Which of the Following Statements Is True About the Fair

question 74

Multiple Choice

Which of the following statements is true about the Fair Labor Standards Act (FLSA) ?

• A)The current minimum wage set by the FLSA is $5.25 per hour.
• B)It states that employees cannot be made to work overtime.
• C)Exempt employees are eligible for overtime pay.
• D)It exempts executive,professional,and administrative occupations from FLSA coverage.
• E)Under FLSA,exempt status is independent of job responsibilities and salary.

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Definitions:

Hayfield

A field where hay is grown, usually for agricultural purposes such as feeding livestock.

Reversion

A return to a previous state or condition.

Vested Remainder

A future interest in property that is certain to occur, provided the current estate terminates, and is not subject to any conditions precedent.

Possibility of Reverter

A future interest in real estate, reverting back to the original owner or their heirs if certain conditions are met or not maintained.