Final answer:
Managers and other employees not covered by FLSA overtime pay requirements are known as exempt employees. They typically hold positions involving independent judgment and meet certain FLSA criteria, unlike nonexempt employees who must receive overtime pay. The correct answer is option A.
Step-by-step explanation:
Managers and other employees who are not covered by the FLSA requirement for overtime pay are known as exempt employees. These employees typically hold positions that require independent judgment on significant matters, are salaried, and meet certain criteria laid out by the Fair Labor Standards Act (FLSA), which thereby exempt them from overtime pay requirements. Conversely, nonexempt employees are those who are covered by FLSA regulations and thus must be paid overtime if they work more than 40 hours in a week.