FPC Module One Exam Questions and
Answers with Verified Solutions | Latest
Updated 2026
Child labor laws (ages 14-15) May work nonhazardous jobs: 3 hrs/day
and 18
hrs/week when school is in session; 8
hrs/day and
40 hrs/week when school is not in session
Child labor rules (under 14) Employment generally prohibited unless
working
for a parent or in limited roles (e.g., actors,
sports
assistants)
Child labor (under 18) Cannot work in jobs declared hazardous
by the
DOL
Employees covered under FLSA Enterprise coverage test or individual
by employee
coverage test
Excluded from regular rate of pay Gifts, reimbursed expenses, paid time not
worked, stock options, discretionary
bonuses,
and excess overtime premiums
, Exempt administrative duties Nonmanual/office work related to business
operations and exercises independent
judgment
on significant matters
Exempt employees determined by Primary job duties and weekly salary
Exempt executive duties Manage business, supervise 2+ full-time
employees, authority to hire/fire or
recommend
FMLA leave guarantees 12 weeks unpaid leave in 12 months and
maintenance of group health benefits
Intentional misclassification Employer pays 100% of FIT, Social
penalty Security, and
Medicare (both shares)
Unintentional misclassification 1.5% of wages and 20% of employee
penalty share of
Social Security and Medicare
Form I-9 completion methods Paper or electronic
Minimum weekly exempt salary $684/week (exceptions: teachers, lawyers)
Tipped employee wage Minimum $2.13 per hour
Answers with Verified Solutions | Latest
Updated 2026
Child labor laws (ages 14-15) May work nonhazardous jobs: 3 hrs/day
and 18
hrs/week when school is in session; 8
hrs/day and
40 hrs/week when school is not in session
Child labor rules (under 14) Employment generally prohibited unless
working
for a parent or in limited roles (e.g., actors,
sports
assistants)
Child labor (under 18) Cannot work in jobs declared hazardous
by the
DOL
Employees covered under FLSA Enterprise coverage test or individual
by employee
coverage test
Excluded from regular rate of pay Gifts, reimbursed expenses, paid time not
worked, stock options, discretionary
bonuses,
and excess overtime premiums
, Exempt administrative duties Nonmanual/office work related to business
operations and exercises independent
judgment
on significant matters
Exempt employees determined by Primary job duties and weekly salary
Exempt executive duties Manage business, supervise 2+ full-time
employees, authority to hire/fire or
recommend
FMLA leave guarantees 12 weeks unpaid leave in 12 months and
maintenance of group health benefits
Intentional misclassification Employer pays 100% of FIT, Social
penalty Security, and
Medicare (both shares)
Unintentional misclassification 1.5% of wages and 20% of employee
penalty share of
Social Security and Medicare
Form I-9 completion methods Paper or electronic
Minimum weekly exempt salary $684/week (exceptions: teachers, lawyers)
Tipped employee wage Minimum $2.13 per hour