1|Page
NEVADA CMS (LAW) EXAM 2026 ALL
QUESTIONS AND VERIFIED ANSWERS TOP
RATED VERSION FOR 2026 BY EXPERTS |RATED
A+ |BRAND NEW AND REVISED
According to the FLSA, a workweek is a period of ____ hours.
a. 40
b. 24
c. 8
d. 168 - ANSWER- 168
After your employee makes _____ in one year, you stop deducting
FUTA.
a. no limit
b. $1,000
c. $7,000
d. $87,900 - ANSWER- $7,000
IRS Publication 15 is also known as ______.
a. Circular E
b. 1-9
c. W-4
d. W-2 - ANSWER- Circular E
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Records for Federal unemployment taxed must be kept for a minimum
of _____ years.
a. 3
b. 4
c. 5
d. 2 - ANSWER- 4
Regardless of the type f organization the construction company has
established or a licensees' role in the ownership of the business, it is the
_______ who is usually held responsible for all contracting--related
duties.
a. President
b. License Holder (Qualified Employee)
c. General partners
d. Manager - ANSWER- License Holder (Qualified Employee)
Contracts need to be kept for a minimum of _____ years.
a. 3
b. 4
c. 5
d. 10 - ANSWER- 3
Does your NSCB license permit you to do work on the repairing or
constructing of mobile homes?
a. Yes, if work is under $1,000
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b. No. You need a Manufactured Housing license
c. Yes, if you are a NV General
d. Yes, if work is under $500 - ANSWER- No. You need a
Manufactured Housing license
The minimum monetary value of work must be ______ in order to file a
Mechanics Lien in Nevada
a. $100
b. $500
c. $1,000
d. $5,000 - ANSWER- $500
Upon the death of the sole qualified partner, the license is automatically
suspended _____ days after the death.
a. immediately
b. 30 days
c. 60 days
d. 90 days - ANSWER- 60 days
Current assets can be converted into cash within one operating cycle or
____
a. 7 days
b. 30 days
c. 6 months
NEVADA CMS (LAW) EXAM 2026 ALL
QUESTIONS AND VERIFIED ANSWERS TOP
RATED VERSION FOR 2026 BY EXPERTS |RATED
A+ |BRAND NEW AND REVISED
According to the FLSA, a workweek is a period of ____ hours.
a. 40
b. 24
c. 8
d. 168 - ANSWER- 168
After your employee makes _____ in one year, you stop deducting
FUTA.
a. no limit
b. $1,000
c. $7,000
d. $87,900 - ANSWER- $7,000
IRS Publication 15 is also known as ______.
a. Circular E
b. 1-9
c. W-4
d. W-2 - ANSWER- Circular E
,2|Page
Records for Federal unemployment taxed must be kept for a minimum
of _____ years.
a. 3
b. 4
c. 5
d. 2 - ANSWER- 4
Regardless of the type f organization the construction company has
established or a licensees' role in the ownership of the business, it is the
_______ who is usually held responsible for all contracting--related
duties.
a. President
b. License Holder (Qualified Employee)
c. General partners
d. Manager - ANSWER- License Holder (Qualified Employee)
Contracts need to be kept for a minimum of _____ years.
a. 3
b. 4
c. 5
d. 10 - ANSWER- 3
Does your NSCB license permit you to do work on the repairing or
constructing of mobile homes?
a. Yes, if work is under $1,000
, 3|Page
b. No. You need a Manufactured Housing license
c. Yes, if you are a NV General
d. Yes, if work is under $500 - ANSWER- No. You need a
Manufactured Housing license
The minimum monetary value of work must be ______ in order to file a
Mechanics Lien in Nevada
a. $100
b. $500
c. $1,000
d. $5,000 - ANSWER- $500
Upon the death of the sole qualified partner, the license is automatically
suspended _____ days after the death.
a. immediately
b. 30 days
c. 60 days
d. 90 days - ANSWER- 60 days
Current assets can be converted into cash within one operating cycle or
____
a. 7 days
b. 30 days
c. 6 months
