Define salaries, Basic Statistics

Assignment Help:

Define Salaries

Incomes are usually associated with "white-collar" employees such as employees in offices, supervisors, experts, and experts. Paid employees are often paid semi-monthly (e.g., on the Fifteenth and last day of the month) or bi-weekly (e.g., every other Friday) and their salaries are often mentioned as a major yearly quantity, such as "$48,000 per season." The "gross" quantity represents the pay personnel would obtain before withholdings are created for such elements as taxation, advantages to Combined Way, and economical savings programs.Since salaried employees generate a specified yearly quantity, it is likely that their major pay for each pay interval is the same persistent quantity. For example, if a manager's wage is $48,000 per season and salaries are paid semi-monthly, the manager's major pay will be $2,000 for each of the 24 pay times. (If the administrator pays bi-weekly, the major pay would be $1,846.15 for each of the 26 pay times.) A salaried worker's perform interval usually stops on payday; for example, an income on Jan 31 usually protects the perform interval of Jan 16-31. This is practical for bookkeeping requirements if the organization makes fiscal reports on a 30 days base.

Expertsmind.com offers unique accounting assignment help

 


Related Discussions:- Define salaries

QT, Following is the trend equation for a time series data on a monthly bas...

Following is the trend equation for a time series data on a monthly basis for years 2007 to 2009: Y=2.375+0.895X. Find Y for 2nd quarter of 2010.

Mean - median and frequencies, Put the appropriate summary statistics, e.g....

Put the appropriate summary statistics, e.g. mean, median, frequencies, percentages, for the different variables into a table to make them concise. You can see examples of consise

Accounting standards in word countries, Accounting Standards in word countr...

Accounting Standards in word countries: Diverse countries like Peru, Australia, Kuwait, South Africa etc. have all started adopting the IFRS. The SEC has suggested that all compan

Discrete event simulation output analysis, 1. Name several entities, attrib...

1. Name several entities, attributes, activities, events, and state variables for the following systems: (a) A cafeteria (b) A grocery store (c) A laundromat (d) A fast

Calculate the lower and upper control limits, Question: Data entry cler...

Question: Data entry clerks at ARCO key in thousands of insurance records each day.  They have just completed a new training program and want to establish a control chart based

Does the claim represent the null hypothesis or the alterna., A scientist c...

A scientist claims that the mean incubation period for the eggs of a species of birds is more than 46 days.

Capital projects funds, Capital projects funds Capital projects funds are ...

Capital projects funds Capital projects funds are used to account for the acquisition &/or structure of major capital facilities [other than those financed by proprietary funds &

Comprehending Behavior Statistics, I was recently buying shoes when the sal...

I was recently buying shoes when the salesperson commented on how large my feet were. After telling him he had lousy sales techniques, I decided to investigate if I really do have

Biostatistics, I need the following exercises done by March 19th at 11:59pm...

I need the following exercises done by March 19th at 11:59pm: 4.4, 4.6, 4.8, 4.10, 4.14, 4.18, 4.26, 4.28. On pages 198-205

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd