VA Contractor (General) UPDATED ACTUAL Questions and CORRECT Answers
What is the term used for the method of allocating the cost
of an asset over its useful life?
Depreciation
Depreciation
Long-term liability
Cash flow
Budget
Under Virginia law, employers who regularly employ three
or more full-time or part-time employees must purchase
and maintain insurance.
General Liability Workers' Compensation Insurance
Workers' Compensation Insurance
All-Risk Builders' Risk Insurance
Commercial Auto Insurance
The rules and regulations of the Americans with Disabil-
ities Act (ADA) apply to all employers with a minimum of
how many employees?
15 15
1
20
10
Before hiring employees, you must have a(n) issued
by the IRS.
W-9
EIN - Employer Identification Number
940-EZ Form
EIN - Employer Identification Number
15-T Employee Form
A contractor has delivered the Lead Pre-Notification pam-
phlet to each family in an old apartment building prior
3 years
to performing renovations. Confirmation of the receipt of
delivery must be be kept for ?
, 30 years
5 years
3 years
Not required to keep confirmation
What is the number of hours in a defined Fair Labor
Standards Act (FLSA) workweek?
5 days
168 hours
168 hours
40 hours
7 days
OSHA records must be kept by the employer for
following the year to which they pertain.
One year
Five years
Three years
Seven years
Five years
What is the coverage of a surety bond?
Guarantees that the successful bidder will enter into the
project
Protects the owner from liens from suppliers and subcon- Binds the contractor to comply with the terms and condi-
tractors tions of a contract
Protects the contractor from nonpayment by the owner
Binds the contractor to comply with the terms and condi-
tions of a contract
What may be deducted from a paycheck under the provi-
sions of the Virginia Payment of Wage Law? Garnishments
Shortages from the petty cash box
, Virginia Unemployment Tax
Garnishments
Payment for damages cause by the employee
Which part of the construction documents outline specific
details, materials, dimensions and installation require-
ments for specific items?
Detailed shop drawings Detailed shop drawings
Material specifications
Building code commentary
Bid documents
Which two types of bonds are required on all federal
projects?
Performance and permit bonds
Payment and performance bonds
Liquidated damages and difference in price bonds
Payment and lien bonds
Payment and performance bonds
In addition to OSHA, employers in VA must comply with
standards.
EPA standards
Virginia Occupational Safety and Health Act
Virginia Occupational Safety and Health Act
NIOSH
There are no additional requirements
The OSHA standards that apply to the construction in-
dustry are and should be part of a safety training
program.
Combined under OSHA General Standards 29 CFR 1926, 29 CFR 1910, 29 CFR 1904
29 CFR 1926, 29 CFR 1910, 29 CFR 1904
Optional
29 CFR 1915, 29 CFR 1917, 29 CFR 1926
What is the term used for the method of allocating the cost
of an asset over its useful life?
Depreciation
Depreciation
Long-term liability
Cash flow
Budget
Under Virginia law, employers who regularly employ three
or more full-time or part-time employees must purchase
and maintain insurance.
General Liability Workers' Compensation Insurance
Workers' Compensation Insurance
All-Risk Builders' Risk Insurance
Commercial Auto Insurance
The rules and regulations of the Americans with Disabil-
ities Act (ADA) apply to all employers with a minimum of
how many employees?
15 15
1
20
10
Before hiring employees, you must have a(n) issued
by the IRS.
W-9
EIN - Employer Identification Number
940-EZ Form
EIN - Employer Identification Number
15-T Employee Form
A contractor has delivered the Lead Pre-Notification pam-
phlet to each family in an old apartment building prior
3 years
to performing renovations. Confirmation of the receipt of
delivery must be be kept for ?
, 30 years
5 years
3 years
Not required to keep confirmation
What is the number of hours in a defined Fair Labor
Standards Act (FLSA) workweek?
5 days
168 hours
168 hours
40 hours
7 days
OSHA records must be kept by the employer for
following the year to which they pertain.
One year
Five years
Three years
Seven years
Five years
What is the coverage of a surety bond?
Guarantees that the successful bidder will enter into the
project
Protects the owner from liens from suppliers and subcon- Binds the contractor to comply with the terms and condi-
tractors tions of a contract
Protects the contractor from nonpayment by the owner
Binds the contractor to comply with the terms and condi-
tions of a contract
What may be deducted from a paycheck under the provi-
sions of the Virginia Payment of Wage Law? Garnishments
Shortages from the petty cash box
, Virginia Unemployment Tax
Garnishments
Payment for damages cause by the employee
Which part of the construction documents outline specific
details, materials, dimensions and installation require-
ments for specific items?
Detailed shop drawings Detailed shop drawings
Material specifications
Building code commentary
Bid documents
Which two types of bonds are required on all federal
projects?
Performance and permit bonds
Payment and performance bonds
Liquidated damages and difference in price bonds
Payment and lien bonds
Payment and performance bonds
In addition to OSHA, employers in VA must comply with
standards.
EPA standards
Virginia Occupational Safety and Health Act
Virginia Occupational Safety and Health Act
NIOSH
There are no additional requirements
The OSHA standards that apply to the construction in-
dustry are and should be part of a safety training
program.
Combined under OSHA General Standards 29 CFR 1926, 29 CFR 1910, 29 CFR 1904
29 CFR 1926, 29 CFR 1910, 29 CFR 1904
Optional
29 CFR 1915, 29 CFR 1917, 29 CFR 1926
