25
practice examMultiple Choice

Practice Exam

Question 25 • Personal Finance

Which is a guaranteed benefit available to non-exempt full-time employees?

Answer
A
401K
B
Flexible Spending Account
C
Life insurance
D
Overtime pay

Explanation

Non-exempt employees are covered by wage-and-hour rules that require overtime pay when they work more than 40 hours in a workweek, subject to applicable exceptions. A flexible spending account, a 401(k), and life insurance are employer benefits that are not guaranteed simply because an employee is non-exempt and full-time.

AI-written and checked against the verified answer.

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