An employee has gross earnings of $1,200 with withholdings of 6.2% FICA-OASDI, 1.45% FICA-Medicare, $50 for federal income tax and $10 for state income tax. How much is the net pay?

Which of the following is true about the paired-comparison method of measuring employee performance?

A. It is time consuming if a group has more than a handful of employees. B. It is also known as the alternation ranking method. C. It rates everyone favorably or near the center of the scale. D. It assigns a certain percentage of employees to each category in a set of categories. E. It requires managers to rank employees in their group from the highest performer to the poorest performer.

Private money is a unit of exchange issued by a government agency (such as a treasury department) or government-controlled financial institution (such as a central bank)

Indicate whether the statement is true or false