The Fair Labor Standards Act
A) wage provisions do not apply to professional or managerial employees
B) limits the number of hours an employer can require a person to work in any given week.
C) does not apply to children.
D) does not address payment for overtime work beyond the standard 40 hour work week.
A
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Which of the following would be considered a capital expenditure?
a. Cost to acquire a printing press b. Cost to lubricate a machine c. Cost to replace some light bulbs d. Cost to paint the factory wall
Typically, public relations professionals either work in a staff or line position
Indicate whether the statement is true or false
If a contract is executed, the parties can agree to rescind the contract
Indicate whether the statement is true or false
Long-term creditors are usually most interested in evaluating:
A. Profitability. B. Solvency. C. Liquidity. D. Managerial effectiveness.