Question: Which statement is wrong? 1. The gross salary includes the employers social security contribution. 2. The pay-roll tax is paid by the employer as she/he

Which statement is wrong?

1. The gross salary includes the employer’s social security contribution.

2. The pay-roll tax is paid by the employer as she/he only get paid the net salary.

3. The net salary includes pay-roll tax but not the employer’s contribution to social security.

4. The total of labour is the gross salary plus social security contribution of the company.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Practice Questions!