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MICHIGAN BUILDERS LICENSE UPDATED EXAMS TEST PAPER QUESTIONS AND ANSWERS SURE A.pdf

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MICHIGAN BUILDERS LICENSE UPDATED EXAMS TEST PAPER QUESTIONS AND ANSWERS SURE A.pdf

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MICHIGAN BUILDERS LICENSE UPDATED EXAMS TEST
PAPER QUESTIONS AND ANSWERS SURE A+
✔✔What is a natural, colorless, odorless, radioactive gas that seeps out of soil? -
✔✔radon

✔✔What is the target level for indoor radon? - ✔✔0.4PCI/L

✔✔4PCI/L of radon exposure is equivalent to how many cigarettes a day? - ✔✔10

✔✔How long after lead exposure do you have to treat it before you become poisoned? -
✔✔30 days

✔✔To retard radon, code requires what to be put on the basement floor prior to pouring
the concrete? - ✔✔3 1/2" of gravel and visqueen

✔✔What does ACM stand for? - ✔✔Asbestos Contaminated Material

✔✔What percentage of asbestos needs to be in a material to make it ACM? - ✔✔1%

✔✔What does PACM stand for? - ✔✔Presumed Asbestos Contaminated Material

✔✔What is the 60"x60" impervious plastic bag enclosure that is required to work with
ACM and PACM? - ✔✔Glovebag

✔✔Which act provides a system to provide an employee with wage replacement,
medical benefits, rehab, and dependent benefits? - ✔✔Worker's Disability
Compensation Act 317

✔✔What are the two choices for compensation? - ✔✔Self-Insured, approved provider

✔✔Which form is used to report injuries? - ✔✔form 100

✔✔What are the methods for accounting? - ✔✔Cash basis, accrual basis

✔✔Which accounting basis records revenues when they are earned and records
expenses when incurred? - ✔✔accrual

✔✔Which accounting basis records revenues when they are received and expenses are
recorded when paid? - ✔✔cash

✔✔What is it called when the amounts are owed to suppliers by the business? -
✔✔Accounts payable

, ✔✔What is the true ownership values? - ✔✔equity

✔✔What is it called when an amount is owed to the business by the customer for
services? - ✔✔Accounts receivable

✔✔What is the most liquid? - ✔✔cash

✔✔What are assets that can be turned into cash within 1 year? - ✔✔current assets

✔✔What are payments of debt within 1 year? - ✔✔current liabilities

✔✔What can be written off to a long term asset? - ✔✔Depreciation

✔✔What is the cost of doing business? - ✔✔expenses

✔✔What are long term assets (land/building/equipment)? - ✔✔fixed assets

✔✔What are payments of debt that exceed 1 year? - ✔✔long term liabilities

✔✔What is the amount owed for land or building? - ✔✔mortgage (note payable)

✔✔What are assets - liabilities? - ✔✔working capital

✔✔What is the amount earned by the business during 1 year? - ✔✔revenue

✔✔How long should business records be kept? - ✔✔7 yrs

✔✔How long should personal records be kept? - ✔✔3 yrs

✔✔What are the two types of helmets? - ✔✔Class A, Class B

✔✔What type of helmet should a worker use for industrial head protection? - ✔✔Class
A

✔✔What type of helmet should a worker use when exposed to at least 600 volts? -
✔✔Class B

✔✔What are the five fire classifications? - ✔✔Class A, B, C, D, K

✔✔What kind of fire is fueled by wood, cloth, paper, rubber, or plastics? - ✔✔Class A

✔✔Which kind of fire is fueled by liquids, gases, and greases? - ✔✔Class B

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