TCM 226 FINAL QUESTIONS AND ANSWERS
Which of the following is a true statement about Davis-bacon act? - Answer -It is a
federal law That determine the minimum wage rates and fringe benefits that must be
paid on al federal and federally assisted projects.
When selecting a sub for the different pieces of work, the contractor must balance
scopes and be able to compare quote to quote. This is known as scope alignment. T/F -
Answer -TRUE
The Age Discrimination in Employment Act (ADEA) applies to individuals under the age
of 30. T/F - Answer -FALSE
Skill enhancement training is part of? - Answer -Employee development
What is the total number of credits of credit possible under LEED v. including all bouns
points? - Answer -110
The pride and impropriety case study covered in class and as homework qwas based
upon a true story. T/F - Answer -TRUE
Which type of business organization has the most government regulation? - Answer -
Corporation
What is the lowest possible certification level for a building under LEED rating system? -
Answer -None of the above (Silver, gold, copper, platinum)
Individuals can be LEED certified. T/F - Answer -FALSE
Which of the following is typically requested by vendors and/or 3rd tier subs ti ensure
they are paid directly by the general contractor? - Answer -Joint Check Agreement
Ethics are a theory or system of vaule that awswers that answers the question, "what
can i can do and still not get caught?" - Answer -FAlSE
Under the LEED rating system, prerequisites within a specific credit category must be
met before ANY credit can be received in that area. T/F - Answer -TRUE
In a limited liability partnership (LLP), the profits of the business are subject to double
taxation. T/F - Answer -FALSE
Productivity is measured in terms of? - Answer -Output/input
In a sole proprietorship, the owner of the business is personally libale for the debts and
actions of the business. T/F - Answer -TRUE
, As discussed in the class, the superintendent is the critical link to the craft workers. He
is responsible for "pushing" the work. T/F - Answer -FALSE
Functional organizational structures are most common for small to mid-sized
construction companies. T/F - Answer -TRUE
Lien releases may be requested from the contractor and all subcontractors. T/F -
Answer -TRUE
Green Building refers to constructing healthy facilities designed and built around all of
the following principles EXCEPT: - Answer -Upfront cost of construction
A pre-final inspection: - Answer -Generates the initial punch list for the project
Procedures for discovering defects and deficiencies or deviations to the contracts
documents before and during the execution of the work is also known as: - Answer -
Quality assurance
In an ________ contract, quanitites are specified and compensations for variance with
the specified quanitites may be available. - Answer -Unit-Price
In a lump sum project, the total of the schedule of values equals the contract amount.
T/F - Answer -TRUE
Which of the following organization is responsible for developing the LEED rating
system? - Answer -U.S. Green Building Counsil
Varying amounts of retainage are held by owners, usually__________ percent? -
Answer -5 or 10
what form of business organization has a single owner? - Answer -None of the above (
partnership ,C-Corparation, General partnership)
Which of the following documents is considered the payment application under the AIA
documents? - Answer -AIA-A702
Most contracts specify that the owner can take a period of _______ to process progress
payment after receipt of the certified application, but this may vary depending on
specific factors relating to the owner and project financing. - Answer -30 days
LEED stands for Leadership in Energy and Efficient Design. - Answer -FALSE
Under the AIA standard contract documents, the owner will pay for materials only when
they are installed in place. - Answer -FALSE
Which of the following is a true statement about Davis-bacon act? - Answer -It is a
federal law That determine the minimum wage rates and fringe benefits that must be
paid on al federal and federally assisted projects.
When selecting a sub for the different pieces of work, the contractor must balance
scopes and be able to compare quote to quote. This is known as scope alignment. T/F -
Answer -TRUE
The Age Discrimination in Employment Act (ADEA) applies to individuals under the age
of 30. T/F - Answer -FALSE
Skill enhancement training is part of? - Answer -Employee development
What is the total number of credits of credit possible under LEED v. including all bouns
points? - Answer -110
The pride and impropriety case study covered in class and as homework qwas based
upon a true story. T/F - Answer -TRUE
Which type of business organization has the most government regulation? - Answer -
Corporation
What is the lowest possible certification level for a building under LEED rating system? -
Answer -None of the above (Silver, gold, copper, platinum)
Individuals can be LEED certified. T/F - Answer -FALSE
Which of the following is typically requested by vendors and/or 3rd tier subs ti ensure
they are paid directly by the general contractor? - Answer -Joint Check Agreement
Ethics are a theory or system of vaule that awswers that answers the question, "what
can i can do and still not get caught?" - Answer -FAlSE
Under the LEED rating system, prerequisites within a specific credit category must be
met before ANY credit can be received in that area. T/F - Answer -TRUE
In a limited liability partnership (LLP), the profits of the business are subject to double
taxation. T/F - Answer -FALSE
Productivity is measured in terms of? - Answer -Output/input
In a sole proprietorship, the owner of the business is personally libale for the debts and
actions of the business. T/F - Answer -TRUE
, As discussed in the class, the superintendent is the critical link to the craft workers. He
is responsible for "pushing" the work. T/F - Answer -FALSE
Functional organizational structures are most common for small to mid-sized
construction companies. T/F - Answer -TRUE
Lien releases may be requested from the contractor and all subcontractors. T/F -
Answer -TRUE
Green Building refers to constructing healthy facilities designed and built around all of
the following principles EXCEPT: - Answer -Upfront cost of construction
A pre-final inspection: - Answer -Generates the initial punch list for the project
Procedures for discovering defects and deficiencies or deviations to the contracts
documents before and during the execution of the work is also known as: - Answer -
Quality assurance
In an ________ contract, quanitites are specified and compensations for variance with
the specified quanitites may be available. - Answer -Unit-Price
In a lump sum project, the total of the schedule of values equals the contract amount.
T/F - Answer -TRUE
Which of the following organization is responsible for developing the LEED rating
system? - Answer -U.S. Green Building Counsil
Varying amounts of retainage are held by owners, usually__________ percent? -
Answer -5 or 10
what form of business organization has a single owner? - Answer -None of the above (
partnership ,C-Corparation, General partnership)
Which of the following documents is considered the payment application under the AIA
documents? - Answer -AIA-A702
Most contracts specify that the owner can take a period of _______ to process progress
payment after receipt of the certified application, but this may vary depending on
specific factors relating to the owner and project financing. - Answer -30 days
LEED stands for Leadership in Energy and Efficient Design. - Answer -FALSE
Under the AIA standard contract documents, the owner will pay for materials only when
they are installed in place. - Answer -FALSE
