Answers SHS Alt Personal Finance - 2021 Employee BenefitsQuestion 15

15

QuizMultiple Choice

Employee Benefits

Question 15 • SHS Alt Personal Finance - 2021

Which of the following employees has the largest gross pay?

Answer

A

Employee A: Total employee benefits $1,500 Total job benefits $49,800

B

Employee B: Total employee benefits $1,050 Total job benefits $51,200

C

Employee C: Total employee benefits $1,000 Total job benefits $51,900

D

Employee D: Total employee benefits $3,000 Total job benefits $52,300

Explanation

Gross pay is the total job benefits minus total employee benefits. Employee C’s gross pay is $51,900 − $1,000 = $50,900, which is greater than the other employees’ gross pay; therefore, Employee C has the largest gross pay.

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