set 3 : Flashcards

1
Q

amount an employee receives before any deductions or adjustments

A

Gross Compensation Income

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2
Q

deductions from gross compensation income (1)

A
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3
Q

deductions from gross compensation income (1)

A

premiums contributed (employee’s share) to these government agencies
SSS / GSIS
PHIC
HDMF / Pag-Ibig

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4
Q

deductions from gross compensation income (3)

A
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