The Walsh-Healy Public Contracts Act of 1936

question 21

Multiple Choice

The Walsh-Healy Public Contracts Act of 1936

• A) requires that a lower "training wage" be paid to workers under the age of 20 for a period of up to 90 days.
• B) mandates that employers pay higher wages for overtime, defined as hours worked beyond 40 hours per week.
• C) covers construction contractors that receive more than $2,000 in federal money.
• D) requires general contractors performing services on prime contracts in excess of $2,500 to pay service employees in various classes no less than the prevailing local wage rates.
• E) covers all government contractors receiving $10,000 or more in federal funds.

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Definitions:

Apportion

To divide, allocate, or distribute proportionately among various accounts, entities, or individuals based on specific criteria.

Number of Employees

The total count of individuals working for a business or organization, either full-time or part-time.

Indirect Expenses

Costs that are not directly attributable to the production of goods or services, such as utilities and rent.

Allocated

Refers to the distribution or assignment of costs or resources to different accounts, projects, or periods.