NASCLA PSI EXAM PRACTICE
QUESTIONS WITH VERIFIED
SOLUTIONS || 100% PASS
\.FOB freight prepaid requires __________ to pay for shipping charges - Answer-✔Seller 14-12
\.Which of the following is not a member of the supervisory team? - Answer-✔Project manager
9-7
\.__________ scheduling consists of dates, delivery dates, payment schedule and vacations. It is
a simplified method. - Answer-✔Calendar 9-3
\.When working in dwelling that was built prior to 1978, the employer is to provide each
occupant with a pamphlet title _________? - Answer-✔Protect your family from lead in your
home 12-14
\.You have ___________ days from the completion of a commercial structure or commercial
construction project to file a lien claim form. - Answer-✔90 16-2
\.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? - Answer-✔More than $80,000
$260,000 * .35= $91,000
\.Which of the following is not a key characteristic of a sole proprietor ship? - Answer-✔Business
expenses and personal income are not separated. 2-1
, \.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? - Answer-✔4/1 14-7
\.An EAP is required to be in writing for______employees or more. - Answer-✔11 12-3
\.Who pays into FUTA? - Answer-✔Employer 15-5
\.What is the purpose of just in time deliveries? - Answer-✔Profit high and vandalism low. 9-9
\.Ethics has to do with all but which of the following? - Answer-✔Lying to the customer. 5-2
\.Which of the following is not a reward for owning a enterprise? - Answer-✔Managing cash
flow 1-1
\.Which of the following is not covered under the ADA? - Answer-✔Paper cut. 11-7
\.A job estimated to cost $1 million. However, two companies have a Of $500,000. They can
legally do this job if they___? - Answer-✔Joint venture. 2-6
\.The standard make up in the construction industry is? - Answer-✔15%. 7-7
\.Which is not an advantage of a partnership? - Answer-✔Multiple decision makers. 2-2
\.___Prohibits firing due to taking of property. - Answer-✔Wage Garnishment law 11-8
QUESTIONS WITH VERIFIED
SOLUTIONS || 100% PASS
\.FOB freight prepaid requires __________ to pay for shipping charges - Answer-✔Seller 14-12
\.Which of the following is not a member of the supervisory team? - Answer-✔Project manager
9-7
\.__________ scheduling consists of dates, delivery dates, payment schedule and vacations. It is
a simplified method. - Answer-✔Calendar 9-3
\.When working in dwelling that was built prior to 1978, the employer is to provide each
occupant with a pamphlet title _________? - Answer-✔Protect your family from lead in your
home 12-14
\.You have ___________ days from the completion of a commercial structure or commercial
construction project to file a lien claim form. - Answer-✔90 16-2
\.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? - Answer-✔More than $80,000
$260,000 * .35= $91,000
\.Which of the following is not a key characteristic of a sole proprietor ship? - Answer-✔Business
expenses and personal income are not separated. 2-1
, \.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? - Answer-✔4/1 14-7
\.An EAP is required to be in writing for______employees or more. - Answer-✔11 12-3
\.Who pays into FUTA? - Answer-✔Employer 15-5
\.What is the purpose of just in time deliveries? - Answer-✔Profit high and vandalism low. 9-9
\.Ethics has to do with all but which of the following? - Answer-✔Lying to the customer. 5-2
\.Which of the following is not a reward for owning a enterprise? - Answer-✔Managing cash
flow 1-1
\.Which of the following is not covered under the ADA? - Answer-✔Paper cut. 11-7
\.A job estimated to cost $1 million. However, two companies have a Of $500,000. They can
legally do this job if they___? - Answer-✔Joint venture. 2-6
\.The standard make up in the construction industry is? - Answer-✔15%. 7-7
\.Which is not an advantage of a partnership? - Answer-✔Multiple decision makers. 2-2
\.___Prohibits firing due to taking of property. - Answer-✔Wage Garnishment law 11-8
