A female is hired by an employer as an employee. During a 36-month period, the employer engages in pay act violations and underpays the female employee each pay period. According to the Lilly Ledbetter Fair Pay Act of 2009, how long does the female employee have to file her claim?
A. within three years from her initial date of hire
B. within 90 days from the initial paycheck violation
C. within 180 days from the last paycheck violation
D. within one year from the last paycheck violation
Answer: C
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The Securities and Exchange Commission requires that Subscriptions Receivable be disclosed on the financial statements filed with it as a(n)
A) current asset as long as collection is to be made within one year or the normal operating cycle, whichever is longer. B) other asset if collection is to be made beyond one year from the date of the financial statements. C) contra-accounts receivable account. D) contra-shareholders' equity account.
Changes in accounting principles generally are reported as
a. adjustments to current and/or prior period statements. b. extraordinary items. c. adjustments to current period statements only. d. adjustments to prior period statements.
Answer the following statements true (T) or false (F)
ARB 36 reduced flexibility in how the cost relating to unfunded accumulated benefits was dealt with in the income statement.
When Buffalo Bank required all customers to use its online banking services, over 20 percent of its customers closed their accounts. In this scenario, Buffalo Bank's service fell outside customers' zone of tolerance.
Answer the following statement true (T) or false (F)