CA Contractor's Law and Business Test 2
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questions with answers \| \|
A(n) _____ is used to analyze the income and outflow of cash
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during a period of time.\| \| \| \| \|
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\| Click here to select answer A.
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balance sheet \|
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\| Click here to select answer B.
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income statement \|
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\| Click here to select answer C.
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profit plan \|
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\| Click here to select answer D.
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cash flow statement - CORRECT ANSWERS ✔✔D
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Lead in Construction work:
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\| Click here to select answer A.
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employers shall provide a written lead-work pre-job notification to
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the nearest DOSH District office.
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\| Click here to select answer B.
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employers are responsible for being knowledgeable about the \| \| \| \| \| \| \| \|
permissible exposure limit (PEL). \| \| \|
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\| Click here to select answer C.
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the employer shall ensure that all employees and supervisors
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that perform any lead-related construction work are trained by an
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accredited training provider and are then certified by the
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California Department of Health Services (CDPH). \| \| \| \| \|
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\| Click here to select answer D.
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all of the above. - CORRECT ANSWERS ✔✔D
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A subcontractor must file a mechanics' lien with the:
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\| Click here to select answer A.
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County Clerk \|
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\| Click here to select answer B.
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County Recorder \|
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\| Click here to select answer C.
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owner
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\| Click here to select answer D.
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lender - CORRECT ANSWERS ✔✔B \| \| \| \|
,A notice canceling a home solicitation contract becomes
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effective: \|
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\| Click here to select answer A.
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when the written notice is deposited in the mail
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\| Click here to select answer B.
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when signed by the owner
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\| Click here to select answer C.
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the day the owner cancels by telephone
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\| Click here to select answer D.
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within 72 hours from the postmark on the cancellation letter -
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CORRECT ANSWERS ✔✔A \| \|
An income statement shows:
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\| Click here to select answer A.
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assets and liabilities over an extended period of time
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\| Click here to select answer B.
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revenues and losses at a certain point in time
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, \| Click here to select answer C.
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assets and liabilities at a certain point in time
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\| Click here to select answer D.
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revenues and expenses over an extended period of time -
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CORRECT ANSWERS ✔✔D \| \|
According to State Law, what should an employer do if an
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employee is using defective machinery? \| \| \| \| \|
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\|
\| Click here to select answer A.
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Correct the safety violation immediately.
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\|
\| Click here to select answer B.
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First report the safety violation to Cal/OSHA.
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\| Click here to select answer C.
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First report the problem to the prime contractor or awarding
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authority.
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\| Click here to select answer D.
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Ask for a consultation with a safety engineer. - CORRECT
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ANSWERS ✔✔A \|
At the end of each month, data is posted from the bookkeeping
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journals to the: \| \| \|
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questions with answers \| \|
A(n) _____ is used to analyze the income and outflow of cash
\| \| \| \| \| \| \| \| \| \| \| \|
during a period of time.\| \| \| \| \|
\|
\|
\| Click here to select answer A.
\| \| \| \| \|
balance sheet \|
\|
\| Click here to select answer B.
\| \| \| \| \|
income statement \|
\|
\| Click here to select answer C.
\| \| \| \| \|
profit plan \|
\|
\| Click here to select answer D.
\| \| \| \| \|
cash flow statement - CORRECT ANSWERS ✔✔D
\| \| \| \| \| \|
Lead in Construction work:
\| \| \| \|
\|
\|
\| Click here to select answer A.
\| \| \| \| \|
employers shall provide a written lead-work pre-job notification to
\| \| \| \| \| \| \| \|
the nearest DOSH District office.
\| \| \| \| \|
,\|
\| Click here to select answer B.
\| \| \| \| \|
employers are responsible for being knowledgeable about the \| \| \| \| \| \| \| \|
permissible exposure limit (PEL). \| \| \|
\|
\| Click here to select answer C.
\| \| \| \| \|
the employer shall ensure that all employees and supervisors
\| \| \| \| \| \| \| \| \|
that perform any lead-related construction work are trained by an
\| \| \| \| \| \| \| \| \|
accredited training provider and are then certified by the
\| \| \| \| \| \| \| \| \| \|
California Department of Health Services (CDPH). \| \| \| \| \|
\|
\| Click here to select answer D.
\| \| \| \| \|
all of the above. - CORRECT ANSWERS ✔✔D
\| \| \| \| \| \| \|
A subcontractor must file a mechanics' lien with the:
\| \| \| \| \| \| \| \| \|
\|
\|
\| Click here to select answer A.
\| \| \| \| \|
County Clerk \|
\|
\| Click here to select answer B.
\| \| \| \| \|
County Recorder \|
\|
\| Click here to select answer C.
\| \| \| \| \|
owner
\|
\| Click here to select answer D.
\| \| \| \| \|
lender - CORRECT ANSWERS ✔✔B \| \| \| \|
,A notice canceling a home solicitation contract becomes
\| \| \| \| \| \| \| \|
effective: \|
\|
\|
\| Click here to select answer A.
\| \| \| \| \|
when the written notice is deposited in the mail
\| \| \| \| \| \| \| \|
\|
\| Click here to select answer B.
\| \| \| \| \|
when signed by the owner
\| \| \| \|
\|
\| Click here to select answer C.
\| \| \| \| \|
the day the owner cancels by telephone
\| \| \| \| \| \|
\|
\| Click here to select answer D.
\| \| \| \| \|
within 72 hours from the postmark on the cancellation letter -
\| \| \| \| \| \| \| \| \| \| \|
CORRECT ANSWERS ✔✔A \| \|
An income statement shows:
\| \| \| \|
\|
\|
\| Click here to select answer A.
\| \| \| \| \|
assets and liabilities over an extended period of time
\| \| \| \| \| \| \| \|
\|
\| Click here to select answer B.
\| \| \| \| \|
revenues and losses at a certain point in time
\| \| \| \| \| \| \| \|
\|
, \| Click here to select answer C.
\| \| \| \| \|
assets and liabilities at a certain point in time
\| \| \| \| \| \| \| \|
\|
\| Click here to select answer D.
\| \| \| \| \|
revenues and expenses over an extended period of time -
\| \| \| \| \| \| \| \| \| \|
CORRECT ANSWERS ✔✔D \| \|
According to State Law, what should an employer do if an
\| \| \| \| \| \| \| \| \| \| \|
employee is using defective machinery? \| \| \| \| \|
\|
\|
\| Click here to select answer A.
\| \| \| \| \|
Correct the safety violation immediately.
\| \| \| \|
\|
\| Click here to select answer B.
\| \| \| \| \|
First report the safety violation to Cal/OSHA.
\| \| \| \| \| \|
\|
\| Click here to select answer C.
\| \| \| \| \|
First report the problem to the prime contractor or awarding
\| \| \| \| \| \| \| \| \| \|
authority.
\|
\| Click here to select answer D.
\| \| \| \| \|
Ask for a consultation with a safety engineer. - CORRECT
\| \| \| \| \| \| \| \| \| \|
ANSWERS ✔✔A \|
At the end of each month, data is posted from the bookkeeping
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journals to the: \| \| \|
