Utah Contractor Exam (Real)
Depreciation is taken on which of the company's assets?
a. Loans
b. Current assets
c. Fixed assets
d. None of the above - ✔✔ correct answer C ... Explanation: Depreciation is counted from fixed
assets.
A private employer who employs __ or more people as of July 1, 2010, may not hire a new employee
unless the employer is registered with and uses a status verification system such as E -Verify to verify
the federal legal working status of any new employee.
a. 5
b. 10
c. 15
d. 1 - ✔✔ correct answer C ... Explanation: A private employer who employs 15 or more people as of
July 1, 2010, may not hire a new employee unless the employer is registered with and uses a status
verification system such as E -Verify to verify the federal legal working status of any new employee.
If a contractor decides to increase the contract price, the contractor:
a. Should get a loan from the bank
b. May request assistance from the subcontractor
c. And the owner must agree to a written and signed change order
d. Should request the building inspector to revise the specifications - ✔✔ correct answer C ...
Explanation: A written and signed change order can allow the contractor to change a contract price.
If a subcontractor signs an unconditional waiver and release, this would imply that a:
a. Subcontractor cannot ask anything more of the owner
b. Owner cannot ask anything more of the subcontractor
c. Subcontractor cannot get anything from the prime
d. Subcontractor cannot ask anything more of the prime - ✔✔ correct answer A ... Explanation: Once
the subcontractor signs an unconditional waiver and release, the subcontractor cannot ask anything
more of the owner.
,Utah Contractor Exam (Real)
Any applicant who has been denied a license to practice on the basis of credentials, or failure to pass
a required examination, may submit a request for agency review to the executive director ____
following notification of the denial of a license or refusal to renew or reinstate a license.
a. Within 10 days
b. Within 20 days
c. Within 30 days
d. Within 60 days - ✔✔ correct answer 5. C ... Explanation: Any applicant who has been denied a
license to practice on the basis of credentials, character, or failure to pass a required examination, or
who has been refused renewal or reinstatement of a license to practice on the basis that the
applicant does not meet qualifications for continued licensure in any occupation or profession under
the jurisdiction of the division may submit a request for agency review to the executive director
within 30 days following notification of the denial of a license or refusal to renew or reinstate a
license.
What should a contractor do if after starting a home improvement project the contractor discovers
that the details and specifications do NOT correctly show the existing construction?
a. Stop and work on a correction
b. Stop the job and inform the owner or his agent
c. Continue the work if variations are only minor
d. Stop the job and inform the Building Department - ✔✔ correct answer B ... Explanation: Any
details and specifications are not represented correctly then it is the contractor's duty to inform the
owner or his agent.
Keeping good accounting records is important for:
a. Maintaining financial statements
b. Obtaining financing
c. Effective management
d. All of the above - ✔✔ correct answer D ... Explanation: Effective management, maintaining
financial statements and obtaining proper financing are all the result of keeping good accounting
records.
8. The promise by a party called the guarantor to make good the mistake, debt, or default of another
party found in the construction contract law is called:
a. Surety
b. Guarantee
c. Warrantee
,Utah Contractor Exam (Real)
d. Agreement - ✔✔ correct answer B ... Explanation: Guarantee.
9. The plans and specifications of a home improvement project usually describe:
a. Layout sizes
b. Liquidated damages
c. Consent to arbitrate
d. Neighborhood regulations - ✔✔ correct answer 9. A ... Explanation: Layout sizes are usually
described in plans and specifications of home improvement projects.
The number of years that an employer must keep records of FUTA and other federal taxes is:
a. 2 years
b. 4 years
c. 6 years
d. 10 years - ✔✔ correct answer B ... Explanation: 4 years is the amount of time an employer must
keep records of FUTA and other federal taxes.
Page: 5-2
What is the term for a detailed compilation of the quantity of each elemental work item?
a. Summary sheet
b. Bid invitation
c. Takeoff
d. Specification - ✔✔ correct answer C ... Explanation: Estimators use construction blueprints, either
manually or electronically, and start "taking off" quantities of items they will need from those
blueprints in order to prepare part of the estimate.
Page: 6-3
Before beginning work, an employer or contractor must inquire whether asbestos is present in any
building constructed prior to:
a. 1990
b. 1987
c. 1978
, Utah Contractor Exam (Real)
d. 1979 - ✔✔ correct answer C ... Explanation: Buildings prior to 1978 may contain asbestos.
Page: 4-5
Important thing to include when advertising for construction work is:
a. The company's complete name style
b. A list of all the owners of the company
c. The contractor's license number
d. The company's address - ✔✔ correct answer C ... Explanation: A contractor's license number
should be presented when advertising for legitimacy purposes.
Which type of specification is most commonly used for public work?
a. Bidder's choice
b. Restricted
c. Closed
d. Open - ✔✔ correct answer D ... Explanation: Open.
______ you pass the state required exams, all applicants must complete the required application to
obtain a contractor license. The contractor application consists of numerous pages of information
you must fill out completely and correctly or you will be denied a license.
a. After
b. Before
c. Both A and B
d. None of the above - ✔✔ correct answer A ... Explanation: After you pass the state required exams,
all applicants must complete the required application to obtain a contractor license. The contractor
application consists of numerous pages of information you must fill out completely and correctly or
you will be denied a license.
