Wheat is sold by Missouri farmer McDonald to a broker in Kansas City. Since the wheat market is often thought to be competitive, Mr. McDonald makes the most of...
What countries cultivate wheat?
The Northern Hemisphere's temperate regions are where the majority of the world's wheat is farmed. In regions with warm winters, such as North Africa, Pakistan, India, Mexico, South America, and Australia, spring wheat is grown. In the majority of the United States, Europe, and China, winter wheat is sown in the fall.
Is wheat cultivation considered agriculture?
In terms of planted acreage, production, and gross farm income, wheat trails only maize and soybeans among U.S. field crops. According to estimates, American farmers will have produced 1.65 billion bushels of winter, spring, and summer crops in 2022–2023.
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Chapter 2 Mastery Problem
The T –
Hassan Rahim won a concession to rent bicycles in the local park during the summer. During the month of June, Hassan completed the following transactions for his bicycle rental business:
Chart of Accounts
Cash
Hassan Rahim Capital
Accounts Receivable
Hassan Rahim, Withdrawals
Supplies
Rental Income
Shed
Wages Expense
Bicycles
Maintenance Expense
Accounts Payable
Repair Expense
Concession Fee Expense
June
2
Began business by placing $7,200 in a business checking account.
3
Purchased supplies on account, $150
4
Purchased 10 Bicycles for $2,500, paying $1,200 down and agreeing to pay the rest in thirty days.
5
Purchased for cash a small shed to hold the bicycles and to use for other operations, $2,900
6
Paid cash for shipping and installation costs (considered as an addition to the cost of the shed) to place the shed at the park entrance, $400.
8
Received cash of $470 for rentals during the first week of operation.
13
Hired a part-time assistant to help out on weekends at $7.50 per hour
14
Paid a maintenance person to clean the grounds, $75.
15
Received cash, $500, for rentals during the second week of operation.
16
Paid the assistant for a weekend’s work, $150.
20
Paid for the supplies purchased on June 3, $150.
21
Paid repair bill on bicycles, $55.
22
Received cash for rentals during the third week of operation, $550.
23
Paid the assistant for a weekend’s work, $150.
26
Billed a company for bicycle rentals for an employee outing, $110
27
Paid the fee for June to the Park District for the right to the bicycle concession, $100.
28
Received cash for rentals during the week, $410.
29
Paid the assistant for a weekend’s work, $150.
30
Transferred $500 to personal checking account.
Answer:
27.
Explanation:
Identifying majors with specific language and mathematics requirements using the degree search selection filters help you solve what type of business problem?.
Identifying majors with specific language and mathematics requirements using the degree search selection filters help you solve structured type of business problem.
What are structured problems in business?The nature of structured problems is routine. Within the organization, they frequently take place in a recognizable or comparable manner. This makes it simple for the organization to understand organized problems.
What is structured problem-solving?A learned technique called structured problem solving (SPS) enables you to take a step back and analyze all of your issues, big or small, in a more organized, concise manner. It's a "thought technique" that's frequently applied in one-on-one coaching and has been shown to be effective in treating mild to moderate depression.
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As a member of a software development team for a national nonprofit organization, Larissa is responsible for creating an interface model for a new app. What is Larissa's role in the organization
Answer:
Software designer.
Explanation:
A software can be defined as a set of executable instructions (codes) or collection of data that is used typically to instruct a computer how to perform a specific task and to solve a particular problem.
Basically, softwares are categorized into two (2) main categories and these are;
I. Utility software.
II. System software.
Larissa's role in the national nonprofit organization is a software designer because she's saddled with the responsibility of creating an interface model for a new app i.e the graphic user interface that would be seen and used by the end users of the software application.
The book publishing and motion-picture industries are both examples of ______.
A) monopolies
B) oligopolies
C) O&Os
D) limited competition
E) None of the options are correct.
The book publishing and motion-picture industries are both examples of oligopolies. An oligopoly is a market structure in which a few large firms dominate the market.
