According to Alberta Employment Standards, all of the following are true in respect of overtime except one. Identify the EXCEPTION Select one: a. Some employers and employees agree to replace overtime pay with time off with pay b. An overtime agreement allows overtime hours to be banked and later taken off with pay. Time off with pay, is banked at a rate of 1.5 hours for every overtime hour worked c. A number of industries and occupations are subject to variations in daily and weekly hours worked before overtime is payable. d. Overtime must be paid at the rate of least 2 times the employee's regular wage rate