To Qualify for Leave Under the Family and Medical Leave

question 12

Multiple Choice

To qualify for leave under the Family and Medical Leave Act (FMLA) , an employee must have worked: ​

• A)at least 1250 hours during the previous 12 months ​
• B)at least 625 hours during the previous 6 months
• C)at least 2080 hours during the previous 12 months
• D)at least 1040 hours during the previous 6 months

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Definitions:

Net Present Value

The gap between what cash inflows and cash outflows are worth now, calculated over a specified period.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity.

Incremental Cost Approach

A decision-making process focusing on the additional costs and benefits associated with a particular business decision.

Incremental Cost Approach

The method of analyzing the financial information needed for decision making by considering only the costs and benefits that change due to the decision.