Which of the Following Is NOT True Regarding Compensatory ("Comp")time

question 14

Multiple Choice

Which of the following is NOT true regarding compensatory ("comp") time?

• A)employers cannot require employees to use up their accrued comp time if employees do not wish to do so
• B)the maximum amount of comp time that can be banked is capped at 240 hours for most employees
• C)hours in excess of banked comp time must be paid for in cash
• D)employers can require employees to use up their accrued comp time even if employees do not wish to do so

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Definitions:

Factory Overhead

This refers to all the indirect costs of production that are not directly tied to a specific product, including utilities, maintenance, and salaries of non-direct labor employees.

Predetermined Overhead Rate

A rate used to allocate overhead costs to products or job orders, calculated in advance based on estimated costs and activity levels.

Materials Requisition

The form or electronic transmission used by a manufacturing department to authorize materials issuances from the storeroom.

Materials Ledger

The subsidiary ledger containing the individual accounts for each type of material.