In 2010 the Department of Labor Changed Some Aspects of the FMLA

question 16

Multiple Choice

In 2010 the Department of Labor changed some aspects of the FMLA (Family and Medical Leave Act) that include

• A) clarifying the definition of son and daughter to mean a biological relationship.
• B) clarifying the definition of son and daughter to mean a legal relationship.
• C) broadening the description of who could be considered a son or daughter to include same-sex families with children.
• D) restricting coverage of the law to federal government employees with management positions.

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Definitions:

Financial Statements

Reports that summarize the financial performance and financial position of a company, including the balance sheet, income statement, and cash flow statement.

Intercompany Sales

Transactions of goods or services between divisions, subsidiaries, or affiliated companies within the same conglomerate.

Equity Method

An accounting method used to account for investments in other companies by recognizing the investor’s share of the investee's profits and losses.

Contractual Agreement

A legally binding contract between two or more parties outlining the terms and conditions of their arrangement.