Arizona Contractors license Exam-Questions with Correct
Answers/ Verified/ 100% Pass
how many employees are you required to have in order to have works comp? - ✔️✔️more than 1
employee
if you fail to identify and mark underground utilities, how much do you have to pay for violation -
✔️✔️you can be fined up to 5000 dollars for the first violation, and up to 70000 dollars
sets limits on how much of a air pollutant is allowed in the air. - ✔️✔️the clean air act
when does the fair labor act apply - ✔️✔️it applies to employers that have 1 or more employee
what is form I-9 - ✔️✔️this form is used by immigration ,to make sure employees has legal
immigration status in the usa
what is project over head - ✔️✔️items needed to complete the project ex; bonds,temporary
storage,dumpsters,security guards , porter potties,etc. makes up 5-10% of bid
what is the clean water act - ✔️✔️establishes the basic structure for regulating disharges of
pollutants into the waters of united states
what are current liabilities - ✔️✔️liabilities that will mature and must be paid within 1 year
immigration forms must be kept for how long - ✔️✔️at least 3 years
what is a maintance bond - ✔️✔️guarantees that for one year no defective workmanship or
material will appear on completed project
liability insurance is what - ✔️✔️to protect 3rd party claims
keyman life insurance - ✔️✔️its to continue business if one dies or becomes incapacitated
, how much money is deducted from employee to pay for works comp - ✔️✔️nothing. employer
pays for everything
how soon must form I-9 be completed by - ✔️✔️it should be completed within 3 days of hire
how long should you keep lead pamphlet receipt for - ✔️✔️must be kept for 3 years
bonds or cash deposits should be under whos name - ✔️✔️the licensee
how soon should you do a publication - ✔️✔️you must publish within 60 days for 3 consecutives
publications
who certifies when a project is complete and the work meets conditions of the contract documents -
✔️✔️the architect or the engineer
what are progress payments - ✔️✔️are partial payments made after specified phases of
construction are complete
what is the single prime method - ✔️✔️its when a project owner hires an architectural firm to
design the project the contractor then perfume the work
what is a payment bond - ✔️✔️guarantees that subcontractors and suppliers will be paid for work if
they perform properly under the contract
a corporate name may be reserved with the corporation commission for how many days - ✔️✔️120
days prior to incorporation
how long should employees keep tax records for? - ✔️✔️at least 4 years
what is all risk builders insurance - ✔️✔️it covers property owners n builders for buildings under
construction. typically covers machinery equipment , materials supplies and fixtures
Answers/ Verified/ 100% Pass
how many employees are you required to have in order to have works comp? - ✔️✔️more than 1
employee
if you fail to identify and mark underground utilities, how much do you have to pay for violation -
✔️✔️you can be fined up to 5000 dollars for the first violation, and up to 70000 dollars
sets limits on how much of a air pollutant is allowed in the air. - ✔️✔️the clean air act
when does the fair labor act apply - ✔️✔️it applies to employers that have 1 or more employee
what is form I-9 - ✔️✔️this form is used by immigration ,to make sure employees has legal
immigration status in the usa
what is project over head - ✔️✔️items needed to complete the project ex; bonds,temporary
storage,dumpsters,security guards , porter potties,etc. makes up 5-10% of bid
what is the clean water act - ✔️✔️establishes the basic structure for regulating disharges of
pollutants into the waters of united states
what are current liabilities - ✔️✔️liabilities that will mature and must be paid within 1 year
immigration forms must be kept for how long - ✔️✔️at least 3 years
what is a maintance bond - ✔️✔️guarantees that for one year no defective workmanship or
material will appear on completed project
liability insurance is what - ✔️✔️to protect 3rd party claims
keyman life insurance - ✔️✔️its to continue business if one dies or becomes incapacitated
, how much money is deducted from employee to pay for works comp - ✔️✔️nothing. employer
pays for everything
how soon must form I-9 be completed by - ✔️✔️it should be completed within 3 days of hire
how long should you keep lead pamphlet receipt for - ✔️✔️must be kept for 3 years
bonds or cash deposits should be under whos name - ✔️✔️the licensee
how soon should you do a publication - ✔️✔️you must publish within 60 days for 3 consecutives
publications
who certifies when a project is complete and the work meets conditions of the contract documents -
✔️✔️the architect or the engineer
what are progress payments - ✔️✔️are partial payments made after specified phases of
construction are complete
what is the single prime method - ✔️✔️its when a project owner hires an architectural firm to
design the project the contractor then perfume the work
what is a payment bond - ✔️✔️guarantees that subcontractors and suppliers will be paid for work if
they perform properly under the contract
a corporate name may be reserved with the corporation commission for how many days - ✔️✔️120
days prior to incorporation
how long should employees keep tax records for? - ✔️✔️at least 4 years
what is all risk builders insurance - ✔️✔️it covers property owners n builders for buildings under
construction. typically covers machinery equipment , materials supplies and fixtures
