ACTUAL ACCURATE CURRENTLY TESTING EXAM
QUESTIONS AND ANSWERS EXPERT VERIFIED FOR
(GUARANTEED PASS)
A general contractor who has performed work on a single-family
residence and residential pools and spas must provide all of the following
to the owner, EXCEPT:
A. The names of all subcontractors
B. The names of all laborers or other employees who provide services for
the project
C. A form containing information about the lien law
D. The name of all materials suppliers who provide $500 or more of
materials
B. The names of all laborers or other employees who provide services for
the project
Employers must verify the eligibility of each employ by completing USCIS
for 1-9 as well as examine documents that establish the employees
identity and eligibility to work in the United States. Certain documents are
,acceptable on their own for establishing both identity and eligibility. which
of the following does not meet these requirements?
A. Permanent resident card
B. United States passport
C. All of the above
D. Votes registration
D. Voters registration
As a contractor you hold a general liability policy with $1,000 deductible
with no riders. An accident occurs on your job site. A passerby is injured
with total injuries amounting to $1,000. There is $3,000 in equipment
damage and $2,000 in injuries to your employee. what is the financial
obligation of the general liability company?
Solution: the contractor would pay the deductible, which is the same
amount of the covered injury. there is no equipment rider on this policy
and workers comp would cover the employee, so the amount the liability
insurance company would pay is none.
A. $1,000
B.$6,000
C.$0
D. $5,000
C. $0
,All of the following characteristics define an employee versus independent
contractor, except:
A. paid at regular intervals.
B. Receives and/or is receiving training.
C. No reimbursement for out-of-pocket expenses.
D. Must follow set and/or mandatory instructions - where, when and how
to perform work
C. no reimbursement for out-of-pocket expenses.
IRS publication 15 is also known as._____
A. Circular E, employers tax guide. (You got this one correct)
B. I-9
C. w-4
D. w-2
A. Circular E, employers tax guide.
All of the following characteristics, define an independent contractor
versus an employee except:
A. Compensated for services at fixed rate, regardless of profitability.
B. Furnishes his/her own tools and materials
C. Work performed is a "unique" service, not an " integral part"
D. pays to hire assistance to perform all or part of the project.
, A. compensated for services at fixed rate, regardless of probability.
In a state of Nevada, subcontractors who are not licensed are considered:
A. Subcontractors.
B. Independent contractors.
C. Employees
D. None of the above.
C: employees
The Medicare tax rate for the employer is._____ ; the employee tax rate is
also ___ (individual rates)
A. 2.90%
B. 1.45%
C. 12.4%
D. 6.2%
B. 1.45%.
The following act requires a payment of minimum wage rates and
overtime pay on contracts to provide goods to the federal government.
A. Davis-Bacon.
B. Mc Namara- o'hara
C. Walsh- healy
D. Service contract act