NASCLA PSI Exam Questions And
Answers
FOB freight prepaid requires __________ to pay for shipping charges -
correct answer ✅Seller 14-12
Which of the following is not a member of the supervisory team? -
correct answer ✅Project manager 9-7
__________ scheduling consists of dates, delivery dates, payment
schedule and vacations. It is a simplified method. -
correct answer ✅Calendar 9-3
When working in dwelling that was built prior to 1978, the employer is
to provide each occupant with a pamphlet title _________? -
correct answer ✅Protect your family from lead in your home 12-14
You have ___________ days from the completion of a commercial
structure or commercial construction project to file a lien claim form. -
correct answer ✅90 16-2
A lump sum contract on a project has a total contact price of $260,000.
Retainage has been held back at 10%. The contractor has received
progress payments for 75% of the project. The contractor submit a
request for final payment should be for? -
correct answer ✅More than $80,000 $260,000 * .35= $91,000
, NASCLA PSI Exam Questions And
Answers
Which of the following is not a key characteristic of a sole proprietor
ship? -
correct answer ✅Business expenses and personal income are not
separated. 2-1
What is the quick ratio or or acid test ratio for a company that has
current assets of $28,000, inventory of $4000, and current liabilities of
$6000? -
correct answer ✅4/1 14-7
An EAP is required to be in writing for______employees or more. -
correct answer ✅11 12-3
Who pays into FUTA? -
correct answer ✅Employer 15-5
What is the purpose of just in time deliveries? -
correct answer ✅Profit high and vandalism low. 9-9
Ethics has to do with all but which of the following? -
correct answer ✅Lying to the customer. 5-2
Which of the following is not a reward for owning a enterprise? -
correct answer ✅Managing cash flow 1-1
Answers
FOB freight prepaid requires __________ to pay for shipping charges -
correct answer ✅Seller 14-12
Which of the following is not a member of the supervisory team? -
correct answer ✅Project manager 9-7
__________ scheduling consists of dates, delivery dates, payment
schedule and vacations. It is a simplified method. -
correct answer ✅Calendar 9-3
When working in dwelling that was built prior to 1978, the employer is
to provide each occupant with a pamphlet title _________? -
correct answer ✅Protect your family from lead in your home 12-14
You have ___________ days from the completion of a commercial
structure or commercial construction project to file a lien claim form. -
correct answer ✅90 16-2
A lump sum contract on a project has a total contact price of $260,000.
Retainage has been held back at 10%. The contractor has received
progress payments for 75% of the project. The contractor submit a
request for final payment should be for? -
correct answer ✅More than $80,000 $260,000 * .35= $91,000
, NASCLA PSI Exam Questions And
Answers
Which of the following is not a key characteristic of a sole proprietor
ship? -
correct answer ✅Business expenses and personal income are not
separated. 2-1
What is the quick ratio or or acid test ratio for a company that has
current assets of $28,000, inventory of $4000, and current liabilities of
$6000? -
correct answer ✅4/1 14-7
An EAP is required to be in writing for______employees or more. -
correct answer ✅11 12-3
Who pays into FUTA? -
correct answer ✅Employer 15-5
What is the purpose of just in time deliveries? -
correct answer ✅Profit high and vandalism low. 9-9
Ethics has to do with all but which of the following? -
correct answer ✅Lying to the customer. 5-2
Which of the following is not a reward for owning a enterprise? -
correct answer ✅Managing cash flow 1-1
