The Tips Received by a Tipped Employee Are Less Than

question 94

Multiple Choice

The tips received by a tipped employee are less than $5.12 of the minimum hourly tip credit rate. The maximum permissible tip credit is:

• A) $30 a month.
• B) $5.12 an hour.
• C) 45% of the employee's minimum wage.
• D) 50% of the employee's minimum wage.
• E) the amount of tips actually received by the employee.

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Definitions:

Spreadsheet Formula

A mathematical expression used in a spreadsheet program to perform calculations, analyze data, or automate tasks.

Yearly Pension

The annual amount paid to a retired employee, typically funded by previous contributions from the employer and/or the employee.

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Money that employees or others receive based on sales, for example an author or musician.