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Exam (elaborations)

Nascla and General Contractor A Exam Questions And Answers 2024.

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NASCLA Practice Exam 1 Questions With 100% Correct Answers | Verified | Updated 2024. Balance sheet, income statement, statement of cashflow Three types of financial statements Sustainable practices specifically consider a building project's long term impact on the environment Board feet The volume of wood needed for a project Design-Build method of project delivery Owner contracts with one entity to provide both design and construction services. Design-build firm subcontracts as necessary. Unit Price Contract An agreement that divides a contract into various quantities of work categories for the contractor to perform cost-plus contracts adding a standard markup (set percentage added) to the cost of the product rather than have companies compete for the lowest bid; allowed for faster mobilization because companies made higher profits from producing more/fast Labor rate The most difficult factor to determine the ___ because both the hourly wage rate and crew productivity must be considered Turnkey contract

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