« previous next »

Author Question: The Fair Labor Standards Act provides which of the following minimum rates to be paid to employees ... (Read 81 times)

nummyann

  • Hero Member
  • *****
  • Posts: 576
on: Jul 5, 2018
The Fair Labor Standards Act provides which of the following minimum rates to be paid to employees for all hours worked over 40 hours per week?
 a. one and one-half times the regular rate
   b. same rate as the regular rate
   c. two and one-half times the regular rate
   d. two times the regular rate

Question 2

Explain the cost principle.
 
  What will be an ideal response?


triiciiaa

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jul 5, 2018
Answer to Question 1

a

Answer to Question 2

The cost principle is a rule requiring that purchased assets be recorded in the accounting records at cost, which includes all costs reasonable and necessary to place the asset into working condition.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

A historical timeline of regulatory acts, standards, and organizations A historical timeline of regulatory acts, standards, and organizations
Child Labor Rates and GDP Worldwide Child Labor Rates and GDP Worldwide
It is important for new employees to know the location of all fire extinguishers. (C) Sweep the area ... It is important for new employees to know the location of all fire extinguishers. (C) Sweep the area ...
Historical Time Line of Regulatory Acts, Standards, and Organizations Historical Time Line of Regulatory Acts, Standards, and Organizations
Efficient Allocation of Labor between Sectors Efficient Allocation of Labor between Sectors
Prevalence rates of obesity in the United States, 2014 Prevalence rates of obesity in the United States, 2014
Video: Steps of glucose catabolism

For a complete list of videos, visit our video library