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AZ statutes and rules pt 2 Exam with verified detailed answers

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AZ statutes and rules pt 2 Exam with ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




verified detailed answers ||\\//|| ||\\//||




1. Which of the following conditions indicates the completion of a permitted structure? -
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correct answer✔✔30 days have passed since the final inspection and written acceptance of
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the project. ||\\//||




2. Who is responsible for the overall construction of a project? - correct answer✔✔General
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contractor



3. A formal complaint which has been confirmed by an agency inspector will remain on the
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contractor's public record for how many years? - correct answer✔✔2
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4. A project owner, in order to ensure that a contractor will build a project according to the
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specifications, will require a contractor to furnish: - correct answer✔✔A performance bond ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




5. How are workers compensation premiums paid? - correct answer✔✔100% by the
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employer



6. Contractors pay Arizona state sales tax to the: - correct answer✔✔Arizona department of
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revenue



7. When a big bond is required with a contractor is bid, it is intended to guarantee that: -
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correct answer✔✔The successful bidder will enter into a contract with the owner for the
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




amount of the bid. ||\\//|| ||\\//|| ||\\//||




8. A complaint has been filed against an Arizona contractor. After investigation, the
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registrar issues a citation and this is served on the contractor. How long does the contractor
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,have to file a written answer to the complaint with the registrar? - correct answer✔✔10
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days



9. The maximum amount that can be assessed biennially against the contractor for the
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required contribution to the residential contractors recovery fund is: - correct ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




answer✔✔600 dollars ||\\//||




10. Given: when the registrar of contractors issues a citation to a licensee, the citation is
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sent by certified mail to the licensee at the latest address of record. When is the service of
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the citation complete? - correct answer✔✔At the time of personal service or five days after
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deposited in the mail ||\\//|| ||\\//|| ||\\//||




11. Which type of construction contract binds the contractor to do a stipulated job in return
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for a fixed sum of money? - correct answer✔✔Lump sum contract
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12. What is the MAXIMUM amount which may be recovered from the contractors recovery
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fund for any one residential contractors license? - correct answer✔✔$200,000.00
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13. What form must an employer have new employees complete in order to verify
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employment eligibility under the immigration Reform and control act? - correct ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




answer✔✔I-9



14. Contractors may request the registrar to inactivate their current license for a period not
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to exceed : - correct answer✔✔5 years
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15. You are a contractor beginning a project on May 1, a pre-lien should be sent before? -
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correct answer✔✔May 21st ||\\//|| ||\\//||




16. When clearing a 1 acre site for building a home, what agency do you deal with? - correct
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answer✔✔Environmental protection agency
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,17. What form is used to report and pay quarterly unemployment tax to the Arizona
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Department of economic security? - correct answer✔✔Unemployment tax and wage report ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




(UC-018)



18. A person may act as a qualifying party for two companies at the same time if one of the
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




companies is a subsidiary of the other company, if there is a minimum common ownership ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




of: - correct answer✔✔25 percent
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19. Which of the following is considered a form of business organization? - correct
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answer✔✔Sole proprietorship ||\\//||




20. Each year the employer must file the annual report from A1-R and include all wage and
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




withholding statements with the State of Arizona the due date of: - correct ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




answer✔✔February 28th ||\\//||




21. The air quality division that administers the air quality permits program is? - correct
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




answer✔✔ADEQ



22. If new information becomes available about the hazardous chemical, within what time
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




period must labels be revised? - correct answer✔✔6 months
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23. Which of the following conditions indicates the completion of a permitted structure? -
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correct answer✔✔60 consecutive days have passed since the last work was performed
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24. When is the due date of an Arizona sales tax return? - correct answer✔✔20th day of the
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following month ||\\//||

, 25. Transactions recorded in the cash receipts journal's are summarized and posted to the: -
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correct answer✔✔General ledger ||\\//|| ||\\//||




26. Which of the following is an advantage of the sole ownership form of business? - correct
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




answer✔✔Can be sold or altered at will
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27. Giving: A contractor has obtain a contractors license in the name of Pat Brown. Under
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what name can his contracting business be conducted? - correct answer✔✔Pat Brown
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28. Who is responsible for certifying the amount of work completed on a project to the
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owner? - correct answer✔✔Architect/engineer ||\\//|| ||\\//|| ||\\//||




29. A company's balance sheet shows assets of $20,000 and owners equity of $12,000, the
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company's liabilities are: - correct answer✔✔$8,000 ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




30. Which one of the following types of financial statements examines the cash generating
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




and distribution activities of a construction company? - correct answer✔✔Statement of cash
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flow
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31. In Arizona a contractor must report a change of business address to the registrar of
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contractors within how many days? - correct answer✔✔30 ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




32. A person wants to file a notice and claim of Mechanic's, Materialman's or Professional
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Services Lien, form ML-10. Where would this person find the information needed to
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




complete the legal description section? - correct answer✔✔the title company ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




33. What document contains the actual physical descriptions of the project to be
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




constructed? - correct answer✔✔Drawings ||\\//|| ||\\//|| ||\\//||

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