AZ ROC TRADE EXAM B 3 LICENSE ACTUAL
TEST QUESTIONS AND CORRECT ANSWERS
◉ keyman life insurance.
Answer: its to continue business if one dies or becomes
incapacitated
◉ how much money is deducted from employee to pay for works
comp.
Answer: nothing. employer pays for everything
◉ how soon must form I-9 be completed by.
Answer: it should be completed within 3 days of hire
◉ how long should you keep lead pamphlet receipt for.
Answer: must be kept for 3 years
◉ bonds or cash deposits should be under whos name.
Answer: the licensee
◉ how soon should you do a publication.
, Answer: you must publish within 60 days for 3 consecutives
publications
◉ who certifies when a project is complete and the work meets
conditions of the contract documents.
Answer: the architect or the engineer
◉ what are progress payments.
Answer: are partial payments made after specified phases of
construction are complete
◉ what is the single prime method.
Answer: its when a project owner hires an architectural firm to
design the project the contractor then perfume the work
◉ what is a payment bond.
Answer: guarantees that subcontractors and suppliers will be paid
for work if they perform properly under the contract
◉ a corporate name may be reserved with the corporation
commission for how many days.
Answer: 120 days prior to incorporation
TEST QUESTIONS AND CORRECT ANSWERS
◉ keyman life insurance.
Answer: its to continue business if one dies or becomes
incapacitated
◉ how much money is deducted from employee to pay for works
comp.
Answer: nothing. employer pays for everything
◉ how soon must form I-9 be completed by.
Answer: it should be completed within 3 days of hire
◉ how long should you keep lead pamphlet receipt for.
Answer: must be kept for 3 years
◉ bonds or cash deposits should be under whos name.
Answer: the licensee
◉ how soon should you do a publication.
, Answer: you must publish within 60 days for 3 consecutives
publications
◉ who certifies when a project is complete and the work meets
conditions of the contract documents.
Answer: the architect or the engineer
◉ what are progress payments.
Answer: are partial payments made after specified phases of
construction are complete
◉ what is the single prime method.
Answer: its when a project owner hires an architectural firm to
design the project the contractor then perfume the work
◉ what is a payment bond.
Answer: guarantees that subcontractors and suppliers will be paid
for work if they perform properly under the contract
◉ a corporate name may be reserved with the corporation
commission for how many days.
Answer: 120 days prior to incorporation
