Answer:
The correct answer is A
Explanation:
FLSA stands for Fair Labor Standard Act, which is defined as the act that usually requires, the covered non- exempt employees to receive the overtime pay, at least 1 and 1/2 times of their regular pay for the time they worked in excess of the 40 hours per week of the work.
The regular rate is defined as the remuneration which involves all the employment remuneration that are subject to the exclusions mentioned in the Section 7 under sub section (e) of the FLSA.
So, the vacation pay is the one which is not involved in the regular rate as any time earned gained over 40 along with the vacation is the straight time which will not be paid.
Answer:
Edgar is a chef and the kitchen manager in an upscale restaurant. He is very knowledgeable in both the culinary and restaurant management fields. Because he possesses these technical skills, Edgar can be considered an Management by objectives (MBO)
Explanation:
Management by Objectives (MBO) has to do with management of organization in terms of their goals and ensure maximum performance is recorded. Edgar used MBO as a result helps the restaurant to harness their resources and manage it efficiently.
Answer:
b. 13.63%
Explanation:
Multiple choice <em>"(a) 1.01% (b) 1.37% (c) 0.50% (d) -0.50%"</em>
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Spot rate = future rate /(1 + interest rate differential)
1.0796 = (1.0796 + 0.007356)/(1 + interest rate differential)
1.0796 = 1.086956 / (1 + interest rate differential)
1.0796 * (1 + interest rate differential) = 1.086956
(1 + interest rate differential) = 1.086956/1.0796
(1 + interest rate differential) = 1.006813634679511
Interest rate differential = 1.006813634679511 - 1
Interest rate differential = 0.006813634679511
interest rate differential = 0.006813634679511*2
interest rate differential = 0.013627269359022
interest rate differential = 13.63%
So, the difference between interest rate of Europe and US is 13.63%.
Answer:
True, through a multiple support agreement signed between 2 or more taxpayers that provide financial support to the same dependent.
Explanation:
Form 2120 allows taxpayers to claim deductions for a relative as a dependent on their tax returns, but since they do not pay at least 50% of their expenses, they cannot claim them under normal rules. Certain conditions must be met, the most important are:
- the taxpayer must pay for at least 10% of the dependent financial needs
- they must have signed a multiple support agreement (the other taxpayers waive their right to claim the person as a dependent).
Answer:
See bekow
Explanation:
Number of direct labor hours = 555,000 / 15 = 37,000
Overhead cost = $57,000 + $158,500 + $28,800 + $22,100