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B1 Exam Dumps : Regulatory Environments for Benefits Programs

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Regulatory Environments for Benefits Programs Questions and Answers

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Question 1

How does the Fair Labor Standards Act require employers to pay their nonexempt employees?

Options:

A.

Double time for time worked on Sunday

B.

Time and a half for all hours worked over 40 in the workweek

C.

Time and a half for all hours worked over 8 in the workday

D.

Double time for work on Saturday

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Question 2

Upon which criterion are step increases typically based?

Options:

A.

Market adjustment

B.

Longevity

C.

Individual performance

D.

Skills

Question 3

The XYZ Company opened a new manufacturing facility with a capital investment of 10,000,000. The cost to obtain the capital was 8%. In its first year of operations, the facility’s net operating profit after taxes was 10,500,000. What was the economic value added (EVA) using the EVA formula?

Options:

A.

500,000

B.

840,000

C.

8,000,000

D.

9,700,000

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