NASCLA PSI PRACTICE EXAM 2026-2027
QUESTIONS AND CORRECT ANSWERS GRADED
A+
What is the quick ratio or or acid test ratio for a company that has current assets of
$28,000, inventory of $4000, and current liabilities of $6000?
4/1 14-7
An EAP is required to be in writing for______employees or more.
11 12-3
Who pays into FUTA?
Employer 15-5
What is the purpose of just in time deliveries?
Profit high and vandalism low. 9-9
Ethics has to do with all but which of the following?
Lying to the customer. 5-2
, Which of the following is not a reward for owning a enterprise?
Managing cash flow 1-1
Which of the following is not covered under the ADA?
Paper cut. 11-7
A job estimated to cost $1 million. However, two companies have a Of $500,000.
They can legally do this job if they___?
Joint venture. 2-6
The standard make up in the construction industry is?
15%. 7-7
Which is not an advantage of a partnership?
Multiple decision makers. 2-2
___Prohibits firing due to taking of property.
Wage Garnishment law 11-8
The maximum number of shareholders permitted within an S corporation is?
QUESTIONS AND CORRECT ANSWERS GRADED
A+
What is the quick ratio or or acid test ratio for a company that has current assets of
$28,000, inventory of $4000, and current liabilities of $6000?
4/1 14-7
An EAP is required to be in writing for______employees or more.
11 12-3
Who pays into FUTA?
Employer 15-5
What is the purpose of just in time deliveries?
Profit high and vandalism low. 9-9
Ethics has to do with all but which of the following?
Lying to the customer. 5-2
, Which of the following is not a reward for owning a enterprise?
Managing cash flow 1-1
Which of the following is not covered under the ADA?
Paper cut. 11-7
A job estimated to cost $1 million. However, two companies have a Of $500,000.
They can legally do this job if they___?
Joint venture. 2-6
The standard make up in the construction industry is?
15%. 7-7
Which is not an advantage of a partnership?
Multiple decision makers. 2-2
___Prohibits firing due to taking of property.
Wage Garnishment law 11-8
The maximum number of shareholders permitted within an S corporation is?