150 ACCURATE EXAM QUESTIONS WITH ANSWERS AND A
STUDY GUIDE | EXPERT VERIFIED FOR GUARANTEED PASS
Which of the following needs a California Contractor's License?
a. Moving a mobile home
b. Owner-builder
c. Registered architect/engineer
d. Installation of finished products that do no become a permanent fixture to the property.
a. Moving a mobile home
State Sales Tax and Use Taxes are collected from customers, then reported and sent to: a.
Internal Revenue Service
b. Franchise Tax Board
c. State Board of Equalization
d. None of the above
c. State Board of Equalization
During a declared state of emergency how much may a contractor increase his/her prices?
a. Contractor is not allowed to increase prices at all.
b. 15% above the prices just prior to the declared state of emergency
c. As much as the client is willing to pay
d. 10% above the price just prior to the declared state of emergency
d. 10% above the price just prior to the declared state of emergency
Which of the following would be protected by a Contract Bond?
a. A client damaged by the contractor's violation of the contract
b. Any person damaged by contractor fraud
c. Any person damaged by a contractor's failure to pay wages d.
All of the above
d. All of the above
A Stop Notice is a?
a. Lien on the funds
,b. A notice to stop the work
c. A required legal notice that the Prime contractor sends to the property owner, agent, or lender.
d. None of the above
a. Lien on the funds
A new-hire will fill out an _____ form to verify their employment eligibility status.
a. 1099
b. DE-1
c. US-99
d. I-9
d. I-9
If an employee quits, wages are due within ____ hours.
a. 24-hours
b. 48-hours
c. Immediately
d. 72-hours
d. 72-hours
A strike is when ___% or more of the employees legally refuse to perform their work.
a. 10
b. 25
c. 50
d. 80
c. 50
A lockout is when an employer refuses ____ or more employees to work because of a dispute.
a. 20
b. 15
c. 10
d. 5
d. 5
An employee who works ___ weeks during a calendar year is eligible for FUTA.
a. 4
b. 8
c. 16
d. 20
,d. 20
Which of the following may qualify for more than one active California Contractor's License?
a. 10% Partner
b. Sole Proprietor
c. RME
d. RMO with 15% ownership
b. Sole Proprietor
Which is true of an inactive license?
a. Is given to retired contractors
b. Must be renewed every 4-years
c. The contractor can only contract for jobs under $100
d. Is given to contractors who lose their license
b. Must be renewed every 4-years
Which of the following is an asset on a Balance Sheet?
a. Accounts Receivable
b. Accounts Payable
c. Equity
d. Income
a. Accounts Receivable
DOSH issues permits for digging trenches ____ft or more deep.
a. 24
b. 12
c. 6
d. 5
d. 5
If a contractor includes a provision in a contract for the use of private arbitration and a dispute
between the owner and the contractor makes arbitration necessary, who will bear the cost of the
private arbitration?
a. The California Contractor's License Board
b. The property owner
c. The prime contractor
d. The property owner and the prime contractor will split the cost of the private arbitration
d. The property owner and the prime contractor will split the cost of the private arbitration
, State Disability Insurance is paid by:
a. Employees only
b. Employers only
c. Both employers and employees
d. Neither employers nor employees
a. Employees only
A contractor estimates labor and materials costs for a job to be $2,500.00. Allowing for 15%
overhead and 18% profit, what should the total bid be?
a. $3,222.00
b. $3,731.00
c. $3,018.00
d. $3,825.00
b. $3,731.00
Who is responsible for determining when the project is complete?
a. The prime contractor
b. The building inspector
c. The subcontractor
d. The owner or his/her agent
d. The owner or his/her agent
Which of the following need a California Contractor's License?
a. A mill worker who constructs cabinets
b. A civil service repairman
c. An individual who installs, repairs, or monitors a fire alarm system
d. A pool supply company
c. An individual who installs, repairs, or monitors a fire alarm system
If Robert, the sole proprietor of a painting company, applying for a license as an individual,
which of the following name-styles is not permitted by the California State License Board?
a. Robert Burroughs
b. Robert C. Burroughs Co.
c. Burroughs Painting Co.
d. Robert Burroughs, INC.
d. Robert Burroughs, INC.