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FLORIDA BUSINESS AND FINANCE EXAM 2025 QUESTIONS WITH ANSWWRS GUARANTEE A+

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FLORIDA BUSINESS AND FINANCE EXAM 2025 QUESTIONS WITH ANSWWRS GUARANTEE A+

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FLORIDA BUSINESS AND FINANCE EXAM 2025 QUESTIONS
WITH ANSWWRS GUARANTEE A+
✔✔The best way to accurately control petty cash is through a _____ - ✔✔Imprest
system

✔✔OSHA 300 belong on summary of occupational injuries and illnesses is used to
record _____ - ✔✔Accident investigations

✔✔ABC construction posit traction for 157,000. They can't do appreciate the tractor
over seven years. Using the straight line method to depreciation in the seventh year is
_____ - ✔✔$16,275

✔✔With a contractor must perform extra work for a subcontractor or material vendor
Contractor may proceed to recover the cost in the form of _____ - ✔✔Back charge

✔✔According to the contract manual under the completed contract message, a contract
is recognized as complete when it is in excess of ____ complete. - ✔✔98% or 99%

✔✔A change order is a written instrument, prepared by the architect and signed by
____ - ✔✔The owner, the contractor, and the architect

✔✔The job responsibilities of a superintendent include _______ - ✔✔Actively
participate in creation of a project schedule

✔✔Within three business days at the date, the contractor becomes aware of an
impending or actual cancellation or expiration of any insurance. The contractor shall
provide notice to the _____ - ✔✔Owner

✔✔Contractors must send a notice for all demolition projects to Florida Department of
environmental protection _____ working days before demolition, even if there's no
asbestos containing material present. - ✔✔10

✔✔The check register shows at a glance ____ - ✔✔What expense category as you
have and where your money goes

✔✔When estimating speeds of equipment on the streets, they were usually average
_____ of the speed limit. - ✔✔40 to 65%

✔✔After the date and time designated for receipt of bids, a bitter who discovers that it
made a clerical error and it's bitch. I'll notify the architect of such error within ____ days.
- ✔✔Two

, ✔✔A _____ would be required to carry liability and profit insurance respective amounts
of $300,000 and $50,000. - ✔✔General contractor

✔✔Which of the following is a valid oral contract? - ✔✔Agreement to buy a lawnmower
for $475

✔✔The current ratio gives a good idea of ____ - ✔✔A company's ability to meet current
obligations with current assets

✔✔A fictitious name must be renewed every _____ - ✔✔5 years

✔✔If you contacted defaults on neglects to carry out the work in accordance with the
contract documents and fails within a _____ . After receipt of written notice from the
owner to commission correction of such the fall or neglect with diligence and
promptness the owner may correct such deficiencies. - ✔✔Ten day

✔✔A purchase order form will help you control ______ - ✔✔Unauthorized purchases

✔✔Interpretations, corrections, and changes of the building documents will be made by
____ - ✔✔Addendum

✔✔Each continuing education provider shall return all records relating to a licensees
completions of continuing education courses, for at least _____ years after completion
of a course. - ✔✔4

✔✔If the Contractor does not pay the subcontractor through, no fault of the
subcontractor within seven days of the time payment should be made as provided on
the agreement is subcontractor me upon _____ additional days written notice to the
contractor stop the work of the subcontract - ✔✔7

✔✔A company's financial year might be referred to as a______ - ✔✔Fiscal year

✔✔Periodic progress reports on the work shall be provided by the ____ to the _____ -
✔✔Subcontractor, Contractor

✔✔For the purpose of required Worker's Compensation coverage ______ is non-
exempt from being considered a construction job. - ✔✔Well, drilling on land, not contain
any other existing structures

✔✔______ is (are) considered to be a variable expense - ✔✔Collections

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