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Gross and Net Earnings

Total questions: 10

Worksheet time: 8mins

Name
Class
Date
1.

Net Earnings can be greater than gross earnings.

a)

True

b)

False

2.

Gross Earning is sometimes greater than net income.

a)

True

b)

False

3.

Gross + Net earning is equal to total deductions.

a)

True

b)

False

4.

Gross earning is the take-home pay of an employee.

a)

True

b)

False

5.

Net income is the total amount that an employee earns and the Gross income is his actual take-home pay after expenses and allowable deductions are taken.

a)

True

b)

False

6.

If D = 2,122.00 and N = 17,517.29, what is the value of E?

a)

19,639.29

b)

19,739.29

c)

19,649.29

d)

20,639.29

7.

If E = 72,130.22 and D = 28,875.21, what is the value of N?

a)

16,878.16

b)

19,634.28

c)

38,440.34

d)

43,255.01

8.

If E = 28,091.16 and N = 11,213.00, what is the value of D?

a)

16,878.16

b)

19,634.28

c)

38,440.34

d)

43,255.01

9.

If D = 17,122.05 and N = 21,318.29, what is the value of E?

a)

16,878.16

b)

19,634.28

c)

38,440.34

d)

43,255.01

10.

If D = 1,423.16 and N = 18,211.12, what is the value of E?

a)

16,878.16

b)

19,634.28

c)

38,440.34

d)

43,255.01