Answer to Question #300317 in Financial Math for Anthonette

Question

Write true if the statement is true

Write false if the statement is false

1.the amount of an employees gross earnings is the total amount that he or she earns in a specific period.

2.the net earnings of an employee are the sun of his or her gross earnings and the total deductions.

3.the minimum wage in a certain region refers to the latest amount that a worker in that region should receive in exchange for a rendered service.

4.a seperation pay must be given to an employee who was dismissed from a company due to a crime that the employee committed.

5.a night shift differential refers to the additional compensation a wage earner receives for working between 9pm to 6 am.

6.a maternity leave benefit is given to all married employees who sre pregnant.

7.a holiday pay refers to the additional compensation required by law for work performed within 8 hours on nonworking regular days.

.

.

Answer 1

1. The amount of an employee’s gross earnings is the total amount that he or she earns in a specific period. 

True

2. The net earnings of an employee are the sun of his or her gross earnings and the total deductions.

True

3. The minimum wage in a certain region refers to the latest amount that a worker in that region should receive in exchange for a rendered service.

False

4. A separation pay must be given to an employee who was dismissed from a company due to a crime that the employee committed.

False

5. A night shift differential refers to the additional compensation a wage earner receives for working between 9pm to 6 am.

True 

6. A maternity leave benefit is given to all married employees who are pregnant.

False

7. A holiday pay refers to the additional compensation required by law for work performed within 8 hours on nonworking regular days. 

False