STUVIA 2024/2025
BUS251: Chapter 40 Reading & Assessment
Questions
U.S. Department of Labor - ✔✔The FLSA is administered and enforced by the federal agency known
as the _______.
minimum; $7.25 - ✔✔The FLSA establishes a(n) _______ wage, currently $_______ per hour, to be
paid to every employee covered under the Act.
40; seven - ✔✔The FLSA sets a standard workweek at _______ hours in a _______-day period and
an employee is entitled to overtime compensation for any hours worked in excess of the standard
workweek.
over 12 years of age - ✔✔The FSLA outlaws the once-common practice of sending school-age
children to work instead of to school by imposing restrictions on hiring workers _______.
pension; 401(k) - ✔✔If an employer offers retirement benefits, they are typically offered in the form of
a(n) _______ or a(n) _______ plan.
%
minimum wage; overtime pay; restrictions on child labor - ✔✔The FLSA's primary provisions
mandate (1) _______, (2) _______, (3) and _______.
true - ✔✔True or false: Even though FLSA sets a minimum wage of $7.25 per hour, states are
permitted to set a higher minimum wage level for employees working within their jurisdiction.
ERISA - ✔✔If employers establish either a pension fund or a retirement savings plan, the employer
is subject to the requirements of a federal statute called _______.
one and one-half - ✔✔Overtime compensation is calculated by multiplying the hourly base rate of the
employee times _______.
FICA - ✔✔The SSA benefits are funded by mandatory employment taxes under _______.
family agricultural jobs; child actors - ✔✔Children in _______ and _______ are not subject to FLSA
restrictions, as long as appropriate educational standards to be met through the use of tutors and
homeschooling.
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, STUVIA 2024/2025
false - ✔✔True or false: Employers are required to establish retirement plans for their employees,
especially for the high-quality employees.
50; 25 - ✔✔The PPACA requires employers with _______ or more full-time employees to purchase
health care insurance for their employees or face a penalty, plus it offers small-business owners with
_______ or fewer employees, immediate tax benefits.
Workers' compensation statutes - ✔✔_______ establish a structure for an injured employee to be
compensated through a statutorily mandated insurance program as the exclusive remedy for
workplace injuries or illnesses.
conflicts of interest; fiduciary standards - ✔✔ERISA establishes rules for: _______.
employee's willful misconduct; knowing violation of safety rules; drug use - ✔✔Generally, an injured
worker is not entitled to workers' compensation if the injury was intentionally self-inflicted or resulted
from _______.
reckless disregard; punitive - ✔✔If an employer acts with _______ for the safety of its employees,
the injured employee may bypass the workers' compensation system and sue the employer for a full
recovery including _______ damages.
%
have been accidental; have occured within the scope of employment - ✔✔To trigger protection under
workers' compensation laws, the injury must: _______.
mandating warnings for hazardous work; setting national standards - ✔✔The objective of OSHA is to
make the workplace as safe as possible for workers, including _______.
only the employer - ✔✔The FUTA established a state-administered fund to provide payments to
workers who have suffered and is paid by which of the following?
FMLA - ✔✔The _______ sets out basic protections for workers who need a brief leave from work to
care for themselves or an immediate family member.
would be required - ✔✔If Big Box Inc has three stores in San Antonio, Texas with 20 employees at
each location and the stores are less than 10 miles from each other, Big Box _______ to offer FMLA
to its employees.
12 weeks; 1250 hours - ✔✔To be eligible for FMLA benefits, including ______ of unpaid leave, an
employee must have worked for the company for at least 12 months and have worked _______
during the past 12 months.
stuvia
BUS251: Chapter 40 Reading & Assessment
Questions
U.S. Department of Labor - ✔✔The FLSA is administered and enforced by the federal agency known
as the _______.
minimum; $7.25 - ✔✔The FLSA establishes a(n) _______ wage, currently $_______ per hour, to be
paid to every employee covered under the Act.
40; seven - ✔✔The FLSA sets a standard workweek at _______ hours in a _______-day period and
an employee is entitled to overtime compensation for any hours worked in excess of the standard
workweek.
over 12 years of age - ✔✔The FSLA outlaws the once-common practice of sending school-age
children to work instead of to school by imposing restrictions on hiring workers _______.
pension; 401(k) - ✔✔If an employer offers retirement benefits, they are typically offered in the form of
a(n) _______ or a(n) _______ plan.
%
minimum wage; overtime pay; restrictions on child labor - ✔✔The FLSA's primary provisions
mandate (1) _______, (2) _______, (3) and _______.
true - ✔✔True or false: Even though FLSA sets a minimum wage of $7.25 per hour, states are
permitted to set a higher minimum wage level for employees working within their jurisdiction.
ERISA - ✔✔If employers establish either a pension fund or a retirement savings plan, the employer
is subject to the requirements of a federal statute called _______.
one and one-half - ✔✔Overtime compensation is calculated by multiplying the hourly base rate of the
employee times _______.
FICA - ✔✔The SSA benefits are funded by mandatory employment taxes under _______.
family agricultural jobs; child actors - ✔✔Children in _______ and _______ are not subject to FLSA
restrictions, as long as appropriate educational standards to be met through the use of tutors and
homeschooling.
stuvia
, STUVIA 2024/2025
false - ✔✔True or false: Employers are required to establish retirement plans for their employees,
especially for the high-quality employees.
50; 25 - ✔✔The PPACA requires employers with _______ or more full-time employees to purchase
health care insurance for their employees or face a penalty, plus it offers small-business owners with
_______ or fewer employees, immediate tax benefits.
Workers' compensation statutes - ✔✔_______ establish a structure for an injured employee to be
compensated through a statutorily mandated insurance program as the exclusive remedy for
workplace injuries or illnesses.
conflicts of interest; fiduciary standards - ✔✔ERISA establishes rules for: _______.
employee's willful misconduct; knowing violation of safety rules; drug use - ✔✔Generally, an injured
worker is not entitled to workers' compensation if the injury was intentionally self-inflicted or resulted
from _______.
reckless disregard; punitive - ✔✔If an employer acts with _______ for the safety of its employees,
the injured employee may bypass the workers' compensation system and sue the employer for a full
recovery including _______ damages.
%
have been accidental; have occured within the scope of employment - ✔✔To trigger protection under
workers' compensation laws, the injury must: _______.
mandating warnings for hazardous work; setting national standards - ✔✔The objective of OSHA is to
make the workplace as safe as possible for workers, including _______.
only the employer - ✔✔The FUTA established a state-administered fund to provide payments to
workers who have suffered and is paid by which of the following?
FMLA - ✔✔The _______ sets out basic protections for workers who need a brief leave from work to
care for themselves or an immediate family member.
would be required - ✔✔If Big Box Inc has three stores in San Antonio, Texas with 20 employees at
each location and the stores are less than 10 miles from each other, Big Box _______ to offer FMLA
to its employees.
12 weeks; 1250 hours - ✔✔To be eligible for FMLA benefits, including ______ of unpaid leave, an
employee must have worked for the company for at least 12 months and have worked _______
during the past 12 months.
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