1. The Fair Labor Standards Act does not

A. require extra pay for Saturday and Sundays

B. offer minimum standards for wages and overtime entitlement

C. provide administrative procedures by which covered work time must be compensated

D. include provisions for child labor

2. Use of the LIFO inventory valuation method would be a good measure of the cost of a key chains that are sold in a bin at a theme park souvenir shop.

True

False