TCM 226 FINAL TEST QUESTIONS AND
ANSWERS
Which of the following is a true statement about Davis-bacon act? - Answer-It is a federal law That
determine the minimum wage rates and fringe benefits that must be paid on al federal and federally
assisted projects.
When selecting a sub for the different pieces of work, the contractor must balance scopes and be able to
compare quote to quote. This is known as scope alignment. T/F - Answer-TRUE
The Age Discrimination in Employment Act (ADEA) applies to individuals under the age of 30. T/F -
Answer-FALSE
Skill enhancement training is part of? - Answer-Employee development
What is the total number of credits of credit possible under LEED v. including all bouns points? -
Answer-110
The pride and impropriety case study covered in class and as homework qwas based upon a true story.
T/F - Answer-TRUE
Which type of business organization has the most government regulation? - Answer-Corporation
, What is the lowest possible certification level for a building under LEED rating system? - Answer-None
of the above (Silver, gold, copper, platinum)
Individuals can be LEED certified. T/F - Answer-FALSE
Which of the following organization is responsible for developing the LEED rating system? - Answer-U.S.
Green Building Counsil
Varying amounts of retainage are held by owners, usually__________ percent? - Answer-5 or 10
what form of business organization has a single owner? - Answer-None of the above ( partnership ,C-
Corparation, General partnership)
Which of the following documents is considered the payment application under the AIA documents? -
Answer-AIA-A702
Which of the following is typically requested by vendors and/or 3rd tier subs ti ensure they are paid
directly by the general contractor? - Answer-Joint Check Agreement
Ethics are a theory or system of vaule that awswers that answers the question, "what can i can do and
still not get caught?" - Answer-FAlSE
Under the LEED rating system, prerequisites within a specific credit category must be met before ANY
credit can be received in that area. T/F - Answer-TRUE
In a limited liability partnership (LLP), the profits of the business are subject to double taxation. T/F -
Answer-FALSE
ANSWERS
Which of the following is a true statement about Davis-bacon act? - Answer-It is a federal law That
determine the minimum wage rates and fringe benefits that must be paid on al federal and federally
assisted projects.
When selecting a sub for the different pieces of work, the contractor must balance scopes and be able to
compare quote to quote. This is known as scope alignment. T/F - Answer-TRUE
The Age Discrimination in Employment Act (ADEA) applies to individuals under the age of 30. T/F -
Answer-FALSE
Skill enhancement training is part of? - Answer-Employee development
What is the total number of credits of credit possible under LEED v. including all bouns points? -
Answer-110
The pride and impropriety case study covered in class and as homework qwas based upon a true story.
T/F - Answer-TRUE
Which type of business organization has the most government regulation? - Answer-Corporation
, What is the lowest possible certification level for a building under LEED rating system? - Answer-None
of the above (Silver, gold, copper, platinum)
Individuals can be LEED certified. T/F - Answer-FALSE
Which of the following organization is responsible for developing the LEED rating system? - Answer-U.S.
Green Building Counsil
Varying amounts of retainage are held by owners, usually__________ percent? - Answer-5 or 10
what form of business organization has a single owner? - Answer-None of the above ( partnership ,C-
Corparation, General partnership)
Which of the following documents is considered the payment application under the AIA documents? -
Answer-AIA-A702
Which of the following is typically requested by vendors and/or 3rd tier subs ti ensure they are paid
directly by the general contractor? - Answer-Joint Check Agreement
Ethics are a theory or system of vaule that awswers that answers the question, "what can i can do and
still not get caught?" - Answer-FAlSE
Under the LEED rating system, prerequisites within a specific credit category must be met before ANY
credit can be received in that area. T/F - Answer-TRUE
In a limited liability partnership (LLP), the profits of the business are subject to double taxation. T/F -
Answer-FALSE