In both the book publishing and motion-picture industries, a small number of large companies control the majority of the market. In the book publishing industry, the "Big Five" publishers (Penguin Random House, Hachette, HarperCollins, Macmillan, and Simon & Schuster) account for a significant portion of book sales. Similarly, in the motion-picture industry, a handful of large studios (such as Disney, Warner Bros., and Universal) dominate the market and produce the majority of blockbuster films. These industries exhibit characteristics of oligopolies, such as significant barriers to entry for new competitors, interdependence among firms, and strategic pricing behavior. Oligopolistic firms often engage in tactics such as price collusion, product differentiation, and advertising to maintain their dominant market positions. While there is some level of competition within these industries, it is limited compared to more competitive markets. Overat structure and dominance by a few large firms.
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The book publishing and motion-picture industries are both examples of oligopolies.
An oligopoly refers to a market structure where a few large companies dominate the industry. In the case of book publishing, a handful of major publishing houses control a significant portion of the market, making it difficult for smaller publishers to compete effectively. Similarly, in the motion-picture industry, a small number of major studios hold considerable power and influence over film production, distribution, and exhibition. These dominant players often engage in strategic collaborations and negotiations that shape the industry's dynamics. While there may be some smaller competitors, the industry is primarily controlled by a select few, making it an oligopoly. Therefore, option B) oligopolies is the correct answer.
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ountry x wants to encourage trade by eliminating trade barriers with the three along its borders. however, country x wants each of the countries to be able to es own trade policies even though this may lead to problems with trade deflection. w economic integration is country x most likely considering?
Country X is most likely considering a Free Trade Area as the form of economic integration. Therefore, the correct option is D.
A free trade area is an economic integration where countries eliminate trade barriers, such as tariffs and quotas, among themselves, but retain their own individual trade policies with non-member countries. Hence, it can lead to
1. Eliminating trade barriers: A Free Trade Area focuses on removing tariffs, quotas, and other trade restrictions between member countries.
2. Independent trade policies: In a Free Trade Area, each country can establish its own trade policies with non-member countries, allowing them to maintain their autonomy in international trade.
3. Trade deflection concerns: This may lead to problems with trade deflection, where goods from non-member countries could be imported into a low-tariff member country and then re-exported to another member country with higher tariffs, bypassing those tariffs.
The other options (A, B, and C) involve deeper levels of economic integration, which would not allow each country to maintain their own independent trade policies, making them less suitable for Country X's requirements. Hence, the correct answer is option D.
Note: The question is incomplete. The complete question probably is: Country X wants to encourage trade by eliminating trade barriers with the three countries along its borders. However, Country X wants each of the countries to be able to establish their own trade policies even though this may lead to problems with trade deflection. Which form of economic integration is Country X most likely considering? A) economic union B) common market C) customs union D) free trade area.
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Describe at least two factors you could consider helping decide how much inventory to keep in stock of an item at a store.
Answer:
Lead Time
Holding cost
Explanation:
Two factors that should be considered in determining the level of inventory to keep in stock of an item at a store are the lead time and Holding cost
Lead time : Lead time is defined as the length of time between when an order for an item is placed and when it is delivered . This is very important in order to avoid down time during operation , To this effect , an adequate level of inventory that should last the operation during the lead time should be kept in stock as re-order level
Holding cost : This is the cost involved in keeping inventory in stock . Being a variable cost , the higher the volume of inventory , the higher the cost. This cost should be considered alongside other operation related factors like the lead time factors to ensure that its effect on the net income of the company is not overwhelming.
What was the impact of the entry of the united states into world war one Germany faced a greater number of allied troops as more than a millon amercain
Answer:
The United States decided to remain neutral during the Great War, which began in 1914 after the assassination of Archduke Franz Ferdinand of Austria-Hungary. This because they considered that it was a European conflict, which did not influence the commercial or political interests of America.
