You have been asked by the payroll manager to create a memo explaining gross pensionable/taxable income and net taxable income for the junior payroll professionals in the department. They are having difficulties distinguishing between the two. Your summary will assist them with this learning curve.

Read the scenario and enter your response. The Save and Close button will save your work and allow you to make future edits. Once you are satisfied with your response, click the Submit button. No further edits can be made once your response is submitted. The feedback screen will show the question, your response and a suggested response.