« previous next »

Author Question: The Fair Labor Standards Act provides which of the following minimum rates to be paid to employees ... (Read 45 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?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Total fertility rates (TFRs) among major regions of the world. Total fertility rates (TFRs) among major regions of the world.
The “Infertility Belt” In certain countries in Central Africa, infertility rates are as high as 30% The “Infertility Belt” In certain countries in Central Africa, infertility rates are as high as 30%
U.S. Cancer Death Rates U.S. Cancer Death Rates
Poverty rates have declined in the last 50 years, and the biggest decline has been for people 65 and ... Poverty rates have declined in the last 50 years, and the biggest decline has been for people 65 and ...
Protein topology and folding rates Protein topology and folding rates
Saving Rates by Income Quintile, 2003 Saving Rates by Income Quintile, 2003
Video: ATPase function - membrane transport, contractile proteins and synthesis

For a complete list of videos, visit our video library