Now, after a series of diplomatic altercations with Germany, such as the Zimmermann Telegram and the sinking of the Lusitania, on April 6, 1917, America entered the war. Thus, 2 million American soldiers joined the allied forces, mainly British, French and Russian, who were fighting in the Old Continent. This new number of soldiers, without participation in previous combats, tipped the balance for the allied side, given that the forces of the Central Powers were already exhausted and without resupply capacity.
Solution toQuestion 2. On completion of writing up the books,the following matter are bought to attention; a stock of food and drink at 28th February 2012 are value at $250
The stock of food and drink at 28th February 2012 has a value of $250. This information should be included in the accounting records as it represents a current asset, specifically inventory.
The value of inventory should be recorded in the balance sheet and used in calculating the cost of goods sold for the period. It is important to keep track of inventory to ensure that it is not overstocked or understocked, which can affect profitability.
1. The question states that on completion of writing up the books, it's noted that there's a stock of food and drink.
2. The value of this stock at 28th February 2012 is given as $250.
3. Therefore, the solution to question 2 is that the value of the stock of food and drink at 28th February 2012 is $250.
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Jamie is researching places to live after graduating college he asked you I keep coming across as phrase cost-of-living I’ve never heard of it before do you know what it means which of the following definitions would you choose to explain to Jamie about cost-of-living means
Answer:
The cost of living refers to the prices of goods and services needed to sustain an average level standard of living in an area
Explanation:
The cost of living refers to the cost of keeping up with a given standard of living. It is the amount Jamie would need to keep up with basic expenses such as food, housing, clothing and medical care. Cost of living compares the expense between living in two different areas. Jamie's cost of living is tied to his wages and it can be measured using what is called purchasing power parity.
A tax that takes a higher percentage of income from people with lower
incomes is a
A. progressive tax
B. deductive tax
C. dependent tax
D. regressive tax
A regressive tax is a tax that takes a higher percentage of income from people with lower incomes. Hence, option D is correct.
What is regressive tax?When the overall tax burden drops as income increases, the tax is said to be regressive. While middle- and high-income taxpayers suffer a proportionally smaller part of the tax burden, low-income taxpayers bear a disproportionately large share.
Every taxpayer, regardless of economic level, pays the same amount of money, a regressive tax may initially seem to be a fair method of taxing residents. A closer analysis reveals that such a tax results in lower-income persons paying a bigger percentage of their income than do wealthy ones.
Thus, option D is correct.
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What is Woolworths environmental impact in relation to the triple bottom line
Woolworths has disclosed the results of its participation in the statewide MySchool initiative as part of the triple-bottom-line reporting that the company is required to complete. Too far, R23 million has been generated for educational institutions and dispersed as a result of a project that incorporates a number of retail partners.
This is further explained below.
What are educational institutions?Generally, Preschools, daycare, elementary-middle schools, secondary-high schools, and universities are educational institutions. They provide several learning locations and surroundings.
In conclusion, Woolworths has disclosed the outcomes of its involvement in the national MySchool initiative as part of its triple-bottom-line reporting. This project, which includes many shop partners, has so far raised and given R23 million to schools.
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The study of group __________ helps us to recognize the formation of a group and states how the group should be organized, lead and promoted. Fill in the blank.
Answer:
dynamics
Explanation:
Group dynamics is a term that is used in describing the formation and the actual nature or characteristics of a group in connection to every member of the group and or in relation to how the group interacts with other groups.
Hence, the study of group DYNAMICS helps us to recognize the formation of a group and states how the group should be organized, lead, and promoted.
When the Group of dynamics may be a term that's utilized in describing the formation and also the actual nature or characteristics of a bunch in connection to each member of the group and or in respect to how the group interacts with other groups.
DynamicsHence, the study of social psychology that is Dynamics helps us to acknowledge the formation of a gaggle and states how the group should be organized, lead, and promoted.
Thus, the correct answer is Dynamics
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How do credit card companies use a person's credit report?
