Sample questions and answers from all cslb trade exams 2023 ;verified 100%

Sample questions and answers from all cslb trade exams 2023 ;verified 100% 1. The costs of running your business, including office expenses, etc., is called: a. Direct Costs b. Overhead c. A liability d. Accrual: b. Overhead 2. Which government agency collects State Unemployment Tax? a. Employment Development Department b. County Unemployment Office c. Franchise Tax Board d. Internal Revenue Service: a. Employment Development Department 3. Who does not need a California Contractor's State License? a. Someone who repairs or maintains an air-conditioning unit or heat-pump unit. b. Someone who installs mobile-homes c. Someone who digs wells on the property of others d. Sale or installation of finished products that do not become a fixed part of the structure: d. Sale or installation of finished products that do not become a fixed part of the structure 4. Which of the following is not part of a Home-Improvement Contract? a. Mechanic's Lien Warning b. Notice of Cancellation c. Twenty-Day Preliminary Notice d. All of the above.: c. Twenty-Day Preliminary Notice 5. Prime Contractor must pay subcontractor when? a. 10-days after Prime-contractor received payment b. When Prime-contractor receives withheld retention monies c. 30-days after completion d. As soon as subcontractor completes the work: a. 10-days after Prime-con- tractor received payment 6. The Contractor's Surety Bond is necessary for most contractors to obtain their license. This bond is in the amount of: