NASCLA Practice Exam Set With Correct Solutions

NASCLA Practice Exam Set With Correct Solutions Balance sheet, income statement, statement of cashflow - CORRECT ANSWER-Three types of financial statements Sustainable practices - CORRECT ANSWER-specifically consider a building project's long term impact on the environment Board feet - CORRECT ANSWER-The volume of wood needed for a project Design-Build method of project delivery - CORRECT ANSWER-Owner contracts with one entity to provide both design and construction services. Design-build firm subcontracts as necessary. Unit Price Contract - CORRECT ANSWER-An agreement that divides a contract into various quantities of work categories for the contractor to perform cost-plus contracts - CORRECT ANSWER-adding a standard markup (set percentage added) to the cost of the product rather than have companies compete for the lowest bid; allowed for faster mobilization because companies made higher profits from producing more/fast Labor rate - CORRECT ANSWER-The most difficult factor to determine the ___ because both the hourly wage rate and crew productivity must be considered Turnkey contract - CORRECT ANSWER-a method of organizing a building project in which a contractor and a designer agree to provide a finished building at an agreedupon price. 1/4 inch tolerance - CORRECT ANSWER-The tolerance for the spacing of trusses along bearing support must be within plan dimension. Field conditions that force spacing beyond this tolerance shall be reviewed and approved by the Building Designer and Truss Designer 300 psi - CORRECT ANSWER-Adobe average compressive strength Cost Estimate and Job Cost System - CORRECT ANSWER-The most efficient ways to keep an eye on money going in and out 36% - CORRECT ANSWER-The estimated percentage that green building use less than conventional buildings