A.) To determine if that person should be given a loan or credit card
B.) To calculate how much interest the person is owed on their account
C.) To help them figure out ways to pay off their outstanding debt
D.) To figure out if that person has been using a budget
Answer:
The answer is the letter A
Answer:
A
Explanation:
HELPPPP. Which of the following businesses would probably not have a change fund?
(A) drugstore.
(B) supermarket.
(C) lawyer’s office.
(D) newsstand.
Answer:
C. Lawyer's office
Explanation:
A change fund consists of bills and coins that are used to make change for cash transactions.
Which one of these positions within a company deals directly with customers
the most?
Answer:
front-line staff
Explanation:
just took the quiz (vote brainliest plssss)
Answer:
A. Senior management.
B. Frontline staff.
C. Support staff.
D. Middle management.
The fixed overhead volume variance is the difference between the budgeted fixed overhead and the standard fixed overhead cost allocated to production. the actual overhead. the budgeted variable overhead. the budgeted fixed overhead in the static budget.
The correct statement is: the fixed overhead volume variance is the difference between the budget fixed overhead and the standard fixed overhead cost allocated to production.
the fixed overhead volume variance is the difference between the budgeted fixed overhead and the standard fixed overhead cost allocated to production.
the fixed overhead volume variance measures the impact of the difference in production volume from the budgeted level on the fixed overhead costs. it indicates whether the actual production volume was higher or lower than the budgeted level and how it affected the fixed overhead costs.
to calculate the fixed overhead volume variance, the standard fixed overhead cost per unit is multiplied by the difference between the budgeted production volume and the actual production volume. the result represents the variance in fixed overhead costs that can be attributed to the difference in production volume.
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payne products had $2.4 million in sales revenues in the most recent year and expects sales growth to be 25% this year. payne would like to determine the effect of various current assets policies on its financial performance. payne has $3 million of fixed assets and intends to keep its debt ratio at its historical level of 45%. payne's debt interest rate is currently 8%. you are to evaluate three different current asset policies: (1) a restricted policy in which current assets are 45% of projected sales, (2) a moderate policy with 50% of sales tied up in current assets, and (3) a relaxed policy requiring current assets of 60% of sales. earnings before interest and taxes are expected to be 11% of sales. payne's tax rate is 35%. what is the expected return on equity under each current asset level? round your answers to two decimal places. tight policy % moderate policy % relaxed policy % in this problem, we have assumed that the level of expected sales is independent of current asset policy. is this a valid assumption? i. no, this assumption would probably not be valid in a real world situation. a firm's current asset policies may have a significant effect on sales. ii. yes, this assumption would probably be valid in a real world situation. a firm's current asset policies have no significant effect on sales. iii. sales are controlled only by the degree of marketing effort the firm uses, irrespective of the current asset policies it employs. iv. the current asset policies followed by the firm mainly influence the level of long-term debt used by the firm. v. the current asset policies followed by the firm mainly influence the level of fixed assets. ii why or why not? the input in the box below will not be graded, but may be reviewed and considered by your instructor. blank how would the overall risk of the firm vary under each policy? the input in the box below will not be graded, but may be reviewed and considered by your instructor.
The expected return on equity under each current asset policy can be calculated as follows: (1) restricted policy: 15.95%, (2) moderate policy: 16.50%, (3) relaxed policy: 16.99%. These calculations are based on the formula: EBIT*(1-tax rate)/(total assets-total fixed assets)*equity multiplier. The assumption that the level of expected sales is independent of current asset policy is not a valid assumption in a real-world situation because current asset policies can affect sales by influencing a firm's ability to meet demand and fulfill orders.
The overall risk of the firm may vary under each policy depending on factors such as the level of inventory and accounts receivable, which could impact cash flow and liquidity. A more relaxed policy may increase the risk of inventory obsolescence or bad debt, while a more restricted policy may lead to missed sales opportunities.
To calculate the expected return on equity under each current asset level for Payne Products, first, project sales for this year: $2.4 million x 1.25 = $3 million. Next, determine the total assets under each policy: (1) restricted at 45%, (2) moderate at 50%, and (3) relaxed at 60%. Then, compute total debt and equity using the 45% debt ratio. Calculate interest expense, net income, and finally, return on equity (ROE).
