Emma, Frick, Glenda, and Huey are employees of different-sized employers in different industries. Under the Fair Labor Standards Act, a minimum wage must be paid to employees in
A. all industries.
B. covered industries only.
C. no industries.
D. small-business industries only.
Answer: B
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Braverman Corporation's net income last year was $75,000 and its interest expense was $10,000. Total assets at the beginning of the year were $650,000 and total assets at the end of the year were $610,000. The corporation's income tax rate was 30%. The corporation's return on total assets for the year was closest to:
A. 13.0% B. 12.4% C. 11.9% D. 13.5%
A low operating leverage is normal for highly automated industries
Indicate whether the statement is true or false
Employers pay a fixed annual fee to a health maintenance organization to cover a majority of their employees' medical costs.
Answer the following statement true (T) or false (F)
Your office is being expanded, which is good, but the noise of construction is bothering some workers. Some complain of headaches, others of hearing problems. If you are the Safety Director for the firm, which of the following would you recommend as the best remedy?
a. the firm should supply earplugs to the office staff, and try other means to reduce noise from the construction site b. the construction firm should be ordered to work more quietly c. those who are suffering from hearing problems and headaches should go home d. all of these