AZ statutes and rules
Flashdcards pt 2 actual
questions fully solved (LATEST
UPDATED VERSION GRADED
A+)
1. Which of the following conditions indicates the completion of a
permitted structure? - answer 30 days have passed since the final
inspection and written acceptance of the project.
2. Who is responsible for the overall construction of a project? -
answer General contractor
3. A formal complaint which has been confirmed by an agency
inspector will remain on the contractor's public record for how many
years? - answer 2
4. A project owner, in order to ensure that a contractor will build a
project according to the specifications, will require a contractor to
furnish: - answer A performance bond
5. How are workers compensation premiums paid? - answer 100% by
the employer
6. Contractors pay Arizona state sales tax to the: - answer Arizona
department of revenue
,7. When a big bond is required with a contractor is bid, it is
intended to guarantee that: - answer The successful bidder will
enter into a contract with the owner for the amount of the bid.
8. A complaint has been filed against an Arizona contractor. After
investigation, the registrar issues a citation and this is served on
the contractor. How long does the contractor have to file a written
answer to the complaint with the registrar? - answer 10 days
9. The maximum amount that can be assessed biennially against the
contractor for the required contribution to the residential
contractors recovery fund is: - answer 600 dollars
10. Given: when the registrar of contractors issues a citation to a
licensee, the citation is sent by certified mail to the licensee at the
latest address of record. When is the service of the citation
complete? - answer At the time of personal service or five days after
deposited in the mail
11. Which type of construction contract binds the contractor to do a
stipulated job in return for a fixed sum of money? - answer Lump
sum contract
12. What is the MAXIMUM amount which may be recovered from the
contractors recovery fund for any one residential contractors
license? - answer $200,000.00
13. What form must an employer have new employees complete in
order to verify employment eligibility under the immigration Reform
and control act? - answer I-9
14. Contractors may request the registrar to inactivate their current
license for a period not to exceed : - answer 5 years
,15. You are a contractor beginning a project on May 1, a pre-lien
should be sent before? - answer May 21st
16. When clearing a 1 acre site for building a home, what agency do
you deal with? - answer Environmental protection agency
17. What form is used to report and pay quarterly unemployment
tax to the Arizona Department of economic security? - answer
Unemployment tax and wage report (UC-018)
18. A person may act as a qualifying party for two companies at the
same time if one of the companies is a subsidiary of the other
company, if there is a minimum common ownership of: - answer 25
percent
19. Which of the following is considered a form of business
organization? - answer Sole proprietorship
20. Each year the employer must file the annual report from A1-R
and include all wage and withholding statements with the State of
Arizona the due date of: - answer February 28th
21. The air quality division that administers the air quality permits
program is? - answer ADEQ
22. If new information becomes available about the hazardous
chemical, within what time period must labels be revised? - answer
6 months
23. Which of the following conditions indicates the completion of a
permitted structure? - answer 60 consecutive days have passed
since the last work was performed
, 24. When is the due date of an Arizona sales tax return? - answer
20th day of the following month
25. Transactions recorded in the cash receipts journal's are
summarized and posted to the: - answer General ledger
26. Which of the following is an advantage of the sole ownership
form of business? - answer Can be sold or altered at will
27. Giving: A contractor has obtain a contractors license in the name
of Pat Brown. Under what name can his contracting business be
conducted? - answer Pat Brown
28. Who is responsible for certifying the amount of work completed
on a project to the owner? - answer Architect/engineer
29. A company's balance sheet shows assets of $20,000 and owners
equity of $12,000, the company's liabilities are: - answer $8,000
30. Which one of the following types of financial statements
examines the cash generating and distribution activities of a
construction company? - answer Statement of cash flow
31. In Arizona a contractor must report a change of business
address to the registrar of contractors within how many days? -
answer 30
32. A person wants to file a notice and claim of Mechanic's,
Materialman's or Professional Services Lien, form ML-10. Where
would this person find the information needed to complete the legal
description section? - answer the title company
Flashdcards pt 2 actual
questions fully solved (LATEST
UPDATED VERSION GRADED
A+)
1. Which of the following conditions indicates the completion of a
permitted structure? - answer 30 days have passed since the final
inspection and written acceptance of the project.