Expected ROE for each policy is as follows:
1. Tight policy: 16.69%
2. Moderate policy: 14.94%
3. Relaxed policy: 13.47%
The assumption that the level of expected sales is independent of current asset policy is likely not valid in a real-world situation. A firm's current asset policies may significantly affect sales. Overall risk may vary under each policy, with a tighter policy generally resulting in higher risk due to lower liquidity, while a more relaxed policy reduces risk by providing more liquidity.
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jayden, a divisional vice president of a consumer goods manufacturer, gives a presentation to all divisional employees to outline the company's goals for the coming year. this is an example of what type of organizational communication?
This is an example of downward communication that is a type of organizational communication.
Which communication techniques are used downward?Downward communication is the term used to describe the flow of information and communications from managers to those who report to them. In other words, downward communication happens when upper-level employees speak with lower-level employees in a company.
What does "Upward and Downward Communication" mean?While downward communication is used to convey commands to lower-level employees regarding their duties or corporate regulations, upward communication is used to allow employees to provide feedback or suggestions to authoritative company officials.
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the original cost of the asset less the accumulated depreciation is the
Answer:
Book value
Explanation:
The Net Cost is the derived after the accumulated depreciation is deducted from original cost of the asset.
The Net cost is what is been derived after taking into account depreciation on the assets.
In other word, the Net cost refers to the gross cost of an object which is reduced by any expenses incurred from owning the object.
The Net cost will be derived after the gross cost of an office equipment minus the its salvage value.
Therefore, the Net Cost is the derived after the accumulated depreciation is deducted from original cost of the asset.
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suppose that walls fergo bank currently has $150,000 in demand deposits and $97,500 in outstanding loans. assume the federal reserve has the reserve requirement set at 10%.
The bank can issue is equal to the excess reserves plus the outstanding loans is $97,500.
What is loan?A loan is a sum of money that is borrowed from a lender and must be repaid with interest over a specified period of time. It is a type of credit that people and businesses use to purchase goods or services when they do not have enough money to do so immediately.
The reserve requirement is 10%, so for every $100 of demand deposits, Walls Fergo Bank must keep $10 in reserves.
Therefore, Walls Fergo Bank must keep $15,000 in reserves ($150,000 x 10%).
The amount of excess reserves is calculated by subtracting the required reserves from the actual reserves.
Actual reserves = $15,000
Required reserves = $15,000
Excess reserves = $0
The total amount of loans the bank can issue is equal to the excess reserves plus the outstanding loans.
Total Loans = Excess Reserves + Outstanding Loans
Total Loans = $0 + $97,500
Total Loans = $97,500
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
A marketer is keeping track of the revenue generated by his campaign. He wants to
see a specified return-on-investment for his monthly ad spend.
Which type of automated bidding strategy will meet his needs?
An awareness-based bidding strategy
A conversion-focused bidding strategy
A revenue-focused bidding strategy
A consideration-focused bidding strategy
Answer:
C). A revenue-focused bidding strategy.
Explanation:
As per the details given in the question, 'a revenue-focused bidding strategy' will most likely assist the marketer in upkeeping his needs as his key focus is to discern a particular return on his investment that he made for the monthly ad spend made by him. This automated strategy of bidding will allow him to keep track of the revenue and escalate the return. Thus, option C is the correct answer.
which of the following is the major product of the following reaction? a) i b) i and ii c) i and iii d) ii e) iii excess hbr
It is an example of HBr addition to triple bond to produce geminal dibromide (Option A).
What do you mean by triple bond?
In chemistry, a triple bond is a covalent single bond between two atoms that involves six bonding electrons as opposed to the typical two in a covalent single bond. With a bond order of three, triple bonds are stronger than the corresponding single bonds or double bonds.
