The Fair Labor Standards Act Must Be Followed If

question 77

Multiple Choice

The Fair Labor Standards Act must be followed if:

• A)the company has more than 100 employees.
• B)the employees have received regular earnings.
• C)the company does business in more than one state.
• D)all employees are categorized as salary.

---

Definitions:

Equity

The value of an ownership interest in a company, represented by the portion of the company's assets remaining after liabilities have been subtracted.

Cannibalization

A decrease in the sales, revenue, or market share of an existing product due to the launch of a new product by the same manufacturer.

Grilled Chicken Sandwiches

Sandwiches made with grilled chicken meat as a primary ingredient, often served with toppings and condiments on bread.

Product Line

A collection of connected products marketed under one brand by the same company.