Which document outlines the minimum wage for service employees under federal contracts?

The Service Contract Act is the correct choice because it specifically addresses the minimum wage requirements for service employees working under federal contracts. This federal legislation mandates that contractors and subcontractors performing services on federal contracts must pay their employees no less than the wage rates and fringe benefits specified in the law, ensuring fair compensation for workers involved in government service contracts.

The Act applies to various contracts and is focused on protecting the wages of workers in service industries, which is its primary purpose. The provisions of the Service Contract Act set a framework for determining wage rates, including the categorization of job classifications and the establishment of salaries that meet or exceed the prevailing wage in the area where the work is performed.

Other options, while they may relate to wage issues or financial regulations in varying contexts, do not specifically pertain to the minimum wage for service employees under federal contracts. For instance, audit reports generally cover financial assessments and compliance checks rather than wage rates, the Yellow Book focuses on government auditing standards, and prevailing wage standards can refer to broader wage levels without the specific focus on service contracts as enacted by the Service Contract Act.