For Purposes of Determining Whether an Employee Is Entitled to Overtime

question 18

Multiple Choice

For purposes of determining whether an employee is entitled to overtime pay, which of the following is not counted as time worked?

• A) Rest periods of twenty minutes or less
• B) Time spent in required training
• C) Time needed to total cash register receipts after regular work hours
• D) Time needed to travel from one's home to the job site

---

Definitions:

Variance of Returns

A statistical measurement of the dispersion of returns for a given security or market index, often used as a measure of volatility or risk.

Security Market Line

A representation in the Capital Asset Pricing Model (CAPM) showing the expected return of a security or portfolio in relation to its risk (beta).

Reward to Risk Ratio

A metric utilized by investors for comparing the anticipated gains from an investment against the risk incurred to attain those gains.

Beta

An indicator of the level of systematic risk or volatility of a security or a portfolio relative to the entire market.