Which of the following is not a condition for administrative employees to be exempt from overtime and minimum wage requirements under the FLSA??
A) ?Employee is compensated with a salary of not less than $455 per week

B) ?The primary duty is the performance of office work directly related to the management.
C) ?The primary duty does not include general business operations with the firm's customers.
D) ?Her/his primary duty includes the exercise of discretion

C

Business

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____ occurs when the employee's reasonable expectations under the contract have not been fulfilled.

Fill in the blank(s) with the appropriate word(s).

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What type of account is Notes Payable?

A. Stockholder's Equity B. Liability C. Expense D. Asset

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