Flsa Study guides, Class notes & Summaries

MGMT 582 Study Questions with Correct Answers Employers Covered under FLSA - Answer--All employers engaged in interstate or foreign commerce. -All employers who handle, sell, or otherwise work on goods or materials produced for, or moved, in interstate commerce. -All private employers with 1 or more employees and > $500,000 gross sales. -State and local governments (Garcia v. San Antonio MTA, 469 U.S. 528(1984)). Fair Labor Standards (Compensation) Legal Compliance (FLSA) - Answer-...

What does the acronym FTE stand for? Correct Answer-Full Time Equivalent What are the number of hours that make up an FTE? Correct Answer-40 hours per week; 2080 hours per year 40 hours per week x 52 weeks = 2,080 hours What are budgeted hours? Correct Answer-Budgeted hours are estimated hours that an employee works per pay period in a particular assignment restricted by the planned expenditure for a fiscal year. How is overtime defined? Correct Answer-Overtime is defined as greater ...

Social Security Act of 1935 (Title IX) correct answers Provided temporary income to workers who became unemployed through no fault of their own. Workers' Compensation correct answers programs granted income to workers who were unable to work because of injuries sustained on the job. Fair Labor Standards Act of 1938 (FLSA) correct answers The FLSA addresses major abuses that intensified during the Great Depression and the transition from agricultural to industrial enterprises. These includ...

retention records: How long for IRS? - ️️4 years (3 is 4) reduceing taxable income: 401k come out of fed. cafe comes out of all FIT, SS and MED - ️️note What does Fair Labor Standards Act regulate? - ️️1. Overtime 2. Minimum rate of pay 3. Child Labor Laws 4. Equal pay retention records: How long for FLSA? - ️️3 years (4 is 3) 3 yeas after the last date of entry or 3 years from the last date they were effective What records for FLSA must be kept for 3 years after ...

Fundamental Payroll Certification (FPC) Exam 20 Questions with Verified Answers Which form is completed by the employee to establish federal income tax withholding? - CORRECT ANSWER Form W-4 A nonexempt employee works 37½ hours per week at a regular monthly salary of $3,932.50. Under the FLSA, calculate the employee's regular rate of pay. - CORRECT ANSWER $24.20 A nonexempt employee works 40 hours per week at a regular annual salary of $45,240. Under the FLSA, calculate the employee'...

CDC - Centers for Disease Control and Prevention An org under DHHS (dept of health and human services) child labor laws - under fair labor standards act regulate work hours and duties of children "Child labor provisions under FLSA are designed to protect the educational opportunities of youth and prohibit their employment in jobs that are detrimental to their health and safety. FLSA restricts the hours that youth under 16 years of age can work and lists hazardous occupations too dan...

WGU C233 Employment Law Exam Questions With 100% Correct Answers 2024. With Complete Solution. Intrusion Upon Seclusion A type of tort in which an employer intrudes upon an employee's private information. Age Discrimination in Employment Act (ADEA) Enacted in 1967, it protects employees who are 40 years of age and older. Fair Labor Standards Act (FLSA) Enacted in 1938, it protects workers from unfair wages, limits abusive overtime practices, and prevents child labor. Course of Employme...

M100 Exam 2023 Questions with correct Answers Community Association - Answer- Mandatory memberships, mutually binding contracts, lien-based assements Purpose of community association - Answer- Provide for the community, business, and governance aspects of the association Basic types of community association - Answer- Planned communities, condominium, and cooperatives Planned community - Answer- HOA, owner association Condominium - Answer- Owner of his/her unit Cooperative - Answer- Owns stock/h...

Critical areas of the practice (3) - Patient Care, Revenue enhancement, Cost containment Important vs. Urgent - Important eventually becomes urgent. So strategy is to act on the important before it becomes urgent. Important things fall under 7 key activities - 1. Improving communications with people. 2. Better preparation 3. better planning and organization 4. Taking better care of onself 5. seizing new opportunists 6. Personal development 7. Empowerment Time management - Set goals. Al...

Which of the following is NOT part of the ASA code of ethics and good practices correct answer: Staffing firms must offer benefits to all workers Anthony is a non managerial employee of FedCo who recently turned 65. FedCo has a mandatory retirement policy that requires Jerry to retire. Under the policy, Jerry will receive an annual retirement benefit of $45,000. Under federal law, is FedCo's mandatory retirement policy lawful? correct answer: False In making hiring and other employment ...