PRACTICE TEST (2026/2027)
The standard for excellence was developed and adopted when? _____________ - correct
answer ✔✔2007
the purpose of the _____________ is to serve as a labor and management commitment to
uphold the highest industry standards in the workplace and ensure customer satisfaction -
correct answer ✔✔standard for excellence
today fewer than one in _____ workers belongs to a union - correct answer ✔✔ten
there are ______ components to the message of the standards for excellence - correct answer
✔✔three
The U.A. is dedicated to doing the best job possible, upholding its motto
"___________________". - correct answer ✔✔we do it right the first time
Benefits and mandated costs are negotiated by _____________ or required by the state or
federal government. - correct answer ✔✔contract
______________ cost incurred, per hour of labor, for costs that are directly associated with a
specific project. - correct answer ✔✔Project labor overhead
The ______________ is cost incurred by a firm that cannot be directly assigned to a specific
project. - correct answer ✔✔contractors overhead
The contractors overhead is sometimes called the _____________________. - correct answer
✔✔general overhead
, The _________________________ determines overhead and profit percentages. - correct
answer ✔✔contractor
Contractor profit is between 1 and _____ % - correct answer ✔✔3
_____________________ is the difference between the dollar amount of the contract, and the
direct cost of doing the work - correct answer ✔✔gross margin
The typical contractor profit is 1 to 3 percent of each contract, which is then subject to a
__________ percent state and federal government tax - correct answer ✔✔40
___________________________ is the percentage of total available market. - correct answer
✔✔Market share
In addition to the push to capture market share, one of the largest concerns is the
___________________ of the U.A. membership. - correct answer ✔✔demographics
As a ___________________ , your primary responsibility will be to supervise and lead a group
of workers as they work at a construction site. - correct answer ✔✔foreman
a ____________ type of contract usually has an undetermined final price. - correct answer
✔✔time and material
The ___________________ is the agreement between the employer and the union that
outlines enforceable contract, jurisdictional, and grievance procedures. - correct answer
✔✔collective bargaining agreement (c.b.a.)