What occurs when an alkyne is combined with HBr?An alkyne transforms into vinyl bromide when exposed to 1 equivalent of HBr in the presence of oxygen, peroxides, or UV light. Alkyl halides are produced by adding HBr to alkenes. The pi bond of the alkene functions as a weak nucleophile and reacts with the electrophilic proton of HBr, which is a helpful way to conceptualize the reaction.
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First, we need to figure out how much you want to borrow. You said you wanted to spend $5,000, and you will put $500 down. Based on that, we can estimate your taxes to be $340. Put those numbers into the calculator and press calculate to see how much money you will need for your loan.
"$4840" will be the total amount for the loan.
To "borrow" a thing means to use it with the purpose of giving it back. "Loan" is a word that can refer to either the act of giving anything to anyone or a number of funds it must be repaid with interest. That basically implies you can't say you're "borrowing" anything from anyone.
From the information that is provided:
Money that is spent = $5000
Down payment made = $500
The amount of taxes = $340
The total amount for the loan that is taken is
= 5000 - 500 +340
= $4840
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A card issued by a bank that allows users to finance
a purchase.
Credit card
Debit card
Answer: Credit Card
Explanation:
Debit cards allow you to spend money by drawing on funds you’ve deposited at the bank.
Credit cards allow you to borrow money from the card issuer up to a certain limit in order to buy items or withdraw cash.
I hope this helps!
Joni, a college student, has $400 worth of expenses monthly. How much should she save be financially secure?
Answer:
200 i think sorry if im wrong
Explanation:
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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Of the cartons produced by a company, % have a puncture, % have a smashed corner, and % have both a puncture and a smashed corner. Find the probability that a randomly selected carton has a puncture or a smashed corner.
After Using Venn probabilities, it is found that:
The chance that a randomly selected carton has a puncture or a smashed corner is 15.6%.
In probability, a Venn diagram is a parent with one or more circles inside a rectangle that describes logical relations between events. The rectangle in a Venn plan represents the sample space or the well-known set, that is, the set of all possible outcomes.
In this problem, the activities are:
Event A: Puncture.
Event B: Smashed corner.
The "or" probability is given by:
10% have a puncture, subsequently
6% have a smashed corner, consequently .
0.4% have each a puncture and a smashed corner, hence .
Then:
The likelihood that a randomly chosen carton has a puncture or a smashed nook is 15.6%.
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https://brainly.com/question/24707032#SPJ4Which of the following best describes the concept of scarcity?
a. Resources are unlimited but there is a scarcity of uses for them.
b. Resources are scarce when compared to the demand for them.
c. There is a scarcity of funding for resource conservation.
d. Resources and resource needs are equally scarce.
Scarcity is best defined as the lack of resources relative to the demand for them. The right response in this case is option B.
The idea of scarcity relates to the notion that resources are finite and that there is not enough supply to satisfy demand. This implies that in order to satisfy their needs and desires, people, organizations, and governments must decide how to divide resources.
Because human desires and demands are limitless yet there aren't enough resources to satisfy them, there is a basic economic issue known as scarcity. This implies that people have to prioritize their needs and wants and decide how to use their limited resources to satisfy those needs and goals.
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Leon, Mia, Nestor, and Orina are employees of different-sized employers in different industries. Under the Fair Labor Standards Act, all employees in covered industries must be paid per houra minimum wage.
Employers of various sizes and in various sectors employ Leon, Mia, Nestor, and Orina. All workers in covered industries must receive a minimum wage per hour, according to the Fair Labor Standards Act.
A statute in the United States called the Fair Labor Standards Act (FLSA) was created to safeguard workers against particular unfair wage practices. As a result, the FLSA outlines a number of labor laws pertaining to employment in interstate commerce, such as minimum wages, requirements for overtime compensation, and restrictions on child labor.
One of the most crucial laws for businesses to comprehend is the FLSA, which was created in 1938 and has seen multiple amendments since then. It lays out a broad range of guidelines for how to deal with employees, whether they are salaried or paid by the hour.
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