100 PRACTICE QUESTIONS FOR THE
FLORIDA CONTRACTORS MANUAL
A,properly,registered,fictitious,name,is,valid,for,________________
A.,1,year
B.,2,years
C.,3,years
D.,5,years,-,ans--D.,5,years
1-15
Which,of,the,following,would,have,jurisdiction,over,dredging,or,excavation,of,navigable,wat
ers,and,wetlands?
A.,U.S.,Dept.,of,the,Interior,
B.,Florida,Dept.,of,State
C.,Florida,Dept.of,Transportation
D.,U.S,Army,Corps,of,Engineers,-,ans--D.,U.S,Army,Corps,of,Engineers
1-16
The,name,of,the,form,which,is,used,to,apply,for,sales,tax,is?
A.,W2
B.,DR-1,
C.,S1
D.,W4,-,ans--B.,DR-1
1-21
Which,of,the,following,is,NOT,true,about,a,fictitious,name,registration?
A.,Valid,for,5,years.
B.,The,fictitious,name,must,be,advertised,at,least,one,time.
C.,If,a,change,of,ownership,occurs,,the,owner(s),of,record,must,file,a,cancellation,and,regist
ration,within,45,days,of,filing,
D.,Fictitious,name,registration,must,be,renewed,between,July,1,and,December,31,in,the,ex
piration,year.,-,ans--
C.,If,a,change,of,ownership,occurs,,the,owner(s),of,record,must,file,a,cancellation,and,regist
ration,within,45,days,of,filing,
1-15
,Three,partners,,Noah,,Evan,&,Steven,form,a,partnership.,Noah,invests,
$30,000;,Steven,invests,$20,000,and,Evan,invests,
$15,000.,In,addition,,Noah,performs,specific,management,functions,for,which,he,is,paid,
$5,000,from,the,partnership,proceeds.,If,the,partnership,earns,
$244,000,,how,much,will,Noah,receive?,
A.,Less,than,$70,000
B.,Between,$70,000,-$90,000
C.,Between,$90,000-$110,000
D.,More,than,$110,000,-,ans--D.,More,than,$110,000
1-12
If,the,above,partnership,were,dissolved,,showing,a,net,loss,of,
$60,000,,how,much,would,Noah,owe?
A.,$60,000,
B.,$4,666
C.,$20,000
D.,$0.00,-,ans--A.,$60,000,
1-13
According,to,the,Contractor's,Manual,,starting,capital,should,be,enough,to,cover,living,expe
nses,for,between,which,of,the,following?
A.,3,months,to,a,year,
B.,6,months,to,a,year
C.,9,months,to,a,year
D.,at,least,a,year,-,ans--A.,3,months,to,a,year
1-17
A,Partnership,will,be,dissolved,if,which,of,the,following,applies?
A.,UnlawfuI,Activity
B.,Failing,to,have,a,primary,qualifying,agent
C.,A,court,decree,under,the,partnership,act
D.,A,and,C,1-29,-,ans--D.,A,and,C,1-29
1-29
Which,of,the,following,is,NOT,characteristic,about,a,General,and,Limited,Partnership?
A.,The,limited,partnership,has,two,types,of,partners;,a,partnership,only,one.,
B.,The,general,partners,of,a,limited,partnership,have,limited,personal,liability;,the,partners,
of,a,partnership,do,not.,
C.,In,a,limited,partnership,the,limited,partners,have,no,management,responsibility.
D.,The,general,partner,has,joint,and,several,liability;,the,limited,partner,does,not,-,ans--
C.,In,a,limited,partnership,the,limited,partners,have,no,management,responsibility.
, 1-12
Which,of,the,following,is,NOT,true,about,a,sole,proprietor,,a/
k/a,DBA,,operating,a,business,in,his,own,name?
A.,A,business,fictitious,name,filing,is,necessary.
B.,A,business,Tax,Identification,Number,filing,is,necessary.
C.,Neither,A,nor,B,
D.,Both,A,and,B,-,ans--D.,Both,A,and,B
1-11
Which,of,the,following,is,an,advantage,of,owning,a,corporation?
A.,Continuity,of,existence.,
B.,Lack,of,centralized,control.
C.,sharing,of,ideas,and,management,responsibility.
D.,Easier,to,create.,-,ans--A.,Continuity,of,existence.,
1-11
Unlicensed,practice,of,a,profession,is,punishable,by,an,administrative,penalty,not,to,excee
d,_______.
A.,$500
B.,$1,000
C.,$5,000,
D.,$12,500,-,ans--C.,$5,000,
455.228(1)
Which,of,the,following,applies,to,a,qualifying,agent,of,corporation?
a.,He,is,only,qualified,to,act,for,the,business,during,normal,working,hours
b.,He,is,qualified,to,act,for,the,corporation,in,all,matters,connected,with,its,construction,busi
ness,
c.,He,does,have,authority,to,supervise,in,all,areas,of,the,company's,business
d.,None,of,the,above,-,ans--
b.,He,is,qualified,to,act,for,the,corporation,in,all,matters,connected,with,its,construction,busi
ness
489.119
If,a,contractor,is,disciplined,by,the,board,and,is,the,qualifying,agent,for,a,business,organizat
ion,and,the,violation,was,performed,in,connection,with,a,construction,project,undertaken,by
,that,business,organization,,the,board,may,impose,an,additional,administrative,fine,not,to,e
xceed___________,against,the,business,organization,or,against,any,partner,,officer,,direc
tor,,trustee,,or,member,if,such,person,participated,in,the,violation,or,knew,or,should,have,kn
own,of,the,violation,and,failed,to,take,corrective,action.
