CSLB Practice Test Questions and Answers Graded A+ 2023 update

CSLB Practice Test Questions and Answers Graded A+ 2023 update The costs of running your business, including office expenses, etc., is called: a. Direct Costs b. Overhead c. A liability d. Accrual - correct answer b. Overhead Which government agency collects State Unemployment Tax? a. Employment Development Department b. County Unemployment Office c. Franchise Tax Board d. Internal Revenue Service - correct answer a. Employment Development Department 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 - correct answer d. Sale or installation of finished products that do not become a fixed part of the structure 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. - correct answer c. Twenty-Day Preliminary Notice 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 - correct answer a. 10-days after Prime-contractor received payment