Docsity
Log inSign up
Docsity
Prepare for your exams
Prepare for your exams

Study with the several resources on Docsity

Earn points to download
Earn points to download

Earn points by helping other students or get them with a premium plan

Guidelines and tips
Guidelines and tips
Sell on Docsity
Sell on Docsity
Log inSign up

Prepare for your exams

Study with the several resources on Docsity

Find documents

Prepare for your exams with the study notes shared by other students like you on Docsity

Search Store documents

The best documents sold by students who completed their studies

Search through all study resources
Docsity AINEW

Summarize your documents, ask them questions, convert them into quizzes and concept maps

Explore questions

Clear up your doubts by reading the answers to questions asked by your fellow students

Earn points to download

Earn points by helping other students or get them with a premium plan

Share documents
download point icon20 Points

For each uploaded document

Answer questions
download point icon5 Points

For each given answer (max 1 per day)

All the ways to get free points
Get points immediately

Choose a premium plan with all the points you need

Study Opportunities

Choose your next study program

Get in touch with the best universities in the world. Search through thousands of universities and official partners

Community

Ask the community

Ask the community for help and clear up your study doubts

University Rankings

Discover the best universities in your country according to Docsity users

Free resources

Our save-the-student-ebooks!

Download our free guides on studying techniques, anxiety management strategies, and thesis advice from Docsity tutors

From our blog

Exams and Study
Go to the blog

Exam 1 Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1s, Exams of Business Ethics

American University (AU)Business Ethics

Exam 1 Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1st Edition Practice Test 1 Already Passed 1. FOB freight prepaid requires __________ to pay for shipping charges. A. Contractor B. Buyer C. Seller D. Subcontractor ✔✔Seller 2. Which of the following is not a member of the supervisory?

Typology: Exams

2024/2025

Available from 01/24/2025

WINGS_TO-FLY
WINGS_TO-FLY 🇺🇸

1

(1)

1.1K documents

1 / 43

Toggle sidebar

This page cannot be seen from the preview

Don't miss anything!

bg1
Exam 1 Prep NASCLA Contractor's
Guide to Business, Law, and Project
Management, Florida 1st Edition
Practice Test 1 Already Passed
1. FOB freight prepaid requires
__________ to pay for shipping
charges.
A. Contractor
B. Buyer
C. Seller
D. Subcontractor ✔✔Seller
2. Which of the following is not a
member of the supervisory?
pf3
pf4
pf5
pf8
pf9
pfa
pfd
pfe
pff
pf12
pf13
pf14
pf15
pf16
pf17
pf18
pf19
pf1a
pf1b
pf1c
pf1d
pf1e
pf1f
pf20
pf21
pf22
pf23
pf24
pf25
pf26
pf27
pf28
pf29
pf2a
pf2b

Partial preview of the text

Download Exam 1 Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1s and more Exams Business Ethics in PDF only on Docsity!

Exam 1 Prep NASCLA Contractor's

Guide to Business, Law, and Project

Management, Florida 1st Edition

Practice Test 1 Already Passed

  1. FOB freight prepaid requires __________ to pay for shipping charges. A. Contractor B. Buyer C. Seller D. Subcontractor ✔✔Seller
  2. Which of the following is not a member of the supervisory?

A. Foreman B. materials expediter C. Owner's representative D. Project manager ✔✔Project Manager

  1. __________ scheduling consists of dates, delivery dates, payment schedule and vacations. It is a simplified method. A. Calendar B. Bar chart
  1. Who pays into a worker's unemployment compensation? A. Property owner B. Building contractor C. Employer D. Employee ✔✔Employer
  2. A lump sum contract on a project has a total contact price of $260,000. Retainage has been held back at 10%. The contractor has received

progress payments for 75% of the project. The contractor submits a request for final payment should be for? A. More than $80, B. Less than $50, C. Between $50,001 and $60, D. Between $60,001 and $70,000 ✔✔More than $80,

  1. Which of the flowing is not a key characteristic of a sole proprietorship? A. termination at death of the

B. 1/

C. 7/

D. 1/7 ✔✔4/

  1. An EAP (Employee Assistance Program) is required to be in writing for ________employees or more. A. 2 B. 8 C. 10 D. 11 ✔✔ 11
  1. Who pays into FUTA (Federal Unemployment Tax Act)? A. Property owner B. Building contractor C. Employer D. Employee ✔✔Employer
  2. What is the purpose of just-in- time deliveries? A. Profit low and vandalism high B. Profit low and vandalism

a reward for owning an entrepreneurship? A. Flexibility of time B. making decisions C. Being your own boss D. managing cash flow ✔✔Managing Cash Flow

  1. Which of the following is not covered under the ADA? A. AIDS B. Drug addition

C. Alcohol addiction D. Paper cut ✔✔Paper Cut

  1. A job is estimated to cost $ million. However, two companies have a cap of $500,000. They can legally do this job if they ___________. A. Dissolve B. Become venture capitalist C. Joint venture D. It is an illegal activity ✔✔Joint Venture

C. Direct profit rewards D. Larger management base ✔✔Multiple decision makers

  1. _______ prohibits firing due to taking of property. A. Wage Garnishment Law B. Service contact act C. Walsh-Healy Act D. Davis-Bacon Act ✔✔Wage Garnishment Law
  2. The maximum number of shareholders permitted within

an S corporation is? A. 25 B. 55 C. 70 D. 100 ✔✔ 100

  1. An employee is generally subject to business instructions about all except which of the following? A. When B. Where

A. Signature B. Consideration C. Date D. Understanding ✔✔Understanding

  1. A ___________ is used when an owner contracts with one company to complete the construction process from the start to finish and purchase land. A. Single prime

B. Design/build C. Turnkey D. Fast-track ✔✔Turnkey

  1. If the contract is ambiguous, the interpretation will go against whom? A. The party who accepted the contact B. The party who wrote the contact C. The owner

void before work begins B. payment bond protections are permitted before work begin C. The payment bond can be less that a performance bond D. Subcontractors are not required to notify contractors with an intent to sue ✔✔Payment bond protections are void before work begins

  1. What is the total project overhead for a project that last 4 months and has the following costs? Labor is $5,000; materials are $10,000; equipment rentals are $2,000;

superintendent's annual salary is $40,000; office rent is $ per month; and office utilities are $400 per month. A. Between $12,000 and $16, B. Less than $12, C. Between $16, 000 and $20, D. More than $20,000 ✔✔40,000/12 = 3333.33 x 4 months Between $12,000 and $16,

  1. Exempt Forms W-4 expire on____________.