Question 1What are the revised guidelines introduced in 2004 fordetermining whether jobs are exempt from FLSA overtime pay provisions called? Question 2Which of the following example is NOT considered as acompensable work activity? Question 3An employee has a regular hourly rate equal to $12.According to FLSA, how much should her/his employer pay this employee for eachadditional hour worked beyond the regular 40 hours within a period of 7consecutive days? Question 4Melissa has been working in XYZ Company for the last 8years. She got a very attractive job offer from another company in the sameindustry and decided to leave her current company. She is one hundred percentvested. Which of the following acts guarantees that she cannot lose the pension benefits after she leaves her job in XYZ Company? Question 5Construction contractors, working on government contractsvalued at more than $2,000, must pay their laborers and mechanics what type oflocal area based wage according to the Davis-Bacon Act of 1931? Question 6This type of bargaining occurs when unions shift frombargaining for large pay increases to simply bargaining for greater jobsecurity. Question 7This amendment to the U.S. Constitution gives Congress thepower to regulate commerce with foreign nations, individual states, and IndianTribes. Question 8Intentionally treating women less favorably than men solelybased upon their gender would be what form of discrimination? Question 9Jennifer works as a clerk in a company. The essentialfunction of her job is producing memoranda using word processing software. Ifshe develops crippling arthritis, which act requires her employer to makereasonable accommodations such as providing a voice-recognition input device? Question 10The Americans with Disabilities Act of 1990 (ADA) applies tocompanies that employ at least how many workers? Question 11Which branch of the federal government is responsible forinterpreting laws? Question 12The “equal benefit or equal cost principle” ispart of which Act? Question 13These programs granted income to workers who were unable towork due to injuries sustained while on the job. Question 14As a result of this law enacted by Congress, employers mustnow show that employment practices that create disparate impact are a business necessity. This law also made it legal for U.S. citizens working abroad for U.S. companies to file suit. Question 15Which one of these issues is NOT addressed by the Fair LaborStandards Act of 1938?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Question 1

What are the revised guidelines introduced in 2004 for
determining whether jobs are exempt from FLSA overtime pay provisions called?

Question 2

Which of the following example is NOT considered as a
compensable work activity?

Question 3

An employee has a regular hourly rate equal to $12.
According to FLSA, how much should her/his employer pay this employee for each
additional hour worked beyond the regular 40 hours within a period of 7
consecutive days?

Question 4

Melissa has been working in XYZ Company for the last 8
years. She got a very attractive job offer from another company in the same
industry and decided to leave her current company. She is one hundred percent
vested. Which of the following acts guarantees that she cannot lose the pension benefits after she leaves her job in XYZ Company?

Question 5
Construction contractors, working on government contracts
valued at more than $2,000, must pay their laborers and mechanics what type of
local area based wage according to the Davis-Bacon Act of 1931?

Question 6

This type of bargaining occurs when unions shift from
bargaining for large pay increases to simply bargaining for greater job
security.

Question 7

This amendment to the U.S. Constitution gives Congress the
power to regulate commerce with foreign nations, individual states, and Indian
Tribes.

Question 8

Intentionally treating women less favorably than men solely
based upon their gender would be what form of discrimination?

Question 9
Jennifer works as a clerk in a company. The essential
function of her job is producing memoranda using word processing software. If
she develops crippling arthritis, which act requires her employer to make
reasonable accommodations such as providing a voice-recognition input device?

Question 10

The Americans with Disabilities Act of 1990 (ADA) applies to
companies that employ at least how many workers?

Question 11

Which branch of the federal government is responsible for
interpreting laws?

Question 12
The “equal benefit or equal cost principle” is
part of which Act?

Question 13
These programs granted income to workers who were unable to
work due to injuries sustained while on the job.

Question 14

As a result of this law enacted by Congress, employers must
now show that employment practices that create disparate impact are a business necessity. This law also made it legal for U.S. citizens working abroad for U.S. companies to file suit.

Question 15

Which one of these issues is NOT addressed by the Fair Labor
Standards Act of 1938?

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