NASCLA Business, Law and Project
Management (Basic) - Practice Test 2
2025/2026 Exam Questions and Correct
Answers | New Update
The _____ method recognizes income when the employer has done the
work but has not received the income.
A. Accrual
B. Appreciation
C. Depreciation
D. Cash - 🧠 ANSWER ✔✔A. Accrual
13-7
A _____ bundles all cost factors for entire task.
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
1
PRIVACY STATEMENT. ALL RIGHTS RESERVED
,A. Lump sum
B. Cost plus
C. Percent completion method
D. Unit price method - 🧠 ANSWER ✔✔D. Unit price method
6-7
_____ requires paying prevailing wages in federally-financed projects.
A. Service Contract Act
B. Walsh-Healey Act
C. Wage Garnishment Law
D. Davis-Bacon Act - 🧠 ANSWER ✔✔D. Davis-Bacon Act
10-7
_____ absolves the indemnified party from any payment for losses and
damages incurred by a third party.
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
2
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, A. Indemnification
B. Delays and extensions of time
C. Schedule acceleration
D. Force majeure - 🧠 ANSWER ✔✔A. Indemnification
7-4
An Emergency Action plan should include _____.
A. Student's name
B. Employer's name
C. Administrator's name
D. Next of kin - 🧠 ANSWER ✔✔C. Administrator's Name
11-3
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
3
PRIVACY STATEMENT. ALL RIGHTS RESERVED
Management (Basic) - Practice Test 2
2025/2026 Exam Questions and Correct
Answers | New Update
The _____ method recognizes income when the employer has done the
work but has not received the income.
A. Accrual
B. Appreciation
C. Depreciation
D. Cash - 🧠 ANSWER ✔✔A. Accrual
13-7
A _____ bundles all cost factors for entire task.
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
1
PRIVACY STATEMENT. ALL RIGHTS RESERVED
,A. Lump sum
B. Cost plus
C. Percent completion method
D. Unit price method - 🧠 ANSWER ✔✔D. Unit price method
6-7
_____ requires paying prevailing wages in federally-financed projects.
A. Service Contract Act
B. Walsh-Healey Act
C. Wage Garnishment Law
D. Davis-Bacon Act - 🧠 ANSWER ✔✔D. Davis-Bacon Act
10-7
_____ absolves the indemnified party from any payment for losses and
damages incurred by a third party.
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
2
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, A. Indemnification
B. Delays and extensions of time
C. Schedule acceleration
D. Force majeure - 🧠 ANSWER ✔✔A. Indemnification
7-4
An Emergency Action plan should include _____.
A. Student's name
B. Employer's name
C. Administrator's name
D. Next of kin - 🧠 ANSWER ✔✔C. Administrator's Name
11-3
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
3
PRIVACY STATEMENT. ALL RIGHTS RESERVED
