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12 to 1 - ANSWER ✓ What is the maximum slope of a ramp?
A. 4 to 1
B. 8 to 1
C. 10 to 1
D. 12 to 1
1 - ANSWER ✓ A drill hole for piping or conduit shall be a minimum
of___inches from the top and bottom to the floor joist.
A. 1
B. 2
C. 3
D. 4
Bid shopping - ANSWER ✓ What occurs when bids are revealed to
create more competition?
,A. Bid rigging
B. Bid package
C. Bid shopping
D. None of the above
Prevent double taxation - ANSWER ✓ What benefit does an S
Corporation provide?
A. Prevent double taxation
B. Direct control
C. No shareholders
D. Limit liability
6 months - ANSWER ✓ How long do contractors have to file a lien?
A. 30 days
B. 4 months
C. 2 months
D. 6 month
20 weeks - ANSWER ✓ Federal unemployment tax must be paid after
an employee works_____.
,A. 7 weeks
B. 20 weeks
C. 1 week
D. 10 weeks
liabilities/assests - ANSWER ✓ What is the debt ratio?
A. liabilities/assets
B. assets/liabilities
C. income- cost of goods
D. profit- expenses
6.5% - ANSWER ✓ What is the corporate tax rate in Alabama?
A. 2.7%
B. 6.5%
C. 4%
D. 5.8%
When signed - ANSWER ✓ When is a contract considered accepted?
, A. Oral acceptance
B. After negotiations
C. When signed
D. All of the above
Quantity Take-off Method - ANSWER ✓ What is the most accurate
method of estimate?
A. Unit price
B. Bid/Design
C. Selection
D. Quantity Take-off Method
$100,000 - ANSWER ✓ Projects worth how much require bonds under
the Miller Act?
A. $100,000
B. $110,000
C. $25,000
D. $50,000
Liquidity - ANSWER ✓ Assets/Liability is which ratio?