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Which statement describes the term salary?Select one of the options below as your answer: A. Salary refers to the fixed amount paid on a daily basis. B. Salary refers to the varying amount paid on a daily basis. C. Salary refers to the fixed amount paid on a weekly, bi-weekly, or monthly basis.

Deborah Edwards

in Business

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Jennifer Patterson on July 8, 2018

A salary is best described as a fixed amount of income that is paid to an individual on a weekly, bi-weekly, or monthly. A salary can also be described as the annual earnings paid more than a year. For example, if a person earned $10 per hour and worked 8 hours a day and 5 days a week, your weekly salary is $400.


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