A person who engages in a business or activity that involves construction new water wells
must possess a license from the: - ANSWER Oregon Water Resource Department (OWRD)
True or False
Prompt billing and prompt collections make for a healthier cash flow. - ANSWER True
Oregon OSHA consultants WILL NOT: - ANSWER Issue citations or propose penalties for
violations of OSHA standards.
1) Questions to answer when preparing your project schedule include all of these except:
- All of these are questions to ask
- What equipment will be needed?
- How long will each task take to complete?
- What type of crew will be needed to complete the activity? - ANSWER - All of these are
questions to ask
- What equipment will be needed?
- How long will each task take to complete?
- What type of crew will be needed to complete the activity?
For Notice of Right Lien purpose, a commercial improvement is defined as: - ANSWER A
structure that is not used or intended for use as a residential building
I am the residential original contractor and I provide labor and materials for the project.
Who do I need to give a notice of Right to Lien to? - ANSWER Mortgagee
1
,A quantity survey is also referred to as a: - ANSWER Take Off
Tagout involves placing a warning tag: - ANSWER On an energy-isolation device
Other than Take Off, other common construction estimate types include all, except: - AN-
SWER Ballpark Estimates
True or False
An on-site of host employer is responsible for ensuring a safe place of employment for
leased or temporary workers. - ANSWER True
The state unemployment tax rate varies base on: - ANSWER The history of unemploy-
ment claims against the employer.
Stop work order violations can result in: - ANSWER - Any of these could be the result of
failure to comply with a stop work order.
- Court action
- Permit or license revocation
- Civil penalties
The ___________________ gives an overview of the project, deadlines, and general require-
ments. - ANSWER Invitation to Bid
"Job Logic" refers to: - ANSWER The sequence of work
True or False
Self-employment taxes apply to all forms of business entities. - ANSWER False
2
,- Money earned and money spent are accounted for in the year they are received or paid,
respectively. - ANSWER In the Cash Method
The Itemized Summary is the basis for: - ANSWER A complete and accurate estimate of
project costs and lists all major items of work in the order they are to be performed.
A major difference between the EIN and the BIN is: - ANSWER One is federal and one is
state
Poor construction and storage practices can result in _________________ inside the struc-
ture walls. - ANSWER Molds and fungus
Builders now must use corrosion-resistance flashing in these specified locations, except: -
ANSWER Surrounding all interior bedroom doors.
Compliance with environmental regulations can protect a contractor from:
- All of these are correct
- Private party lawsuits
- Criminal and civil penalties
- Liability claims - ANSWER - All of these are correct
- Private party lawsuits
- Criminal and civil penalties
- Liability claims
Using the Quantity Take-Off method for estimating, you begin by estimating the cost of
_________________ for each individual task. - ANSWER Labor and materials
Contractors must apply for permits through: - ANSWER Their local building department
3
, A cost effective method for managing material costs and keeping inventory costs down is
the: - ANSWER JIT - Just In Time
These are materials prohibited form open burning in Oregon except for: - ANSWER Un-
painted and untreated scrap wood
An owner-seller may comply with the Homebuyers Protection Act (HPA) by:
- Doing any of these
- Purchasing title insurance that does not exclude filed or unfiled claims of lien,
- Obtaining lien waivers or releases
- Retaining at least 25% of the sales price in escrow - ANSWER - Doing any of these
- Purchasing title insurance that does not exclude filed or unfiled claims of lien,
- Obtaining lien waivers or releases
- Retaining at least 25% of the sales price in escrow
What are the possible consequences that a contractor may face if he or she fails to provide
the information to the Owner About Construction Liens when required?
- All of these are correct
- Contractor may be fined
- Contractor may lose lien rights
- Contractor may have CCB license suspended - ANSWER - All of these are correct
- Contractor may be fined
- Contractor may lose lien rights
- Contractor may have CCB license suspended
4
must possess a license from the: - ANSWER Oregon Water Resource Department (OWRD)
True or False
Prompt billing and prompt collections make for a healthier cash flow. - ANSWER True
Oregon OSHA consultants WILL NOT: - ANSWER Issue citations or propose penalties for
violations of OSHA standards.
1) Questions to answer when preparing your project schedule include all of these except:
- All of these are questions to ask
- What equipment will be needed?
- How long will each task take to complete?
- What type of crew will be needed to complete the activity? - ANSWER - All of these are
questions to ask
- What equipment will be needed?
- How long will each task take to complete?
- What type of crew will be needed to complete the activity?
For Notice of Right Lien purpose, a commercial improvement is defined as: - ANSWER A
structure that is not used or intended for use as a residential building
I am the residential original contractor and I provide labor and materials for the project.
Who do I need to give a notice of Right to Lien to? - ANSWER Mortgagee
1
,A quantity survey is also referred to as a: - ANSWER Take Off
Tagout involves placing a warning tag: - ANSWER On an energy-isolation device
Other than Take Off, other common construction estimate types include all, except: - AN-
SWER Ballpark Estimates
True or False
An on-site of host employer is responsible for ensuring a safe place of employment for
leased or temporary workers. - ANSWER True
The state unemployment tax rate varies base on: - ANSWER The history of unemploy-
ment claims against the employer.
Stop work order violations can result in: - ANSWER - Any of these could be the result of
failure to comply with a stop work order.
- Court action
- Permit or license revocation
- Civil penalties
The ___________________ gives an overview of the project, deadlines, and general require-
ments. - ANSWER Invitation to Bid
"Job Logic" refers to: - ANSWER The sequence of work
True or False
Self-employment taxes apply to all forms of business entities. - ANSWER False
2
,- Money earned and money spent are accounted for in the year they are received or paid,
respectively. - ANSWER In the Cash Method
The Itemized Summary is the basis for: - ANSWER A complete and accurate estimate of
project costs and lists all major items of work in the order they are to be performed.
A major difference between the EIN and the BIN is: - ANSWER One is federal and one is
state
Poor construction and storage practices can result in _________________ inside the struc-
ture walls. - ANSWER Molds and fungus
Builders now must use corrosion-resistance flashing in these specified locations, except: -
ANSWER Surrounding all interior bedroom doors.
Compliance with environmental regulations can protect a contractor from:
- All of these are correct
- Private party lawsuits
- Criminal and civil penalties
- Liability claims - ANSWER - All of these are correct
- Private party lawsuits
- Criminal and civil penalties
- Liability claims
Using the Quantity Take-Off method for estimating, you begin by estimating the cost of
_________________ for each individual task. - ANSWER Labor and materials
Contractors must apply for permits through: - ANSWER Their local building department
3
, A cost effective method for managing material costs and keeping inventory costs down is
the: - ANSWER JIT - Just In Time
These are materials prohibited form open burning in Oregon except for: - ANSWER Un-
painted and untreated scrap wood
An owner-seller may comply with the Homebuyers Protection Act (HPA) by:
- Doing any of these
- Purchasing title insurance that does not exclude filed or unfiled claims of lien,
- Obtaining lien waivers or releases
- Retaining at least 25% of the sales price in escrow - ANSWER - Doing any of these
- Purchasing title insurance that does not exclude filed or unfiled claims of lien,
- Obtaining lien waivers or releases
- Retaining at least 25% of the sales price in escrow
What are the possible consequences that a contractor may face if he or she fails to provide
the information to the Owner About Construction Liens when required?
- All of these are correct
- Contractor may be fined
- Contractor may lose lien rights
- Contractor may have CCB license suspended - ANSWER - All of these are correct
- Contractor may be fined
- Contractor may lose lien rights
- Contractor may have CCB license suspended
4
