Which of the following is true regarding exempt employees?

The statement regarding exempt employees that is true is that they typically have high-level job duties. Exempt employees are usually categorized under specific criteria set by the Fair Labor Standards Act (FLSA) and are not entitled to overtime pay. These employees often hold positions that involve executive, administrative, or professional duties, which require independent judgment and decision-making capabilities. Their roles generally include responsibilities that demonstrate a higher level of expertise and require specialized knowledge, which justifies their exempt status.

The idea that exempt employees can be easily reclassified to non-exempt does not reflect the complexities involved in determining employee classifications, as there are specific criteria that must be met. Similarly, exempt status does not guarantee that an employee is full-time, as part-time workers can also be classified as exempt under certain circumstances. Therefore, the most accurate characterization is that exempt employees typically engage in high-level job functions.