Depreciation is taken on which of the company's assets? C ... Explanation: Depreciation is counted from fixed assets.
a. Loans
b. Current assets
c. Fixed assets
d. None of the above
A private employer who employs __ or more people as of C ... Explanation: A private employer who employs 15 or more people as of July 1,
July 1, 2010, may not hire a new employee unless the 2010, may not hire a new employee unless the employer is registered with and uses
employer is registered with and uses a status verification a status verification system such as E -Verify to verify the federal legal working
system such as E -Verify to verify the federal legal working status of any new employee.
status of any new employee.
a. 5
b. 10
c. 15
d. 1
If a contractor decides to increase the contract price, the C ... Explanation: A written and signed change order can allow the contractor to
contractor: change a contract price.
a. Should get a loan from the bank
b. May request assistance from the subcontractor
c. And the owner must agree to a written and signed
change order
d. Should request the building inspector to revise the
specifications
If a subcontractor signs an unconditional waiver and A ... Explanation: Once the subcontractor signs an unconditional waiver and
release, this would imply that a: release, the subcontractor cannot ask anything more of the owner.
a. Subcontractor cannot ask anything more of the owner
b. Owner cannot ask anything more of the subcontractor
c. Subcontractor cannot get anything from the prime
d. Subcontractor cannot ask anything more of the prime
Any applicant who has been denied a license to practice 5. C ... Explanation: Any applicant who has been denied a license to practice on the
on the basis of credentials, or failure to pass a required basis of credentials, character, or failure to pass a required examination, or who has
examination, may submit a request for agency review to been refused renewal or reinstatement of a license to practice on the basis that the
the executive director ____ following notification of the applicant does not meet qualifications for continued licensure in any occupation or
denial of a license or refusal to renew or reinstate a profession under the jurisdiction of the division may submit a request for agency
license. review to the executive director within 30 days following notification of the denial of
a. Within 10 days a license or refusal to renew or reinstate a license.
b. Within 20 days
c. Within 30 days
d. Within 60 days
What should a contractor do if after starting a home B ... Explanation: Any details and specifications are not represented correctly then it
improvement project the contractor discovers that the is the contractor's duty to inform the owner or his agent.
details and specifications do NOT correctly show the
existing construction?
a. Stop and work on a correction
b. Stop the job and inform the owner or his agent
c. Continue the work if variations are only minor
d. Stop the job and inform the Building Department
Keeping good accounting records is important for: D ... Explanation: Effective management, maintaining financial statements and
a. Maintaining financial statements obtaining proper financing are all the result of keeping good accounting records.
b. Obtaining financing
c. Effective management
d. All of the above
8. The promise by a party called the guarantor to make B ... Explanation: Guarantee.
good the mistake, debt, or default of another party found in
the construction contract law is called:
a. Surety
b. Guarantee
c. Warrantee
d. Agreement
, Utah Contractor Exam (Real)
9. The plans and specifications of a home improvement 9. A ... Explanation: Layout sizes are usually described in plans and specifications
project usually describe: of home improvement projects.
a. Layout sizes
b. Liquidated damages
c. Consent to arbitrate
d. Neighborhood regulations
The number of years that an employer must keep records B ... Explanation: 4 years is the amount of time an employer must keep records of
of FUTA and other federal taxes is: FUTA and other federal taxes.
a. 2 years
b. 4 years Page: 5-2
c. 6 years
d. 10 years
What is the term for a detailed compilation of the quantity C ... Explanation: Estimators use construction blueprints, either manually or
of each elemental work item? electronically, and start "taking off" quantities of items they will need from those
a. Summary sheet blueprints in order to prepare part of the estimate.
b. Bid invitation
c. Takeoff Page: 6-3
d. Specification
Before beginning work, an employer or contractor must C ... Explanation: Buildings prior to 1978 may contain asbestos.
inquire whether asbestos is present in any building
constructed prior to: Page: 4-5
a. 1990
b. 1987
c. 1978
d. 1979
Important thing to include when advertising for construction C ... Explanation: A contractor's license number should be presented when
work is: advertising for legitimacy purposes.
a. The company's complete name style
b. A list of all the owners of the company
c. The contractor's license number
d. The company's address
Which type of specification is most commonly used for D ... Explanation: Open.
public work?
a. Bidder's choice
b. Restricted
c. Closed
d. Open
______ you pass the state required exams, all applicants A ... Explanation: After you pass the state required exams, all applicants must
must complete the required application to obtain a complete the required application to obtain a contractor license. The contractor
contractor license. The contractor application consists of application consists of numerous pages of information you must fill out completely
numerous pages of information you must fill out completely and correctly or you will be denied a license.
and correctly or you will be denied a license.
a. After
b. Before
c. Both A and B
d. None of the above
The best way to determine if a contractor is duly licensed? D ... Explanation: The Utah Department of Professional Licensing has records of all
a. Ask the contractor if he is licensed licensed construction personnel and is the best place to see if someone is licensed.
b. Look at the contractor's pocket license
c. Ask to see the contractor's license bond
d. Call the Utah Department of Professional Licensing
A ___________ is needed if an owner wants a contractor D ... Explanation: A new contract specifying the new time or a letter of intent can be
to start earlier before the formalities associated with the written if the owner wants the contractor to start work earlier than the indicated time.
signing of the contract can be completed.
a. Writ of mediation
b. Proviso of estoppel
c. Escape clause
d. Letter of intent
, Utah Contractor Exam (Real)
_____ your application is submitted to the D.O.P.L. you B ... Explanation: Before your application is submitted to the D.O.P.L. you must
must purchase the required public liability insurance. purchase the required public liability insurance.
