TEST BANK
FLORIDA CONTRACTOR'S
MANUAL 2021 EDITION
by Annio Mecias-Murphy
2021 Edition
1 Exam Prep – Contractors Manual 2017 (Electrical Contractors) 1
, 1 Exam Prep
Florida Contractors Manual 2021
Tabs and Highlights
(Electrical Contractors)
These 1 Exam Prep Tabs are based on the Florida Contractors Manual, 2021 Edition.
Each Tabs sheet has five rows of tabs. Start with the first tab at the first row at the top of the page; proceed
down that row placing the tabs at the locations listed below. Place each tab in your book setting it down one
notch until you get to the last tab (usually the index or glossary). Then start with the highlights.
1 Exam Prep Tab Section/Pg #.
Chapter 1 Business Planning 1-1
Ch. 1 Table of Contents 1-3
Business Organizations 1-11
Financing 1-17
Licenses/Permits 1-20
Dissolution 1-29
Chapter 2 Licensing 2-1
Ch. 2 Table of Contents 2-3
Licensing Exemptions 2-6
Financial Responsibility 2-18
Grounds for Disciplinary 2-23
Action
F.S. 455 2-26
F.S. 489 2-62
Qualifying Agents 2-86
Recovery Fund 2-105
F.S. 61G4 Rules 2-145
1 Exam Prep – Contractors Manual 2017 (Electrical Contractors) 2
,1 Exam Prep – Contractors Manual 2017 (Electrical Contractors) 3
, 1 Exam Prep Tab Section/Pg #.
Ch. 61G6: Electrical 2-207
Licensing Board
Chapter 3 Financial Management 3-1
Ch. 3 Table of Contents 3-3
Journal 3-25
Manual System 3-28
Balance Sheet 3-29
Income Statements 3-31
Depreciation MACRS 3-34
Open Invoice 3-46
Inventory 3-58
Part II Construction Accounting 3-69
Types of Capital 3-71
Job Cost Records 3-77
Types of Contracts 3-78
Revenue Recognition 3-79
Financial Ratios 3-89
Lease vs. Buy 3-93
Glossary 3-105
Davis-Bacon 3-113
TAXES Circular E 3-149
Soc. Sec. & Medicare 3-171
FUTA 3-182
1 Exam Prep – Contractors Manual 2017 (Electrical Contractors) 4
FLORIDA CONTRACTOR'S
MANUAL 2021 EDITION
by Annio Mecias-Murphy
2021 Edition
1 Exam Prep – Contractors Manual 2017 (Electrical Contractors) 1
, 1 Exam Prep
Florida Contractors Manual 2021
Tabs and Highlights
(Electrical Contractors)
These 1 Exam Prep Tabs are based on the Florida Contractors Manual, 2021 Edition.
Each Tabs sheet has five rows of tabs. Start with the first tab at the first row at the top of the page; proceed
down that row placing the tabs at the locations listed below. Place each tab in your book setting it down one
notch until you get to the last tab (usually the index or glossary). Then start with the highlights.
1 Exam Prep Tab Section/Pg #.
Chapter 1 Business Planning 1-1
Ch. 1 Table of Contents 1-3
Business Organizations 1-11
Financing 1-17
Licenses/Permits 1-20
Dissolution 1-29
Chapter 2 Licensing 2-1
Ch. 2 Table of Contents 2-3
Licensing Exemptions 2-6
Financial Responsibility 2-18
Grounds for Disciplinary 2-23
Action
F.S. 455 2-26
F.S. 489 2-62
Qualifying Agents 2-86
Recovery Fund 2-105
F.S. 61G4 Rules 2-145
1 Exam Prep – Contractors Manual 2017 (Electrical Contractors) 2
,1 Exam Prep – Contractors Manual 2017 (Electrical Contractors) 3
, 1 Exam Prep Tab Section/Pg #.
Ch. 61G6: Electrical 2-207
Licensing Board
Chapter 3 Financial Management 3-1
Ch. 3 Table of Contents 3-3
Journal 3-25
Manual System 3-28
Balance Sheet 3-29
Income Statements 3-31
Depreciation MACRS 3-34
Open Invoice 3-46
Inventory 3-58
Part II Construction Accounting 3-69
Types of Capital 3-71
Job Cost Records 3-77
Types of Contracts 3-78
Revenue Recognition 3-79
Financial Ratios 3-89
Lease vs. Buy 3-93
Glossary 3-105
Davis-Bacon 3-113
TAXES Circular E 3-149
Soc. Sec. & Medicare 3-171
FUTA 3-182
1 Exam Prep – Contractors Manual 2017 (Electrical Contractors) 4