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FLORIDA BUILDING CONTRACTOR BUSINESS
ACTUAL EXAM PREP 2026 ALL QUESTIONS
AND CORRECT DETAILED ANSWERS ALREADY
A GRADED WITH EXPERT FEEDBACK |NEW
AND REVISED
What must a contractor do to prevent cash flow problems at the end of a
construction project? - ANSWER- Obtain a line of credit from a bank
What should be done with the contractors IRS form W-2? - ANSWER-
File a copy in the contractor's office
By law, your workers may not be younger than ______ of age. -
ANSWER- 16
Business equity is shown on the financial statement called teh: -
ANSWER- Balance Sheet
State disability and income taxes must be: - ANSWER- Reported and
paid quarterly
The only reason an employer can lawfully deny employment is
_________. - ANSWER- No work experience or social security number
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You are permitted _______ attempts within four years from the date of
the initial licensure examination to pass all portions of the examinations.
- ANSWER- Four years
The only time a contractor does not have to be licensed is if: -
ANSWER- If you are working on a minor project and not compensated
When is the best time to let your attorney see your construction
contract? - ANSWER- After the contract is prepared but before you sign
it
Is compensation payable if an employee refuses to use a safety appliance
like a hard hat, safety goggles or observe a safety rule? - ANSWER-
Yes, but the benefits may be reduced by 25%
One reason why a contractor keeps change order on file is: - ANSWER-
By law
Which form authorizes a contractor to proceed with work until a formal
change order can be processed? - ANSWER- Field Order
Under the Worker's Compensation Drug-Free Workplace Program, can a
Contractor conduct random drug testing of his/her employees? -
ANSWER- The law does not prohibit a private employer from
conducting random testing or any other lawful testing of employees
FLORIDA BUILDING CONTRACTOR BUSINESS
ACTUAL EXAM PREP 2026 ALL QUESTIONS
AND CORRECT DETAILED ANSWERS ALREADY
A GRADED WITH EXPERT FEEDBACK |NEW
AND REVISED
What must a contractor do to prevent cash flow problems at the end of a
construction project? - ANSWER- Obtain a line of credit from a bank
What should be done with the contractors IRS form W-2? - ANSWER-
File a copy in the contractor's office
By law, your workers may not be younger than ______ of age. -
ANSWER- 16
Business equity is shown on the financial statement called teh: -
ANSWER- Balance Sheet
State disability and income taxes must be: - ANSWER- Reported and
paid quarterly
The only reason an employer can lawfully deny employment is
_________. - ANSWER- No work experience or social security number
, 2|Page
You are permitted _______ attempts within four years from the date of
the initial licensure examination to pass all portions of the examinations.
- ANSWER- Four years
The only time a contractor does not have to be licensed is if: -
ANSWER- If you are working on a minor project and not compensated
When is the best time to let your attorney see your construction
contract? - ANSWER- After the contract is prepared but before you sign
it
Is compensation payable if an employee refuses to use a safety appliance
like a hard hat, safety goggles or observe a safety rule? - ANSWER-
Yes, but the benefits may be reduced by 25%
One reason why a contractor keeps change order on file is: - ANSWER-
By law
Which form authorizes a contractor to proceed with work until a formal
change order can be processed? - ANSWER- Field Order
Under the Worker's Compensation Drug-Free Workplace Program, can a
Contractor conduct random drug testing of his/her employees? -
ANSWER- The law does not prohibit a private employer from
conducting random testing or any other lawful testing of employees
