AW-4 form: o shows total gross wages earned for the year. determines the amount of FICA-Medicare to be withheld. O provides the number of allowances an employee has claimed. O shows total net wages earned for the year. Premiums for workers' compensation insurance may be adjusted based on actual payroll amounts at the end of the year. O True O False Workers' compensation: insures employees against losses they may incur due to injury or death while on the job. O is based on the total estimated gross payroll. O is paid for by the employer. O All of these are correct. Gross Earnings are the same as: O regular earnings only. regular earnings + overtime earnings. O net earnings. O net earnings + overtime earnings