34. How does an employer obtain worker's compensation insurance?
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By purchasing a policy from an insurance agent
From the Joint Underwriting Association
By qualifying as an individual self-insured
An employer may contract with a professional employer organization that
has secured worker's comp
25. Under the Worker's Compensation Drug-Free Workplace Program, can a
Contractor conduct random drug testing of his/her employees?
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, The law does not prohibit a private employer from conducting random
testing or any other lawful testing of employees
13. What must a contractor do to prevent cash flow problems at the end of a
construction project?
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Obtain a line of credit from a bank
40. Under the accrual basis of accounting, revenues are reported in the accounting
period when the:
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Services or good have been delivered
66. What is a cost management system and what does it do?
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It gives a cost history to analyze labor and material costs
38. In the event that an employee quits without prior notice the contractor must pay
wages:
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In full, paid a the next regular pay period.
22. Is compensation payable if an employee refuses to use a safety appliance like a
hard hat, safety goggles or observe a safety rule?
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Yes, but the benefits may be reduced by 25%
42. Which is found generally to be TRUE about construction contracts?
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Specific provisions prevail over general provision
53. The two most frequent types of loans a contractor would see:
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Construction or permanent loans
94. The following must be included in a contract:
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By purchasing a policy from an insurance agent
From the Joint Underwriting Association
By qualifying as an individual self-insured
An employer may contract with a professional employer organization that
has secured worker's comp
25. Under the Worker's Compensation Drug-Free Workplace Program, can a
Contractor conduct random drug testing of his/her employees?
Give this one a try later!
, The law does not prohibit a private employer from conducting random
testing or any other lawful testing of employees
13. What must a contractor do to prevent cash flow problems at the end of a
construction project?
Give this one a try later!
Obtain a line of credit from a bank
40. Under the accrual basis of accounting, revenues are reported in the accounting
period when the:
Give this one a try later!
Services or good have been delivered
66. What is a cost management system and what does it do?
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It gives a cost history to analyze labor and material costs
38. In the event that an employee quits without prior notice the contractor must pay
wages:
, Give this one a try later!
In full, paid a the next regular pay period.
22. Is compensation payable if an employee refuses to use a safety appliance like a
hard hat, safety goggles or observe a safety rule?
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Yes, but the benefits may be reduced by 25%
42. Which is found generally to be TRUE about construction contracts?
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Specific provisions prevail over general provision
53. The two most frequent types of loans a contractor would see:
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Construction or permanent loans
94. The following must be included in a contract:
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