The best way to determine if a contractor is duly licensed?
a. Ask the contractor if he is licensed
b. Look at the contractor's pocket license
c. Ask to see the contractor's license bond
Depreciation is taken on which of the company's assets?
a. Loans
b. Current assets
c. Fixed assets
d. None of the above - ✔✔ correct answer C ... Explanation: Depreciation is counted from fixed
assets.
A private employer who employs __ or more people as of July 1, 2010, may not hire a new employee
unless the employer is registered with and uses a status verification system such as E -Verify to verify
the federal legal working status of any new employee.
a. 5
b. 10
c. 15
d. 1 - ✔✔ correct answer C ... Explanation: A private employer who employs 15 or more people as of
July 1, 2010, may not hire a new employee unless the employer is registered with and uses a status
verification system such as E -Verify to verify the federal legal working status of any new employee.
If a contractor decides to increase the contract price, the contractor:
a. Should get a loan from the bank
b. May request assistance from the subcontractor
c. And the owner must agree to a written and signed change order
d. Should request the building inspector to revise the specifications - ✔✔ correct answer C ...
Explanation: A written and signed change order can allow the contractor to change a contract price.
If a subcontractor signs an unconditional waiver and release, this would imply that a:
a. Subcontractor cannot ask anything more of the owner
b. Owner cannot ask anything more of the subcontractor
c. Subcontractor cannot get anything from the prime
d. Subcontractor cannot ask anything more of the prime - ✔✔ correct answer A ... Explanation: Once
the subcontractor signs an unconditional waiver and release, the subcontractor cannot ask anything
more of the owner.
,Utah Contractor Exam (Real)
Any applicant who has been denied a license to practice on the basis of credentials, or failure to pass
a required examination, may submit a request for agency review to the executive director ____
following notification of the denial of a license or refusal to renew or reinstate a license.
a. Within 10 days
b. Within 20 days
c. Within 30 days
d. Within 60 days - ✔✔ correct answer 5. C ... Explanation: Any applicant who has been denied a
license to practice on the basis of credentials, character, or failure to pass a required examination, or
who has been refused renewal or reinstatement of a license to practice on the basis that the
applicant does not meet qualifications for continued licensure in any occupation or profession under
the jurisdiction of the division may submit a request for agency review to the executive director
within 30 days following notification of the denial of a license or refusal to renew or reinstate a
license.
What should a contractor do if after starting a home improvement project the contractor discovers
that the details and specifications do NOT correctly show the existing construction?
a. Stop and work on a correction
b. Stop the job and inform the owner or his agent
c. Continue the work if variations are only minor
d. Stop the job and inform the Building Department - ✔✔ correct answer B ... Explanation: Any
details and specifications are not represented correctly then it is the contractor's duty to inform the
owner or his agent.
Keeping good accounting records is important for:
a. Maintaining financial statements
b. Obtaining financing
c. Effective management
d. All of the above - ✔✔ correct answer D ... Explanation: Effective management, maintaining
financial statements and obtaining proper financing are all the result of keeping good accounting
records.
8. The promise by a party called the guarantor to make good the mistake, debt, or default of another
party found in the construction contract law is called:
a. Surety
b. Guarantee
c. Warrantee
,Utah Contractor Exam (Real)
d. Agreement - ✔✔ correct answer B ... Explanation: Guarantee.
9. The plans and specifications of a home improvement project usually describe:
a. Layout sizes
b. Liquidated damages
c. Consent to arbitrate
d. Neighborhood regulations - ✔✔ correct answer 9. A ... Explanation: Layout sizes are usually
described in plans and specifications of home improvement projects.
The number of years that an employer must keep records of FUTA and other federal taxes is:
a. 2 years
b. 4 years
c. 6 years
d. 10 years - ✔✔ correct answer B ... Explanation: 4 years is the amount of time an employer must
keep records of FUTA and other federal taxes.
Page: 5-2
What is the term for a detailed compilation of the quantity of each elemental work item?
a. Summary sheet
b. Bid invitation
c. Takeoff
d. Specification - ✔✔ correct answer C ... Explanation: Estimators use construction blueprints, either
manually or electronically, and start "taking off" quantities of items they will need from those
blueprints in order to prepare part of the estimate.
Page: 6-3
Before beginning work, an employer or contractor must inquire whether asbestos is present in any
building constructed prior to:
a. 1990
b. 1987
c. 1978
, Utah Contractor Exam (Real)
d. 1979 - ✔✔ correct answer C ... Explanation: Buildings prior to 1978 may contain asbestos.
Page: 4-5
Important thing to include when advertising for construction work is:
a. The company's complete name style
b. A list of all the owners of the company
c. The contractor's license number
d. The company's address - ✔✔ correct answer C ... Explanation: A contractor's license number
should be presented when advertising for legitimacy purposes.
Which type of specification is most commonly used for public work?
a. Bidder's choice
b. Restricted
c. Closed
d. Open - ✔✔ correct answer D ... Explanation: Open.
______ you pass the state required exams, all applicants must complete the required application to
obtain a contractor license. The contractor application consists of numerous pages of information
you must fill out completely and correctly or you will be denied a license.
a. After
b. Before
c. Both A and B
d. None of the above - ✔✔ correct answer A ... Explanation: After you pass the state required exams,
all applicants must complete the required application to obtain a contractor license. The contractor
application consists of numerous pages of information you must fill out completely and correctly or
you will be denied a license.
The best way to determine if a contractor is duly licensed?
a. Ask the contractor if he is licensed
b. Look at the contractor's pocket license
c. Ask to see the contractor's license bond
