Quiz_________________?
a person who is issued a written citation pursuant to NRA 624.341 may contest the citation
within ______ business days after the date on which the citation is served on the person.
A. 30
B. 15
C. 10
D. 45 -
Answer✅
B.15
Quiz_________________?
stop depositing FUTA tax on an employees wages when ______ for the calendar year is
reached
A. no limit
B. $1,000
C. $7,000
D. $1,500 -
Answer✅
C. $7,000
1
, Quiz_________________?
According to the FLSA, a workweek is a period of _____ hours during 7 consecutive 24
hour periods.
A. 40
B. 24
C. 8
D. 168 -
Answer✅
D.168
Quiz_________________?
a quick ration is the process of deducting inventory from current assets then dividing by
current liabilities. EX: you have 73,000 in current assets, 12,000 of that is inventory and
current liabilities are 35,000. Take 73,000 minus 12,000 = 61,000 divided by 35,000 give you
1.74. Any ration compared to 1 is good, the higher the amount over the 1 the better. So the
quick ratio is 1/74 to 1. -
Answer✅
Quiz_________________?
In limited partnership, one or more _____ manage the business.
A. Limited partners
B. General partners
C. all the above
D. none of the above -
Answer✅
B. General partners
Quiz_________________?
2
, Records for Federal employment taxes must be kept for minimum of ____ and be available
for IRS review.
A. 5 years
B. 3 years
C. 4 years
D. 2 years -
Answer✅
C. 4 years
Quiz_________________?
Employers must verify the eligibility of each employ by completing USCIS for 1-9 as well as
examine documents that establish the employees identity and eligibility to work in the
United States. Certain documents are acceptable on their own for establishing both identity
and eligibility. which of the following does not meet these requirements?
A. Permanent resident card
B. United States passport
C. All of the above
D. Votes registration -
Answer✅
D. Voters registration
Quiz_________________?
As a contractor you hold a general liability policy with $1,000 deductible with no riders. An
accident occurs on your job site. A passerby is injured with total injuries amounting to
$1,000. There is $3,000 in equipment damage and $2,000 in injuries to your employee. what
is the financial obligation of the general liability company?
Solution: the contractor would pay the deductible, which is the same amount of the covered
injury. there is no equipment rider on this policy and workers comp would cover the
employee, so the amount the liability insurance company would pay is none.
A. $1,000
B.$6,000
3
a person who is issued a written citation pursuant to NRA 624.341 may contest the citation
within ______ business days after the date on which the citation is served on the person.
A. 30
B. 15
C. 10
D. 45 -
Answer✅
B.15
Quiz_________________?
stop depositing FUTA tax on an employees wages when ______ for the calendar year is
reached
A. no limit
B. $1,000
C. $7,000
D. $1,500 -
Answer✅
C. $7,000
1
, Quiz_________________?
According to the FLSA, a workweek is a period of _____ hours during 7 consecutive 24
hour periods.
A. 40
B. 24
C. 8
D. 168 -
Answer✅
D.168
Quiz_________________?
a quick ration is the process of deducting inventory from current assets then dividing by
current liabilities. EX: you have 73,000 in current assets, 12,000 of that is inventory and
current liabilities are 35,000. Take 73,000 minus 12,000 = 61,000 divided by 35,000 give you
1.74. Any ration compared to 1 is good, the higher the amount over the 1 the better. So the
quick ratio is 1/74 to 1. -
Answer✅
Quiz_________________?
In limited partnership, one or more _____ manage the business.
A. Limited partners
B. General partners
C. all the above
D. none of the above -
Answer✅
B. General partners
Quiz_________________?
2
, Records for Federal employment taxes must be kept for minimum of ____ and be available
for IRS review.
A. 5 years
B. 3 years
C. 4 years
D. 2 years -
Answer✅
C. 4 years
Quiz_________________?
Employers must verify the eligibility of each employ by completing USCIS for 1-9 as well as
examine documents that establish the employees identity and eligibility to work in the
United States. Certain documents are acceptable on their own for establishing both identity
and eligibility. which of the following does not meet these requirements?
A. Permanent resident card
B. United States passport
C. All of the above
D. Votes registration -
Answer✅
D. Voters registration
Quiz_________________?
As a contractor you hold a general liability policy with $1,000 deductible with no riders. An
accident occurs on your job site. A passerby is injured with total injuries amounting to
$1,000. There is $3,000 in equipment damage and $2,000 in injuries to your employee. what
is the financial obligation of the general liability company?
Solution: the contractor would pay the deductible, which is the same amount of the covered
injury. there is no equipment rider on this policy and workers comp would cover the
employee, so the amount the liability insurance company would pay is none.
A. $1,000
B.$6,000
3