a. After
b. Before
c. Both A and B
d. None of the above
Which can be said about fixed expenses? A ... Explanation: In this case a fixed expense is considered to be overhead costs.
a. Overhead is generally considered a fixed expense
b. Fixed expenses vary over time
c. Direct labor is generally considered a fixed expense
d. Fixed expenses usually amount to less than 10% of total
expenses
One way of guaranteeing project completion and B ... Explanation: Retention is the process of not paying in order for the project to be
correction of defects is by withholding funds which is also completed.
called:
a. Stipulation
b. Retention
c. Umbrage
d. Remainder
_________ defines the total financial resources available D ... Explanation: Equity defines the total financial resources to the contractor.
to the contractor.
a. Accounting losses
b. Positive financial Ratios
c. Capitalization
d. Equity
When doing several prime contracts in a construction D ... Explanation: The specifications usually establish limits in the prime contract.
project, the limits of each prime contract will usually be
established in the:
a. Bidding requirements
b. Agreement
c. General conditions
d. Specifications
My license was up for renewal, but it expired. Why wasn't I A ... Explanation: Approximately two months before the expiration date of the
contacted? license, DOPL sends out one notice of license renewal to every licensee holding an
a. It is the licensee responsibility to provide current and up active license. These notices are mailed to each licensee at the address of record
to date contact information as submitted to DOPL by the licensee. If you fail to notify DOPL directly of a change
b. All licenses are automatically renewed in mailing address, there is no guarantee that the notice of renewal will reach you. It
c. You failed to request the application for renewal is your responsibility, as a licensee, to maintain a current address with DOPL and to
d. All of the above make sure that the license is renewed before the expiration date. If your address is
incorrect, you will not receive renewal notices or other correspondence.
If more than 0.1 asbestos is discovered in the construction B ... Explanation: OSHA should be contacted if more than 0.1 of asbestos is found
materials, the following should be done: in construction materials since they can give further instructions.
a. The crew should try not to disturb the area but keep
working
b. The contractor should contact OSHA immediately
c. The workers should stop and remove the materials
wearing masks and gloves
d. The crew should wet down the area with water and
continue working
A cancellation of contract happens: B ... Explanation: When the buyer tenders written notice of cancellation to the seller
a. When the buyer's agent informs the seller of the buyer's at the contracts address.
intention not to be bound by contract
b. When the buyer tenders written notice of cancellation to
the seller at the contracts specified address
c. At the instant the buyer calls the seller
d. When the contract is lost
, Utah Contractor Exam (Real)
Once I submit my application, can I work until I get my B ... Explanation: No. Applicants must wait until the application is processed and the
license from DOPL? license is issued to begin working. Additionally, some licensees are also required to
a. Yes wait until the license certificate is received to begin working.
b. No
c. Only if the projects do not exceed $10,000
d. Only if the projects do not exceed $50,000
If depreciation of equipment is not accounted for on a C ... Explanation: Anytime depreciation is not accounted for on a balance sheet,
balance sheet, debts are: debts are overstated.
a. Leveled off
b. Understated
c. Overstated
d. Discounted
Preliminary notice must be filed with the Construction B ... Explanation: Preliminary notice must be filed with the Construction Registry
Registry within __ days after commencement of claimant's within 20 days after commencement of claimant's work; if notice is filed after the
work. proscribed 20 day period, it is effective as of 5 days after the filing of the notice (and
a. 10 preserves claimant's rights only after the effective date). Preliminary notice has no
b. 20 effect if it is filed more than 10 days after the filing of a Notice of Completion.
c. 30
d. 60
A license may not be reinstated subsequent to action D ... Explanation: A license may not be reinstated subsequent to action taken under
taken under Section 58-1-401 _______ after the action Section 58-1-401 within 90 days after the action has been taken, unless the division
has been taken, unless the division in collaboration with in collaboration with the appropriate board imposes other conditions.
the appropriate board imposes other conditions.
a. Within 30 days
b. Within 60 days
c. Within 90 days
d. Within 120 days
If a jobsite is found to have unsafe conditions OSHA has D ... Explanation: OSHA has the power to stop work until all unsafe or hazardous
the power to stop work for: working conditions are resolved.
a. 8 hours
b. 24 hours
c. 72 hours
d. Until the working hazard is resolved
As a safety precaution, how many feet should there be A ... Explanation: 25 feet minimum.
between explosives and electrical wiring?
a. 25 feet
b. 50 feet
c. 100 feet
d. 500 feet
If a homeowner requests that the contractor to obtain a A ... Explanation: A payment and performance bond is a surety bond that ensures
payment and performance bond, the Owner is wanting that the contractor completes his work. In this case, it is coverage for materials,
coverage for: labor and supplies.
a. Materials, labor and supplies
b. Equipment, tools and supplies
c. Personal injury, overhead and equipment
d. Property damage, personal injury and acts of God
Written reports are required to be written by employer in D ... Explanation: The employer is required to write a report for injuries that require
case of which job related injury? first aid, injuries beyond the requirement of first aid and if the employee is required
a. An injury requiring just first aid to return to work after their injury.
b. An injury requiring medical attention beyond first aid
c. If the employee is required to return to work after the
injury
d. All of the above
The term for the written documents which describe the C ... Explanation: General conditions.
rights, responsibilities, and relationships of the contracting
parties is called:
a. Specifications
b. Standard documents
c. General conditions
d. Contract documents