There is a line in my PAK study manual that states
"When calculating GSP and GLP, you incorporate an expense factor but not in the 7-pay calculation".
I am confused because isn't the 7 pay calculation GSP/ax:7? (under option 1) So what does it mean that it is not included?
"When calculating GSP and GLP, you incorporate an expense factor but not in the 7-pay calculation".
I am confused because isn't the 7 pay calculation GSP/ax:7? (under option 1) So what does it mean that it is not included?
incorporating expense factor for 7-pay calculation
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