QUESTION IMAGE
Question
question 1-10
the total amount of earnings made each month, after all deductions have been taken out is known as
○ gross annual income.
○ gross monthly income.
○ net annual income.
○ net monthly income.
Brief Explanations
- Gross income is total earnings before deductions, so "Gross Annual Income" and "Gross Monthly Income" are incorrect.
- "Net Annual Income" refers to yearly earnings after deductions, while the question specifies monthly earnings after deductions, so "Net Monthly Income" is the correct term.
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D. Net Monthly Income