Question

Amounts of salary held out of payroll checks, for the purpose of paying Government taxes or for employees, refers to:

A) Deductions
B) Gross pay
C) Net pay
D) Overtime pay

Answer 1

Deductions from an employee's wages for the purpose of paying government taxes or for employees refers to Deductions. These deductions are taxes that employers are required to withhold from employees' wages.

Step-by-step explanation:

Deductions from an employee's wages for the purpose of paying government taxes or for employees are known as Deductions. These deductions are taxes that employers are required to withhold from employees' wages and are directly related to employing a worker. They often cover income tax, social security contributions, and various insurances.