24. which of the following impacts net income directly? a. total amount of deductions b. gross pay increase…
24. which of the following impacts net income directly? a. total amount of deductions b. gross pay increase c. number of hours worked d. job title change
Answer
Brief Explanations:
Net income is calculated as gross income minus deductions. A change in deductions directly affects this calculation. A gross - pay increase may affect net income indirectly through possible changes in deductions based on a new income level. The number of hours worked affects gross pay first and then net income indirectly. A job - title change may or may not affect income and deductions and thus has an indirect or no impact on net income.
Answer:
A. Total amount of deductions