Utah Contractor Exam Questions and Answers | Latest 2026 Update
Q: What does a balance sheet show?
Answer:
a. Liability only b. Assets only c. Net profit and sales only d. Liabilities, assets and
net worth 61. When bidding, how should the contractor proceed if he/she finds
incorrect specifications on a design? a. Submit the bid with change orders b. Tell the
owner to get specification that are correct c. Refrain from submitting the bid d. Tell
the owner to call in an architect 62. A(n) _____ represents a companies financial
position on a specified date. a. Profit plan b. Balance sheet c. Income statement d.
ROI 63. Consumers must be provided with a contractor's disciplinary disclosure:
,Q: a. Prior to completion of job b. Before the license is suspended c. Prior to
entering into a contract d. After signing a contract and before 3 business days
pass 64. Which of the following is most important regarding the safety at a job
site?
Answer:
a. The contractor should properly store b. The contractor should inspect the safety
equipment everyday c. The contractor should require the workers to use safety
equipment d. The contractor should show the workers how to use safety equipment
65. What is a cost management system and what does it do? a. Compares what others
are charging for contractors work b. It shows costs of materials only c. It shows
where profits or losses are d. It gives a cost history to analyze labor and material
costs. 66. Home improvement contracts have a 3-day notice of cancellation at the: a.
Job walk b. Execution of loan c. Time of the proposal d. Signing of the contract 67.
When doing asbestos related involving 100sq. ft. or more _________ must be
notified. a. Registrar of contractors b. Fed/OSHA c. EPA
, Q: d. OSHA 68. Once addendum is added to a construction contract, the following
details are typically included FIRST: a. Name of architect/engineer or issuing
agency b. Addendum and addendum member c. Opening remarks and
instructions d. Date of addendum 69. In order to cancel a home improvement
contract who must sign the 3-day notice of cancellation?
Answer:
a. Lender b. Homeowner c. Contractor d. Building inspector 70. What should a
contractor do if a client is unhappy with the contractor's work? a. Handle the problem
in a timely manner when it comes up b. Ignore the client until all work is done c.
Continue working and worry about the client at the end of the job d. Correct the
problem right away 71. To which agency does an employer remit state income tax
and state disability taxes withheld from an employee's wages? a. Board of
equalization b. Franchise tax board c. Utah State Tax Commission d. Internal
revenue service 72.
Q: A Notice to Owner provides information to protect the owner against: a. Faulty
work b. Incomplete work c. Material changes d. Mechanics liens 73. How many
times are you allowed to retake the contractors exam?
Answer:
a. 3 b. 1 c. Unlimited d. 5 74. One way of limiting the manufacturers' responsibility
in a construction contract is to use what type of warranty? a. Material-only b. Limited
term c. Correction of work d. Service agreement 75. Where can you file mechanic's
lien? a. City hall b. County Recorder c. Sheriffs office d. Supreme Court 76. One of
the most common reasons that a license is suspended is:
Q: What does a balance sheet show?
Answer:
a. Liability only b. Assets only c. Net profit and sales only d. Liabilities, assets and
net worth 61. When bidding, how should the contractor proceed if he/she finds
incorrect specifications on a design? a. Submit the bid with change orders b. Tell the
owner to get specification that are correct c. Refrain from submitting the bid d. Tell
the owner to call in an architect 62. A(n) _____ represents a companies financial
position on a specified date. a. Profit plan b. Balance sheet c. Income statement d.
ROI 63. Consumers must be provided with a contractor's disciplinary disclosure:
,Q: a. Prior to completion of job b. Before the license is suspended c. Prior to
entering into a contract d. After signing a contract and before 3 business days
pass 64. Which of the following is most important regarding the safety at a job
site?
Answer:
a. The contractor should properly store b. The contractor should inspect the safety
equipment everyday c. The contractor should require the workers to use safety
equipment d. The contractor should show the workers how to use safety equipment
65. What is a cost management system and what does it do? a. Compares what others
are charging for contractors work b. It shows costs of materials only c. It shows
where profits or losses are d. It gives a cost history to analyze labor and material
costs. 66. Home improvement contracts have a 3-day notice of cancellation at the: a.
Job walk b. Execution of loan c. Time of the proposal d. Signing of the contract 67.
When doing asbestos related involving 100sq. ft. or more _________ must be
notified. a. Registrar of contractors b. Fed/OSHA c. EPA
, Q: d. OSHA 68. Once addendum is added to a construction contract, the following
details are typically included FIRST: a. Name of architect/engineer or issuing
agency b. Addendum and addendum member c. Opening remarks and
instructions d. Date of addendum 69. In order to cancel a home improvement
contract who must sign the 3-day notice of cancellation?
Answer:
a. Lender b. Homeowner c. Contractor d. Building inspector 70. What should a
contractor do if a client is unhappy with the contractor's work? a. Handle the problem
in a timely manner when it comes up b. Ignore the client until all work is done c.
Continue working and worry about the client at the end of the job d. Correct the
problem right away 71. To which agency does an employer remit state income tax
and state disability taxes withheld from an employee's wages? a. Board of
equalization b. Franchise tax board c. Utah State Tax Commission d. Internal
revenue service 72.
Q: A Notice to Owner provides information to protect the owner against: a. Faulty
work b. Incomplete work c. Material changes d. Mechanics liens 73. How many
times are you allowed to retake the contractors exam?
Answer:
a. 3 b. 1 c. Unlimited d. 5 74. One way of limiting the manufacturers' responsibility
in a construction contract is to use what type of warranty? a. Material-only b. Limited
term c. Correction of work d. Service agreement 75. Where can you file mechanic's
lien? a. City hall b. County Recorder c. Sheriffs office d. Supreme Court 76. One of
the most common reasons that a license is suspended is:
