Which of the Following Workers Would Not Be Covered by the FMLA

question 165

Multiple Choice

Which of the following workers would not be covered by the FMLA:

• A) a key employee who is among the 10 percent highest paid
• B) an employee who had only been employed for 6 months
• C) an employee who had worked fewer than 1,250 hours in the past year
• D) an employee who had not worked at all for at least a year
• E) all of the other specific choices are correct

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Definitions:

Fair Value Adjustment

A process of adjusting the book value of an asset or liability to reflect its current market value.

Available-for-Sale

A category of securities that are not classified as held-to-maturity or trading securities, and are recorded at fair value.

Unrealized Loss

A loss that occurs on paper due to a decrease in the value of an investment, but has not been realized through a transaction.

Equity Method Investments

Accounting for investments in which the investor has significant influence over the investee, recognizing proportional earnings of the investee.