Answer:
An employee paid a standardized weekly salary, whose job duties leave him/her eligible for overtime if he/she works more than 40 hours in the workweek.
Employers typically have such employees NOT submit weekly timecards, but forms that claim paid leave if they work less than 40 hours and claim overtime if they work more than 40. Still, federal law REQUIRES that overtime eligible employees submit weekly reports of daily hours EVERY WEEK, and imposes penalties if employers don't.