MICHIGAN BUILDERS LICENSE WITH VERIFIED
RATIONALIZED ANSWERS YEAR 2024/2025
Liam the contractor is doing some excavating work for his
sister, and realizes too late that the angle of the slope of his
excavation is greater than the angle of repose. The structure
collapses, and his sister ends up hiring someone else. What
should Liam have done differently - verified answers-Installed a
retaining wall to hold the slope back
Match inflow and outflow of cash and place both in the same
tax period - verified answers-When it comes to comparing short
term and long term income with the timeframe when costs and
expenses were incurred, it would be best to
If a contractors FUTA liability exceeds _________ then FUTA
taxes are deposited quarterly - verified answers-500
A document which shows the financial position of a company
for the year, also called a profit and loss statement is known as
____________ - verified answers-Income Statement
The Function of the balance sheet is to ________ - verified
answers-Show the financial condition of the business on a
specific date
The amount remaining after deducting direct and indirect costs
from revenues is known as______ - verified answers-Net Total
Profit
The ______ summarizes the cash inflows and outflows from
operating, investing, and financing activities during a specific
time. - verified answers-Cash Flow Statement
What tax is deducted (withheld) solely from employees wages -
verified answers-Income Tax
,What is the disadvantage of using the accrual method of
accounting? - verified answers-This system requires more
record keeping.
What is a form W-3 - verified answers-Employers summary of
W-2s issued to employees
Jasmine the contactor is having a busy year for work. She has
three long term projects going on at once, and there have been
at least 10 short term projects completed throughout the year.
Jasmine does her own book keeping, and the best practice
would be for her to do what? - verified answers-Keep separate
ledgers for short term and long term accounts receivable
Fire blocking can be required in walls over_____ high - verified
answers-10'
When a plywood panel is graded by the quality of its veneer,
adhesives used, number of layers and its dimensions, this is
known as the ________ of grading - verified answers-
Prescriptive method
When installing board paneling, the first board to be installed
should be scribed in a position plumb to the adjacent wall and
undercut by _________. - verified answers-5 degrees
The molding or trim around a doorway or window is called
_______ - verified answers-Th casing
Fastening schedules show the _____ code requirements for the
quality and safety of framing and structural design. - verified
answers-Minimum
Ideal riser height for a stairway is_______ - verified answers-7"
A straight Run of stairs is called ______ - verified answers-
Flight
, Why do Trusses have triangular shapes? - verified answers-
Because they must be able to withstand lateral and crushing
forces.
_______ can save time when compared to pouring concrete
into a project specific form and waiting for it to cure. - verified
answers-Concrete Panels
The biggest percentage of concrete mix is due to ________ -
verified answers-aggregate
A _______ is a wide, flat metal or wood pad that is pushed
back and forth over concrete to make an even surface. -
verified answers-Bullfloat
_______ do not require the formwork of solid concrete
foundation walls, but do need reinforcement from rebar or
pilasters. - verified answers-Concrete blocks
What is the minimum size and location of rebar in a footing
supporting a monolithic slab? - verified answers-2/4 and
located within the middle third of the depth
If a slab will have no significant traffic crossing the joint, a
______ is acceptable to use. - verified answers-Plain Butt joint
In a sidewalk or walkway ______ is a gap between portions of
concrete that is filled with flexible material. - verified answers-
An Expansion Joint
The sand added to cement mixture is know as - verified
answers-Fine Aggregate
Crazing is ______ - verified answers-The appearance of fine
cracks that appear in irregular patterns over the concrete
surface,
RATIONALIZED ANSWERS YEAR 2024/2025
Liam the contractor is doing some excavating work for his
sister, and realizes too late that the angle of the slope of his
excavation is greater than the angle of repose. The structure
collapses, and his sister ends up hiring someone else. What
should Liam have done differently - verified answers-Installed a
retaining wall to hold the slope back
Match inflow and outflow of cash and place both in the same
tax period - verified answers-When it comes to comparing short
term and long term income with the timeframe when costs and
expenses were incurred, it would be best to
If a contractors FUTA liability exceeds _________ then FUTA
taxes are deposited quarterly - verified answers-500
A document which shows the financial position of a company
for the year, also called a profit and loss statement is known as
____________ - verified answers-Income Statement
The Function of the balance sheet is to ________ - verified
answers-Show the financial condition of the business on a
specific date
The amount remaining after deducting direct and indirect costs
from revenues is known as______ - verified answers-Net Total
Profit
The ______ summarizes the cash inflows and outflows from
operating, investing, and financing activities during a specific
time. - verified answers-Cash Flow Statement
What tax is deducted (withheld) solely from employees wages -
verified answers-Income Tax
,What is the disadvantage of using the accrual method of
accounting? - verified answers-This system requires more
record keeping.
What is a form W-3 - verified answers-Employers summary of
W-2s issued to employees
Jasmine the contactor is having a busy year for work. She has
three long term projects going on at once, and there have been
at least 10 short term projects completed throughout the year.
Jasmine does her own book keeping, and the best practice
would be for her to do what? - verified answers-Keep separate
ledgers for short term and long term accounts receivable
Fire blocking can be required in walls over_____ high - verified
answers-10'
When a plywood panel is graded by the quality of its veneer,
adhesives used, number of layers and its dimensions, this is
known as the ________ of grading - verified answers-
Prescriptive method
When installing board paneling, the first board to be installed
should be scribed in a position plumb to the adjacent wall and
undercut by _________. - verified answers-5 degrees
The molding or trim around a doorway or window is called
_______ - verified answers-Th casing
Fastening schedules show the _____ code requirements for the
quality and safety of framing and structural design. - verified
answers-Minimum
Ideal riser height for a stairway is_______ - verified answers-7"
A straight Run of stairs is called ______ - verified answers-
Flight
, Why do Trusses have triangular shapes? - verified answers-
Because they must be able to withstand lateral and crushing
forces.
_______ can save time when compared to pouring concrete
into a project specific form and waiting for it to cure. - verified
answers-Concrete Panels
The biggest percentage of concrete mix is due to ________ -
verified answers-aggregate
A _______ is a wide, flat metal or wood pad that is pushed
back and forth over concrete to make an even surface. -
verified answers-Bullfloat
_______ do not require the formwork of solid concrete
foundation walls, but do need reinforcement from rebar or
pilasters. - verified answers-Concrete blocks
What is the minimum size and location of rebar in a footing
supporting a monolithic slab? - verified answers-2/4 and
located within the middle third of the depth
If a slab will have no significant traffic crossing the joint, a
______ is acceptable to use. - verified answers-Plain Butt joint
In a sidewalk or walkway ______ is a gap between portions of
concrete that is filled with flexible material. - verified answers-
An Expansion Joint
The sand added to cement mixture is know as - verified
answers-Fine Aggregate
Crazing is ______ - verified answers-The appearance of fine
cracks that appear in irregular patterns over the concrete
surface,
