11. IDENTIFICATION. Identify what is being asked on each sentences below. Write your answer on the space
provided before each number
1. It refers to the earnings received by worker on a piece rate, hourly rate, or daily rate
2. An employee compensation given by an employer on top of the basic salary/wage.
3. It is the difference between employee's gross income and deductions.
4. A compensation usually quoted annually or monthly for an employee.
5. It refers to the compensation that an individual receives in exchange for providing a
good/service or through investing capital.​