Direction: Identify if the statement is True or False. Write T if it's true, otherwise, F. Write your answers on your answer sheet. 1. Overtime pay is given to those who work less than 8 hours a day. 2. Night shift differential doubles when it is an employee's rest day. 3. Overtime is required to all employees. 4. If an employee works for more than 8 hours, he is entitled for an overtime pay. 5. Daily rate can never be equal to hourly rate. 6. Adam earns more in a day if he works on his rest day which falls on a Maundy Thursday than Eve who works on Christmas day. 7. Overtime is given to those who works at night only. 8. I will always earn the most if I work overtime on my rest day which is a regular holiday compared to other overtime. 9. You will earn as much as twice of your daily salary if without considering night-shift differentials. 10. Time is money. Overtime gives over money. you work overtime for 6.4 hours

Direction: Identify if the statement is True or False. Write T if it's true, otherwise, F. Write your answers on your answer sheet. 1. Overtime pay is given to those who work less than 8 hours a day. 2. Night shift differential doubles when it is an employee's rest day. 3. Overtime is required to all employees. 4. If an employee works for more than 8 hours, he is entitled for an overtime pay. 5. Daily rate can never be equal to hourly rate. 6. Adam earns more in a day if he works on his rest day which falls on a Maundy Thursday than Eve who works on Christmas day. 7. Overtime is given to those who works at night only. 8. I will always earn the most if I work overtime on my rest day which is a regular holiday compared to other overtime. 9. You will earn as much as twice of your daily salary if without considering night-shift differentials. 10. Time is money. Overtime gives over money. you work overtime for 6.4 hours

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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