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NASCLA Contractor's Guide to Business, Law, and Project Management, 128 Practice test Questions with 100% Correct Answers | Verified | Updated 2024 |26 Pages
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1. Which of the following bonds guarantees that the contractor has paid the subcontractor? A. Bid bond B. Performance bond C. Payment bond D. James bond - ️️Payment Bond 2. The _____________ method recognizes income when the employer has done the work, yet has not received the income. A. Accrual B. Appreciation C. Deprecation D. Cash - ️️Cash
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