This is also known as the take-home pay of the employees. Net Earnings true Gross Earnings false Withholding Tax false Standard deductions false Single What does the acronym SSS stand for? Society Security System false Social Secured System false Social Security System true Social Security Systemized false Single These are computed after deducting the standard deductions from gross earnings. Standard deductions false Net Earnings true Gross Earnings false Withholding Tax false Single It is the fixed, regular amount that an employer pays to an employee. Wage false Salary true Income false Dividend false Single What does the acronym HDMF stand for? Home Development Mutual Fund true House Development Mutual Fund false Home Developmental Mutual Fund false Home Development Mutual Friend false Single It is the deduction from an employee’s salary which applies to both private and government employees. The value added is referred to as the Premium Rate. SSS false HDMF false PAG-IBIG false PhilHealth true Single It is the deduction from an employee’s salary that goes to the government. SSS false PhilHealth false Withholding tax true GSIS false Single What is the daily rate of an employee with 60,000 salary per month, given that Saturdays and Sundays are rest days? 1,972.50 false 1,972.60 true 1,872.60 false 1,872.50 false Single To get the Net Earnings, total deductions are deducted from the _______________. Withholding Tax false Premium Pay false Holiday Pay false Gross Pay true Single A minimum wage earner is paid on a fixed rate called the __________________________. Statutory minimum wage true Fixed wage false Fixed salary false Minimum wage false Single