2. Who is responsible for the overall construction of a project? -
answer General contractor
3. A formal complaint which has been confirmed by an agency
inspector will remain on the contractor's public record for how many
years? - answer 2
4. A project owner, in order to ensure that a contractor will build a
project according to the specifications, will require a contractor to
furnish: - answer A performance bond
5. How are workers compensation premiums paid? - answer 100% by
the employer
6. Contractors pay Arizona state sales tax to the: - answer Arizona
department of revenue
,7. When a big bond is required with a contractor is bid, it is
intended to guarantee that: - answer The successful bidder will
enter into a contract with the owner for the amount of the bid.
8. A complaint has been filed against an Arizona contractor. After
investigation, the registrar issues a citation and this is served on
the contractor. How long does the contractor have to file a written
answer to the complaint with the registrar? - answer 10 days
9. The maximum amount that can be assessed biennially against the
contractor for the required contribution to the residential
contractors recovery fund is: - answer 600 dollars
10. Given: when the registrar of contractors issues a citation to a
licensee, the citation is sent by certified mail to the licensee at the
latest address of record. When is the service of the citation
complete? - answer At the time of personal service or five days after
deposited in the mail
11. Which type of construction contract binds the contractor to do a
stipulated job in return for a fixed sum of money? - answer Lump
sum contract
12. What is the MAXIMUM amount which may be recovered from the
contractors recovery fund for any one residential contractors
license? - answer $200,000.00
13. What form must an employer have new employees complete in
order to verify employment eligibility under the immigration Reform
and control act? - answer I-9
14. Contractors may request the registrar to inactivate their current
license for a period not to exceed : - answer 5 years
,15. You are a contractor beginning a project on May 1, a pre-lien
should be sent before? - answer May 21st
16. When clearing a 1 acre site for building a home, what agency do
you deal with? - answer Environmental protection agency
17. What form is used to report and pay quarterly unemployment
tax to the Arizona Department of economic security? - answer
Unemployment tax and wage report (UC-018)
18. A person may act as a qualifying party for two companies at the
same time if one of the companies is a subsidiary of the other
company, if there is a minimum common ownership of: - answer 25
percent
19. Which of the following is considered a form of business
organization? - answer Sole proprietorship
20. Each year the employer must file the annual report from A1-R
and include all wage and withholding statements with the State of
Arizona the due date of: - answer February 28th
21. The air quality division that administers the air quality permits
program is? - answer ADEQ
22. If new information becomes available about the hazardous
chemical, within what time period must labels be revised? - answer
6 months
23. Which of the following conditions indicates the completion of a
permitted structure? - answer 60 consecutive days have passed
since the last work was performed
, 24. When is the due date of an Arizona sales tax return? - answer
20th day of the following month
25. Transactions recorded in the cash receipts journal's are
summarized and posted to the: - answer General ledger
26. Which of the following is an advantage of the sole ownership
form of business? - answer Can be sold or altered at will
27. Giving: A contractor has obtain a contractors license in the name
of Pat Brown. Under what name can his contracting business be
conducted? - answer Pat Brown
28. Who is responsible for certifying the amount of work completed
on a project to the owner? - answer Architect/engineer
29. A company's balance sheet shows assets of $20,000 and owners
equity of $12,000, the company's liabilities are: - answer $8,000
30. Which one of the following types of financial statements
examines the cash generating and distribution activities of a
construction company? - answer Statement of cash flow
31. In Arizona a contractor must report a change of business
address to the registrar of contractors within how many days? -
answer 30
32. A person wants to file a notice and claim of Mechanic's,
Materialman's or Professional Services Lien, form ML-10. Where
would this person find the information needed to complete the legal
description section? - answer the title company
