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Describe the difference between resources and capabilities.
Fair Labor Standards Act
Legislation in the United States that establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards.
Time And A Half
A rate of pay that is 1.5 times the employee's standard hourly wage, typically awarded for overtime hours worked.
Normal Wage
The standard or average amount of pay that workers receive for their labor in a specific job or industry.
Petty Cash Fund
Cash kept on hand in the office for small purchases.
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