Leon, Mia, Nestor, and Orina are employees of different-sized employers in different industries. Under the Fair Labor Standards Act, all employees in covered industries must be paid per hour?
A) a minimum wage

B) a minimum wage.
C) overtime pay.
D) the same amount.


A

Business

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Which of the following will not affect retained earnings?

a. Declaration of a stock dividend b. Payment of a cash dividend previously disclosed c. Adjustment for an error of a prior period d. Net income e. Net loss

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Which of the following activities would most likely not be associated with the "no customer contact" level of a service?

a. Accounting/bookkeeping b. Receipt of customer payment at a cash register c. Employee training d. Preparation of customer invoices

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What advice should you follow when preparing a table of contents?

A) Avoid leaders (spaced dots) on a table of contents to avoid confusing the reader. B) Include only the front matter components and the main body headings and subheadings. C) Center all major headings. D) Title the page Contents or Table of Contents.

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Hiring an unpaid intern is considered illegal if:

a. the employer provides a minimum wage and overtime pay. b. the internship is solely for the benefit of the intern’s education. c. the employer benefits from the arrangement. d. the intern receives academic credit from an educational institution.

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