference, particularly to address any matter including illegal salary reduction. A pay stub can also contain some withholdings deducted from your gross salary.

Some of the common withholdings are:

  • Saving plan
  • Medical insurance
  • Retirement saving plans
  • Tax withholdings
  • Deductions that employees agreed to on their salaries

However, some of the examples of pay stub withholding include

  1. Insurance policies
  2. Social security tax
  3. Medicare tax
  4. Federal income tax

The federal insurance contribution acts (FICA) is the acts that manage the payment of social security tax and Medicare tax.

LEARN MORE:

  • Which is an example of a withholding you might see on your pay stub brainly.com/question/7286610
  • Whats the diffrence between health insurance and insurance brainly.com/question/12744362

KEYWORDS:

  • withholding
  • Health Insurance
  • Retirement Savings
  • pay stub
  • Medicare tax
coldgirl [10]3 years ago
3 0
A withholding you might see on your pay stub can include a retirement savings or a health insurance payment. Therefore, the answer would be C because the correct answers are both A and B. It is common for many to have a 401K or 403-B in which your employer will withhold some of your paycheck to deposit into your retirement accounts.
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Answer:

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Explanation:

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Answer:

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Explanation:

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Basically, an inventory can be classified into three (3) main categories and these are; finished goods, work in progress, and raw materials.

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Generally, the three (3) main cost concept associated with an inventory include;

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2. Last In First Out (LIFO).

3. Weighted average cost.

In Financial accounting, direct cost can be defined as any expense which can easily be connected to a specific cost object such as a department, project or product. Some examples of direct costs are cost of raw materials, machineries or equipments.

On the other hand, any cost associated with the running, operations and maintenance of a company refers to indirect costs. Some examples of indirect costs are utility bill, office accessories, diesel etc.

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6 0
2 years ago
Main purpose or taxes is to
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