COMMERCIAL CONTRACTOR PRACTICE EXAM
QUESTIONS AND CORRECT ANSWERS
(VERIFIED ANSWERS) | NEW UPDATE 2026 |
GRADED A+
Save
Terms in this set (112)
An employee earns $12.50 per hour. C.$693.75
What is the gross pay of this non-
exempt employee who works 45
hours during a holiday week, and
receives 8 hours additional pay for
the holiday?
A.$562.50
B.$662.50
C.$693.75
D.$743.75
,Which of the following statements A.The business, or any part of it, can be sold,
about a sole proprietorship is altered, or exchanged at will.
TRUE?
A. The business, or any part of it,
can be sold, altered, or exchanged
at will.
B. The business will survive the
death of the owner.
C. It provides the owner with
limited liability for debts and
actions of the business
D. The business is not subject to
Federal income tax.
What is the name of the process A.Partnering
when a facilitator meets with the
major participants in a project, prior
to the commencement of the
project, to identify the shared goals
of all participants?
A. Partnering
B. Arbitration
C. Mediation
D. Claims resolution
,How much is an employer who D.$1530
withheld employee Medicare and
Social Security taxes or $765
REQUIRED to send to the IRS?
A. $145
B. $620
C. $765
D. $1,530
Records of an employee's exposure D.30 years
to hazardous materials MUST be
kept a MINIMUM of how many
years?
A. 3 years
B. 7 years
C. 15 years
D. 30 years
, What can be determined by A.The total resource demand for a project at
summing the project activities into any given time.
an overall schedule?
A. The total resource demand for a
project at any given time.
B.The total amount that the
company will earn from the job.
C.The total insurance needs of the
company.
D.The total man-hours needed for
all projects.
QUESTIONS AND CORRECT ANSWERS
(VERIFIED ANSWERS) | NEW UPDATE 2026 |
GRADED A+
Save
Terms in this set (112)
An employee earns $12.50 per hour. C.$693.75
What is the gross pay of this non-
exempt employee who works 45
hours during a holiday week, and
receives 8 hours additional pay for
the holiday?
A.$562.50
B.$662.50
C.$693.75
D.$743.75
,Which of the following statements A.The business, or any part of it, can be sold,
about a sole proprietorship is altered, or exchanged at will.
TRUE?
A. The business, or any part of it,
can be sold, altered, or exchanged
at will.
B. The business will survive the
death of the owner.
C. It provides the owner with
limited liability for debts and
actions of the business
D. The business is not subject to
Federal income tax.
What is the name of the process A.Partnering
when a facilitator meets with the
major participants in a project, prior
to the commencement of the
project, to identify the shared goals
of all participants?
A. Partnering
B. Arbitration
C. Mediation
D. Claims resolution
,How much is an employer who D.$1530
withheld employee Medicare and
Social Security taxes or $765
REQUIRED to send to the IRS?
A. $145
B. $620
C. $765
D. $1,530
Records of an employee's exposure D.30 years
to hazardous materials MUST be
kept a MINIMUM of how many
years?
A. 3 years
B. 7 years
C. 15 years
D. 30 years
, What can be determined by A.The total resource demand for a project at
summing the project activities into any given time.
an overall schedule?
A. The total resource demand for a
project at any given time.
B.The total amount that the
company will earn from the job.
C.The total insurance needs of the
company.
D.The total man-hours needed for
all projects.
