1. FOB freight prepaid requires to pay for shipping charges ANS
>>> Seller 14-12
2. Which of the following is not a member of the supervisory team? ANS >>>
Project manager 9-7
3. scheduling consists of dates, delivery dates, payment schedule
and vacations. It is a simplified method. ANS >>> Calendar 9-3
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, 4. When working in dwelling that was built prior to 1978, the employer is to
provide each occupant with a pamphlet title ? ANS >>> Protect
your family from lead in your home 12-14
5. You have days from the completion of a commercial structure
or commercial construction project to file a lien claim form. ANS >>> 90 16-2
6. 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? ANS >>> More than $80,000 $260,000 * .35= $91,000
7. Which of the following is not a key characteristic of a sole proprietor
ship? ANS >>> Business expenses and personal income are not separated.
2-1
8. 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? ANS >>>
4/1 14-7
9. An EAP is required to be in writing for employees or more. ANS >>> 1
12-3
10. Who pays into FUTA? ANS >>> Employer 15-5
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>>> Seller 14-12
2. Which of the following is not a member of the supervisory team? ANS >>>
Project manager 9-7
3. scheduling consists of dates, delivery dates, payment schedule
and vacations. It is a simplified method. ANS >>> Calendar 9-3
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11
, 4. When working in dwelling that was built prior to 1978, the employer is to
provide each occupant with a pamphlet title ? ANS >>> Protect
your family from lead in your home 12-14
5. You have days from the completion of a commercial structure
or commercial construction project to file a lien claim form. ANS >>> 90 16-2
6. 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? ANS >>> More than $80,000 $260,000 * .35= $91,000
7. Which of the following is not a key characteristic of a sole proprietor
ship? ANS >>> Business expenses and personal income are not separated.
2-1
8. 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? ANS >>>
4/1 14-7
9. An EAP is required to be in writing for employees or more. ANS >>> 1
12-3
10. Who pays into FUTA? ANS >>> Employer 15-5
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11
