CONSTRUCTION QUALITY MANAGEMENT FOR
CONTRACTORS EXAM PREP TEST BANK 2026
FULL QUESTIONS WITH VERIFIED ANSWERS
◉ How many days does the employer have to furnish a W-2 if an
employee requests a copy. Answer: 30
◉ Business Owners who fail to comply with Workers compensation
laws may have to pay fines of up to_______ or have their business
closed until the insurance has been obtained. Answer: $15000
◉ Use tax is typically assessed at. Answer: the same rate as sales tax
◉ If the owner does NOT file a notice of completion the contractor has
_____ days after completing the work to file a notice of Lien against the
owner's property and begin the lien process. Answer: 90
◉ What is the maximum administrative fine for abandonment or failure
to complete a construction project?. Answer: $10000
◉ a single Residential Recovery claim cannot exceed. Answer: $35000
◉ A delay in work is not a breach of __________. Answer: contract
, ◉ The clause in the subcontractors agreement reads that " a
subcontractor binds themselves to the contractor for the performance of
the subcontractors work in the same manner as the contractor is bound to
the owner for such performance under contractor's contract with the
owner." is called. Answer: flow down clause
◉ The most accurate method of estimating is.. Answer: detail survey
method or quantity take off method
◉ The most difficult thing to estimate when preparing a bid is.. Answer:
labor
◉ If a contract is ambiguous, it goes against whom?. Answer: the person
who wrote it
◉ Why would the owner withhold 10% from each progress payment?.
Answer: Retainage
◉ Which document is signed by the Owner, Architect/Engineer, and the
Contractor informing the Contractor to modify the agreement terms and
conditions?. Answer: change order
◉ What is 2/10 Net 30. Answer: 2% discount can be deducted if paid
within 10 days of the invoice date. Full payment due in thirty days.
CONTRACTORS EXAM PREP TEST BANK 2026
FULL QUESTIONS WITH VERIFIED ANSWERS
◉ How many days does the employer have to furnish a W-2 if an
employee requests a copy. Answer: 30
◉ Business Owners who fail to comply with Workers compensation
laws may have to pay fines of up to_______ or have their business
closed until the insurance has been obtained. Answer: $15000
◉ Use tax is typically assessed at. Answer: the same rate as sales tax
◉ If the owner does NOT file a notice of completion the contractor has
_____ days after completing the work to file a notice of Lien against the
owner's property and begin the lien process. Answer: 90
◉ What is the maximum administrative fine for abandonment or failure
to complete a construction project?. Answer: $10000
◉ a single Residential Recovery claim cannot exceed. Answer: $35000
◉ A delay in work is not a breach of __________. Answer: contract
, ◉ The clause in the subcontractors agreement reads that " a
subcontractor binds themselves to the contractor for the performance of
the subcontractors work in the same manner as the contractor is bound to
the owner for such performance under contractor's contract with the
owner." is called. Answer: flow down clause
◉ The most accurate method of estimating is.. Answer: detail survey
method or quantity take off method
◉ The most difficult thing to estimate when preparing a bid is.. Answer:
labor
◉ If a contract is ambiguous, it goes against whom?. Answer: the person
who wrote it
◉ Why would the owner withhold 10% from each progress payment?.
Answer: Retainage
◉ Which document is signed by the Owner, Architect/Engineer, and the
Contractor informing the Contractor to modify the agreement terms and
conditions?. Answer: change order
◉ What is 2/10 Net 30. Answer: 2% discount can be deducted if paid
within 10 days of the invoice date. Full payment due in thirty days.
