CNST 241 Exam 1 Questions and
Answers (Latest Update 2026)
The two main assests which determine a contractors ability to
perform work are -
correct answer ✅people and Equipment
When a contractor bids a project that has a unit and unit price
contract, all of the quantities on the project are provided by the
engineer of record before the project is bid. -
correct answer ✅true
When comparing different equipment options on a project to
determine the most cost effective option you will have to complete
a cost ____________ analysis. -
correct answer ✅benefit
The internal combustion engine was developed before the steam
powered engine. -
correct answer ✅false
Equipment technology has advanced over the past 20 years and
GPS guided equipment is no more common. The term GPS stands
for global _______________ system. -
correct answer ✅positioning
,CNST 241 Exam 1 Questions and
Answers (Latest Update 2026)
Earthwork contractors take many risks when working on a project.
True of False: One of the risks that have to be concerned with is the
time of the year the project is being constructed? -
correct answer ✅true
In most cases, a piece of equipment does not work as a stand alone
unit. Machines normally work in a linked production system as a
group of machines. This is commonly referred to as an equipment
__ -
correct answer ✅spread
Which of the OSHA's "Fatal Four" categories of causes of death
include construction workers killed when caught-in or compressed
by equipment or objects, and struck, caught, or crushed in
collapsing structure, equipment, or material -
correct answer ✅Caught-in/between
Cash flow diagrams: When drawing an arrow on the cash flow
diagram that represents a future salvage value the arrow should be
drawn above or below the horizontal time axis? -
correct answer ✅above
, CNST 241 Exam 1 Questions and
Answers (Latest Update 2026)
Cost or payments that differ in magnitude and are incurred at
different times are not equal, but they could be -
correct answer ✅equivalent
A cost that repeats annually and is the same in magnitude each
year is called a _________________ cost. -
correct answer ✅uniform
You are drawing a cash flow diagram to help determine the cost to
purchase a new piece of equipment. The life of the machine is
anticipate to be 10 years. At what period do you draw the arrow
that represents the purchase price. -
correct answer ✅0
Your company has owned their current excavator for 10 years. The
annual property tax that is paid to that AHJ's is considered which
type of cost? -
correct answer ✅uniform
You are drawing a cash flow diagram to help determine the cost to
purchase a new piece of equipment and you want to ensure you
are taking into account the annual maintenance cost. The arrows
representing the annual maintenance cost will be drawn at the
Answers (Latest Update 2026)
The two main assests which determine a contractors ability to
perform work are -
correct answer ✅people and Equipment
When a contractor bids a project that has a unit and unit price
contract, all of the quantities on the project are provided by the
engineer of record before the project is bid. -
correct answer ✅true
When comparing different equipment options on a project to
determine the most cost effective option you will have to complete
a cost ____________ analysis. -
correct answer ✅benefit
The internal combustion engine was developed before the steam
powered engine. -
correct answer ✅false
Equipment technology has advanced over the past 20 years and
GPS guided equipment is no more common. The term GPS stands
for global _______________ system. -
correct answer ✅positioning
,CNST 241 Exam 1 Questions and
Answers (Latest Update 2026)
Earthwork contractors take many risks when working on a project.
True of False: One of the risks that have to be concerned with is the
time of the year the project is being constructed? -
correct answer ✅true
In most cases, a piece of equipment does not work as a stand alone
unit. Machines normally work in a linked production system as a
group of machines. This is commonly referred to as an equipment
__ -
correct answer ✅spread
Which of the OSHA's "Fatal Four" categories of causes of death
include construction workers killed when caught-in or compressed
by equipment or objects, and struck, caught, or crushed in
collapsing structure, equipment, or material -
correct answer ✅Caught-in/between
Cash flow diagrams: When drawing an arrow on the cash flow
diagram that represents a future salvage value the arrow should be
drawn above or below the horizontal time axis? -
correct answer ✅above
, CNST 241 Exam 1 Questions and
Answers (Latest Update 2026)
Cost or payments that differ in magnitude and are incurred at
different times are not equal, but they could be -
correct answer ✅equivalent
A cost that repeats annually and is the same in magnitude each
year is called a _________________ cost. -
correct answer ✅uniform
You are drawing a cash flow diagram to help determine the cost to
purchase a new piece of equipment. The life of the machine is
anticipate to be 10 years. At what period do you draw the arrow
that represents the purchase price. -
correct answer ✅0
Your company has owned their current excavator for 10 years. The
annual property tax that is paid to that AHJ's is considered which
type of cost? -
correct answer ✅uniform
You are drawing a cash flow diagram to help determine the cost to
purchase a new piece of equipment and you want to ensure you
are taking into account the annual maintenance cost. The arrows
representing the annual maintenance cost will be drawn at the
