VA Contractor General Studienführer, Klassennotizen & Zusammenfassungen

Contractors Business/Law Exam 2023 Questions and Answers If an employer's Federal Payroll Tax liability is $1000 how may they pay taxes? - ANS ️️ quarterly How many employees does it take for the Fair Labor Act to be applied? - ANS ️️ 1 What accounting method records income when the service occurs and expense when they are incurred? - ANS ️️ Accrual Method What do the General Conditions of a contract do? - ANS ️️ Outline roles of the owner, architect, and engineer. You...

VA Contractors: General (Class A or B) Exam Questions and Answers Which of the following estimating methods is typically used by the architect rather than the contractor? - ANS ️️ Conceptual estimate An agreement that calls for a contractor to be paid actual costs for labor and materials plus a fixed fee for the contractor's overhead and profit is called a... - ANS ️️ cost plus contract Equipment needs for a project are BEST estimated by... - ANS ️️ Calculating the number of...

VA Contractors: Virginia (Class A or B) Exam Questions and Answers All Class A contractor licensure applications MUST include... - ANS ️️ Information on the knowledge, skills, and abilities of the applicant Which of the following is a requirement for a joint venture? - ANS ️️ Either the joint venture or each contracting party of the joint venture must be licensed All of the following must be licensed EXCEPT... - ANS ️️ A material supplier who advises a contractor Payments mad...

VA Contractor General Questions and Answers 2023 A contractor does not notify a change of address and so does not receive a timely Notice of Renewal. Who is responsible for when the contractor does not renew his license on time? - ANS ️️ The Licensee Contractor A Designated Employee should be? - ANS ️️ At least 18, Full Time, Passed Required Exams What is the initial Recovery Fund fee? - ANS ️️ $25.00 If a contractor ears more that $_______ per year, then the contractor is req...

VA Contractor General Questions and Answers 2023 A contractor does not notify a change of address and so does not receive a timely Notice of Renewal. Who is responsible for when the contractor does not renew his license on time? - ANS ️️ The Licensee Contractor A Designated Employee should be? - ANS ️️ At least 18, Full Time, Passed Required Exams What is the initial Recovery Fund fee? - ANS ️️ $25.00 If a contractor ears more that $_______ per year, then the contractor is req...

Construction Management 3014 Virginia Tech Exam 1 Questions and Answers construction industry vs. manufacturing - ANS ️️ manufacturing produces products and then sells. construction starts with a customer need and the product is built to fill the need. sectors of construction industry (4) - ANS ️️ infrastructure, commercial, residential, industrial main players in construction project (3) - ANS ️️ owner, designer, constructor stages of construction lifecycle - ANS ️️ 1)ne...

VA Business' Exam Practice Questions and Answers 2023 A designated employee should be? a) any full time worker b) At least 18 years old, full time employee, has passed required examination c) at least 18 years old and 5 years experienced for Class A d) the owner - ANS ️️ b) At least 18 years old, full time employee, has passed required examination A contractor does not notify a change of address and so does not receive a timely Notice of Renewal. Who is responsible when the contract...

VA Broker 45-Hour Brokerage Course Exam Prep: Management, Staffing, Development, Operations Effective leaders speak the _______. - ANS ️️ Truth Why should a brokerage participate in a charitable cause? - ANS ️️ To show it cares for the community; to give back Leaders tend to be more _______ -focused. - ANS ️️ People Managers tend to be more ________ -focused. - ANS ️️ Process Which two management styles are similar in their demand for action, are effective in crises, and ...

WV LICENSING Exam Questions with correct Answers Construction projects are defined by which three factors? - ANS ️️ 1. Scope 2. Budget 3. Schedule In a traditional design/bid/build (D/B/B) project, a project's life cycle will begin with what? - ANS ️️ D/B/B BEGINS WITH THE INITIATION OF PLANNING AND DESIGN What are the major duties of Construction Manager? - ANS ️️ CONSTRUCTION MGR (CM) AKA CONSTRUCTION PROJECT MANAGER (CPM) : PLANS - DIRECTS - BUDGETS - MANAGES PROJECT C...

Virginia PSI Real Estate Exam Prep 2024 Acceleration Clause - ANS ️️ A clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. The most common reasons for accelerating a loan are if the borrower defaults on the loan or transfers title to another individual without informing the lender. Adjustable Rate Mortgage (ARM) - ANS ️️ A mortgage in which the interest changes periodically, according to corresponding fluctuations i...