QUESTION 35 Which of the following is pay over and above base salary, usually paid for exceptional performance? OA) FICA B) benefits C) wages D) bonuses QUESTION 36 Regarding gross and net pay, which of the following statements is correct? A) Gross pay minus all deductions such as income tax withheld equals net pay. B) Net pay represents the total salaries and wages expense to the employer. C) For most businesses, gross pay equals net pay. D) Employers are required to deposit net pay into the employee's bank account QUESTION 37 Regarding net pay, which of the following statements is incorrect? A) The net pay amount is not important for accounting purposes. B) The amount of compensation that the employee actually takes home is net pay. C) The employer either writes a paycheck to each employee for his or her net pay or directly deposits the employee's net pay into the employee's bank account. D) Net pay equals gross pay minus all deductions