FLORIDA CONTRACTORS MANUAL
A,properly,registered,fictitious,name,is,valid,for,________________
A.,1,year
B.,2,years
C.,3,years
D.,5,years,-,ans--D.,5,years
1-15
Which,of,the,following,would,have,jurisdiction,over,dredging,or,excavation,of,navigable,wat
ers,and,wetlands?
A.,U.S.,Dept.,of,the,Interior,
B.,Florida,Dept.,of,State
C.,Florida,Dept.of,Transportation
D.,U.S,Army,Corps,of,Engineers,-,ans--D.,U.S,Army,Corps,of,Engineers
1-16
The,name,of,the,form,which,is,used,to,apply,for,sales,tax,is?
A.,W2
B.,DR-1,
C.,S1
D.,W4,-,ans--B.,DR-1
1-21
Which,of,the,following,is,NOT,true,about,a,fictitious,name,registration?
A.,Valid,for,5,years.
B.,The,fictitious,name,must,be,advertised,at,least,one,time.
C.,If,a,change,of,ownership,occurs,,the,owner(s),of,record,must,file,a,cancellation,and,regist
ration,within,45,days,of,filing,
D.,Fictitious,name,registration,must,be,renewed,between,July,1,and,December,31,in,the,ex
piration,year.,-,ans--
C.,If,a,change,of,ownership,occurs,,the,owner(s),of,record,must,file,a,cancellation,and,regist
ration,within,45,days,of,filing,
1-15
,Three,partners,,Noah,,Evan,&,Steven,form,a,partnership.,Noah,invests,
$30,000;,Steven,invests,$20,000,and,Evan,invests,
$15,000.,In,addition,,Noah,performs,specific,management,functions,for,which,he,is,paid,
$5,000,from,the,partnership,proceeds.,If,the,partnership,earns,
$244,000,,how,much,will,Noah,receive?,
A.,Less,than,$70,000
B.,Between,$70,000,-$90,000
C.,Between,$90,000-$110,000
D.,More,than,$110,000,-,ans--D.,More,than,$110,000
1-12
If,the,above,partnership,were,dissolved,,showing,a,net,loss,of,
$60,000,,how,much,would,Noah,owe?
A.,$60,000,
B.,$4,666
C.,$20,000
D.,$0.00,-,ans--A.,$60,000,
1-13
According,to,the,Contractor's,Manual,,starting,capital,should,be,enough,to,cover,living,expe
nses,for,between,which,of,the,following?
A.,3,months,to,a,year,
B.,6,months,to,a,year
C.,9,months,to,a,year
D.,at,least,a,year,-,ans--A.,3,months,to,a,year
1-17
A,Partnership,will,be,dissolved,if,which,of,the,following,applies?
A.,UnlawfuI,Activity
B.,Failing,to,have,a,primary,qualifying,agent
C.,A,court,decree,under,the,partnership,act
D.,A,and,C,1-29,-,ans--D.,A,and,C,1-29
1-29
Which,of,the,following,is,NOT,characteristic,about,a,General,and,Limited,Partnership?
A.,The,limited,partnership,has,two,types,of,partners;,a,partnership,only,one.,
B.,The,general,partners,of,a,limited,partnership,have,limited,personal,liability;,the,partners,
of,a,partnership,do,not.,
C.,In,a,limited,partnership,the,limited,partners,have,no,management,responsibility.
D.,The,general,partner,has,joint,and,several,liability;,the,limited,partner,does,not,-,ans--
C.,In,a,limited,partnership,the,limited,partners,have,no,management,responsibility.
, 1-12
Which,of,the,following,is,NOT,true,about,a,sole,proprietor,,a/
k/a,DBA,,operating,a,business,in,his,own,name?
A.,A,business,fictitious,name,filing,is,necessary.
B.,A,business,Tax,Identification,Number,filing,is,necessary.
C.,Neither,A,nor,B,
D.,Both,A,and,B,-,ans--D.,Both,A,and,B
1-11
Which,of,the,following,is,an,advantage,of,owning,a,corporation?
A.,Continuity,of,existence.,
B.,Lack,of,centralized,control.
C.,sharing,of,ideas,and,management,responsibility.
D.,Easier,to,create.,-,ans--A.,Continuity,of,existence.,
1-11
Unlicensed,practice,of,a,profession,is,punishable,by,an,administrative,penalty,not,to,excee
d,_______.
A.,$500
B.,$1,000
C.,$5,000,
D.,$12,500,-,ans--C.,$5,000,
455.228(1)
Which,of,the,following,applies,to,a,qualifying,agent,of,corporation?
a.,He,is,only,qualified,to,act,for,the,business,during,normal,working,hours
b.,He,is,qualified,to,act,for,the,corporation,in,all,matters,connected,with,its,construction,busi
ness,
c.,He,does,have,authority,to,supervise,in,all,areas,of,the,company's,business
d.,None,of,the,above,-,ans--
b.,He,is,qualified,to,act,for,the,corporation,in,all,matters,connected,with,its,construction,busi
ness
489.119
If,a,contractor,is,disciplined,by,the,board,and,is,the,qualifying,agent,for,a,business,organizat
ion,and,the,violation,was,performed,in,connection,with,a,construction,project,undertaken,by
,that,business,organization,,the,board,may,impose,an,additional,administrative,fine,not,to,e
xceed___________,against,the,business,organization,or,against,any,partner,,officer,,direc
tor,,trustee,,or,member,if,such,person,participated,in,the,violation,or,knew,or,should,have,kn
own,of,the,violation,and,failed,to,take,corrective,action.
