Employers may pay nonexempt employees who work fluctuating schedules a fixed salary, in these cases, the extra pay is None of the above are correct.
Many firms simply pay an hourly rate plus time and a half for every hour worked in excess of forty. But there are also other legal ways to pay nonexempt workers and determine how much overtime they are due.
Nonexempt employees are paid a defined weekly salary under the variable workweek approach, which is described in 29 CFR 778.114, regardless of the number of hours they put in.
They also earn additional overtime compensation when they clock in for more than 40 hours in a workweek. In other words, whether an employee works 30, 40, or more hours a week, their pay remains the same.
Every hour the employee works over 40 in a workweek that exceeds 40 is compensated with additional overtime pay.
To learn more about Overtime Pay here
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Answer:
D, confirmation bias
Explanation:
Confirmation bias is a form of cognitive bias that is defined as the tendency to interpret ,search, recall an information that confirms one's previous personal belief.
For example, if you suspect that a friend of yours is a thief after some things went missing a few times after he left you place and then someone else tells you he is also suspecting that same friend of being a thief, your confidence bias immediately connects both situations and then you believe your friend is a thief.
I hope this helps.
Answer:
allowance for doubtful accounts 4,245 debit
accounts receivables 4,245 credit
--to record write-off of Madonna Inc account--
Explanation:
<em>Prepare the journal entry to record the write-off. </em>
To record the write-off we will decrease both, the allowance and the accounts receivable for the amount we consider uncollectible. Under allowance method the company never uses bad debt expense at write-off it only does at year-end adjustment
Answer:
On t-account, it will be logged as Accounts Receivable $4,500 and Service Revenue $4,500.
Explanation:
a) Data and Analysis:
Accounts Receivable $4,500 Service Revenue $4,500
b) The company's assets have been increased by $4,500, and its Equity has been increased by $4,500 (through Service Revenue in Retained Earnings). When the customer pays for the work completed, the Cash account will be debited and the Accounts Receivable credited.
Answer:
C) product life cycle
Explanation:
A product life cycle has 4 stages:
- introduction: a new product is introduced to the market usually with a marketing campaign
- growth: the demand and the sales of the new product start to rise
- maturity: the product is well known with a steady demand but new competitors enter the market
- decline: the sales start to decline and the product loses market share
Unibronx's inverter is a mature product.
