CSLB PRACTICETEST2024 QUESTIONSWITH 100% v v v v v v
CORRECT ANSWERS v v
The costs of running your business, including office expenses, etc., is called:
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a. Direct Costs v
b. Overhead
c. A liability
v
d. Accrual - correct answer-b. Overhead v v v v
Which government agency collects State Unemployment Tax?
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a. Employment Development Department v v
b. County Unemployment Office v v
c. FranchiseTax Board v v
d. Internal Revenue Service - correct answer-a. Employment Development Department
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Who does not need a California Contractor's State License?
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a. Someone who repairs or maintains an air-conditioning unit or heat-pump unit.
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b. Someone who installs mobile-homes v v v
c. Someone who digs wells on the property of others v v v v v v v v
d. Sale or installation of finished products that do not become a fixed part of the structure -
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vcorrect answer- v
d. Sale or installation of finished products that do not become a fixed part of the structure
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Which of the following is not part of a Home-Improvement Contract?
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a. Mechanic's Lien Warning v v
, b. Notice of Cancellation v v
c. Twenty-Day Preliminary Notice v v
d. All of the above. - correct answer-c. Twenty-Day Preliminary Notice
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Prime Contractor must pay subcontractor when?
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a. 10-daysRafter Prime-contractor received payment v v v
b. When Prime-contractor receives withheld retention monies
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c. 30-days after completion v v
d. As soon as subcontractor completes the work - correct answer-a. 10-days after Prime-
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contractor received payment
v v v
The Contractor's Surety Bond is necessary for most contractors to obtain their license. This bond is in th e
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amount of:
v v
a. $2,500
b. $7,000
c. $15,000
d. $25,000 - correct answer-c. $15,000 v v v v
How long with the CSLB hold a contractor responsible for observable defects?
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a. 5-years
b. 4-years
c. 3-years
d. 2-years - correct answer-b. 4-years v v v v
In which of the following circumstances must a licensed contractor provide their license number?
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CORRECT ANSWERS v v
The costs of running your business, including office expenses, etc., is called:
v v v v v v v v v v v
a. Direct Costs v
b. Overhead
c. A liability
v
d. Accrual - correct answer-b. Overhead v v v v
Which government agency collects State Unemployment Tax?
v v v v v v
a. Employment Development Department v v
b. County Unemployment Office v v
c. FranchiseTax Board v v
d. Internal Revenue Service - correct answer-a. Employment Development Department
v v v v v v v v
Who does not need a California Contractor's State License?
v v v v v v v v
a. Someone who repairs or maintains an air-conditioning unit or heat-pump unit.
v v v v v v v v v v
b. Someone who installs mobile-homes v v v
c. Someone who digs wells on the property of others v v v v v v v v
d. Sale or installation of finished products that do not become a fixed part of the structure -
v v v v v v v v v v v v v v v v
vcorrect answer- v
d. Sale or installation of finished products that do not become a fixed part of the structure
v v v v v v v v v v v v v v v v
Which of the following is not part of a Home-Improvement Contract?
v v v v v v v v v v
a. Mechanic's Lien Warning v v
, b. Notice of Cancellation v v
c. Twenty-Day Preliminary Notice v v
d. All of the above. - correct answer-c. Twenty-Day Preliminary Notice
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Prime Contractor must pay subcontractor when?
v v v v v
a. 10-daysRafter Prime-contractor received payment v v v
b. When Prime-contractor receives withheld retention monies
v v v v v
c. 30-days after completion v v
d. As soon as subcontractor completes the work - correct answer-a. 10-days after Prime-
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contractor received payment
v v v
The Contractor's Surety Bond is necessary for most contractors to obtain their license. This bond is in th e
v v v v v v v v v v v v v v v v v v
amount of:
v v
a. $2,500
b. $7,000
c. $15,000
d. $25,000 - correct answer-c. $15,000 v v v v
How long with the CSLB hold a contractor responsible for observable defects?
v v v v v v v v v v v
a. 5-years
b. 4-years
c. 3-years
d. 2-years - correct answer-b. 4-years v v v v
In which of the following circumstances must a licensed contractor provide their license number?
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