Naslca Virginia Exam Practice questions
with correct answers
What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of
license? - correct answer,,,,$500 fine per day for each day of violation plus penalties for a misdemeanor.
All Class A contractor licensure applications MUST include - correct answer,,,,information on the
knowledge, skills, and abilities of the applicant.
What is the PRIMARY purpose of licensing? - correct answer,,,,Protect the health and welfare of the
public.
When a claimant is paid funds from the Contractors Recovery Trust Fund - correct answer,,,,the
contractor's license is revoked. !!!
The application for licensure MUST include - correct answer,,,,the business address of the proposed
designated employee.
Which of the following is a requirement for a joint venture? - correct answer,,,,Either the joint venture
or each contracting party of the joint venture must be licensed.
All of the following must be licensed EXCEPT - correct answer,,,,a material supplier who advises a
contractor.
How much is the Class A initial license fee? - correct answer,,,,$200
A licensee's name change MUST be reported to the Board within a MAXIMUM of how many days? -
correct answer,,,,30 days
According to the Board Rules and Regulations, a full-time employee is one who works a MINIMUM of
how many hours per week? - correct answer,,,,30 hours.
,A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM net worth of - correct
answer,,,,$15,000.
According to the Board Rules and Regulations, which of the following could be a qualified individual? -
correct answer,,,,Any full-time employee.
An appeal of the local building official's decision to refuse to grant a modification to the USBC MUST be
made to the local building board within a MAXIMUM of how many days? - correct answer,,,,90 days.
A building official MUST issue a certificate of occupancy for a building that meets all the requirements
for a certificate within a MAXIMUM of how many working days after the certificate was requested? -
correct answer,,,,5
Additions to buildings MUST comply with - correct answer,,,,the current code for new construction.
When MUST the work be stopped following the issuance of a stop work order? - correct
answer,,,,Immediately
Who is to be in charge of a local building department? - correct answer,,,,Building official.
Contractors who are assessed a fee to support the Transaction Recovery Fund MUST pay this fee within
a MINIMUM of how many days from when the assessment fee notice was mailed? - correct answer,,,,45
days
Contractors will be assessed a fee for the Transaction Recovery Fund whenever the fund balance is less
than - correct answer,,,,$400,000.
Payments made by the Transaction Recovery Fund to claimants may include an amount for - correct
answer,,,,attorneys' fees.
A contract for which of the following types of structures may be subject to recovery from the
Transaction Recovery Fund? - correct answer,,,,Residential only.
, A verified claim for payment from the Transaction Recovery Fund MUST occur within a MAXIMUM of
what period of time from the date the claimant was awarded a final judgment? - correct answer,,,,12
months.
An appeal of a final decision of a county on an erosion control plan MUST be filed within a MAXIMUM of
how many days? - correct answer,,,,30 days.
Temporary erosion and sediment control measures MUST be removed within a MAXIMUM of how many
days after the final site stabilization? - correct answer,,,,30 days.
Which of the following statements about a sole proprietorship is TRUE? - correct answer,,,,The business,
or any part of it, can be sold, altered, or exchanged at will.
What type of business organization allows people to share financial resources? - correct
answer,,,,Partnership.
Which of the following estimating methods is typically used by the architect rather than the contractor?
- correct answer,,,,Conceptual estimate.
Equipment needs for a project are BEST estimated by - correct answer,,,,calculating the number of hours
or days it is needed.
What should be added to wage rates to ensure accuracy in estimating labor for a project? - correct
answer,,,,Labor burden.
A reason for using a lower than usual profit markup for a specific project could be to - correct
answer,,,,cover company overhead costs.
Which of the following is a TRUE statement about estimating? - correct answer,,,,Both overestimating
and underestimating costs could have disastrous consequences.
with correct answers
What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of
license? - correct answer,,,,$500 fine per day for each day of violation plus penalties for a misdemeanor.
All Class A contractor licensure applications MUST include - correct answer,,,,information on the
knowledge, skills, and abilities of the applicant.
What is the PRIMARY purpose of licensing? - correct answer,,,,Protect the health and welfare of the
public.
When a claimant is paid funds from the Contractors Recovery Trust Fund - correct answer,,,,the
contractor's license is revoked. !!!
The application for licensure MUST include - correct answer,,,,the business address of the proposed
designated employee.
Which of the following is a requirement for a joint venture? - correct answer,,,,Either the joint venture
or each contracting party of the joint venture must be licensed.
All of the following must be licensed EXCEPT - correct answer,,,,a material supplier who advises a
contractor.
How much is the Class A initial license fee? - correct answer,,,,$200
A licensee's name change MUST be reported to the Board within a MAXIMUM of how many days? -
correct answer,,,,30 days
According to the Board Rules and Regulations, a full-time employee is one who works a MINIMUM of
how many hours per week? - correct answer,,,,30 hours.
,A firm desiring to be licensed as a Class B contractor MUST have a MINIMUM net worth of - correct
answer,,,,$15,000.
According to the Board Rules and Regulations, which of the following could be a qualified individual? -
correct answer,,,,Any full-time employee.
An appeal of the local building official's decision to refuse to grant a modification to the USBC MUST be
made to the local building board within a MAXIMUM of how many days? - correct answer,,,,90 days.
A building official MUST issue a certificate of occupancy for a building that meets all the requirements
for a certificate within a MAXIMUM of how many working days after the certificate was requested? -
correct answer,,,,5
Additions to buildings MUST comply with - correct answer,,,,the current code for new construction.
When MUST the work be stopped following the issuance of a stop work order? - correct
answer,,,,Immediately
Who is to be in charge of a local building department? - correct answer,,,,Building official.
Contractors who are assessed a fee to support the Transaction Recovery Fund MUST pay this fee within
a MINIMUM of how many days from when the assessment fee notice was mailed? - correct answer,,,,45
days
Contractors will be assessed a fee for the Transaction Recovery Fund whenever the fund balance is less
than - correct answer,,,,$400,000.
Payments made by the Transaction Recovery Fund to claimants may include an amount for - correct
answer,,,,attorneys' fees.
A contract for which of the following types of structures may be subject to recovery from the
Transaction Recovery Fund? - correct answer,,,,Residential only.
, A verified claim for payment from the Transaction Recovery Fund MUST occur within a MAXIMUM of
what period of time from the date the claimant was awarded a final judgment? - correct answer,,,,12
months.
An appeal of a final decision of a county on an erosion control plan MUST be filed within a MAXIMUM of
how many days? - correct answer,,,,30 days.
Temporary erosion and sediment control measures MUST be removed within a MAXIMUM of how many
days after the final site stabilization? - correct answer,,,,30 days.
Which of the following statements about a sole proprietorship is TRUE? - correct answer,,,,The business,
or any part of it, can be sold, altered, or exchanged at will.
What type of business organization allows people to share financial resources? - correct
answer,,,,Partnership.
Which of the following estimating methods is typically used by the architect rather than the contractor?
- correct answer,,,,Conceptual estimate.
Equipment needs for a project are BEST estimated by - correct answer,,,,calculating the number of hours
or days it is needed.
What should be added to wage rates to ensure accuracy in estimating labor for a project? - correct
answer,,,,Labor burden.
A reason for using a lower than usual profit markup for a specific project could be to - correct
answer,,,,cover company overhead costs.
Which of the following is a TRUE statement about estimating? - correct answer,,,,Both overestimating
and underestimating costs could have disastrous consequences.
