Certain employees are exempt from federal overtime provisions.

Answer the following statement true (T) or false (F)


True

Business

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At a meeting of employees, Fuel Injection Design & Manufacturing, Inc's managers announce the creation of a new company-wide code of ethical conduct and the initiation of an ad campaign to publicize the new code. They also say that any employees who do not adhere to the code will be discharged. The effectiveness of this code will be determined by? A)?the commitment of company leadership to

enforcing the code. B)the extent to which the employees comply with the code.? C)a marketing campaign posted online to tout the firm's ethical tone.? D)?management directing employees to "do as we say, not as we do."

Business

Major sources of secured credit include commercial banks, finance companies, and factors

Indicate whether the statement is true or false

Business

Which of the following statements regarding qualified tuition programs is incorrect?

A) Distributions from income earned by a qualified tuition program are tax-free if used for qualified higher education expenses. B) Distributions of income are taxed to the donor if the proceeds are not used for higher education expenses. C) A qualified tuition program may be established by parents or grandparents. D) Contributions to a qualified tuition program are distributed tax-free.

Business

An FRA differs from an interest rate swap in which of the following ways?

a. An FRA has more credit risk b. FRAs are federally regulated c. Traditionally the payment in an FRA is delayed d. FRAs are used only by banks and swaps are used only by corporations e. none of the above

Business