CA Contractors license test
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questions with answers - |\ |\ |\ |\
Business and Law |\ |\ |\
How much time does a contractor have to renew his
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license after the expiration date without retaking the
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exam? - CORRECT ANSWERS ✔✔5 year
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When you collect sales tax from your customer for goods,
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which agency do you report and pay sales tax collected? -
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CORRECT ANSWERS ✔✔State board of equalization
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Sales tax is a state tax. State income taxes are payable to
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the franchise tax board. IRS only collects federal taxes
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How long is the contractor liable for patent or visible
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defects? - CORRECT ANSWERS ✔✔4 years |\ |\ |\ |\ |\
How long is the contractorr liable for latent or structural
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defects - CORRECT ANSWERS ✔✔Latent is an invisible or
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structural defect liable for up to 10 years |\ |\ |\ |\ |\ |\ |\
Accounts receivable contains - CORRECT ANSWERS |\ |\ |\ |\ |\ |\
✔✔Retention
, Retention usually 10%; it is withheld by the owner from
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the contract to ensure that the job is done properly and
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subcontractors are paid. |\ |\
What is considered a fixed cost to a contractor? -
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CORRECT ANSWERS ✔✔Office rent |\ |\ |\
What is considered a variable cost to contractors? -
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CORRECT ANSWERS ✔✔Construction material |\ |\ |\
If a home solicitation presentation is made in spanish, the
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contract language must be - CORRECT ANSWERS
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✔✔spanish
If the employer requires a pre-employement physical
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exam, who must pay for the exam? - CORRECT ANSWERS
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✔✔Employer
How often should a contractor renew his license? -
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CORRECT ANSWERS ✔✔2 years |\ |\ |\
Licenses become void after 5 |\ |\ |\ |\
What is the overtime pay rate after 8hrs of work -
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CORRECT ANSWERS ✔✔1.5. |\ |\ |\
after 12, rate doubles
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questions with answers - |\ |\ |\ |\
Business and Law |\ |\ |\
How much time does a contractor have to renew his
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
license after the expiration date without retaking the
|\ |\ |\ |\ |\ |\ |\ |\
exam? - CORRECT ANSWERS ✔✔5 year
|\ |\ |\ |\ |\
When you collect sales tax from your customer for goods,
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
which agency do you report and pay sales tax collected? -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
CORRECT ANSWERS ✔✔State board of equalization
|\ |\ |\ |\ |\ |\
Sales tax is a state tax. State income taxes are payable to
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
the franchise tax board. IRS only collects federal taxes
|\ |\ |\ |\ |\ |\ |\ |\ |\
How long is the contractor liable for patent or visible
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
defects? - CORRECT ANSWERS ✔✔4 years |\ |\ |\ |\ |\
How long is the contractorr liable for latent or structural
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
defects - CORRECT ANSWERS ✔✔Latent is an invisible or
|\ |\ |\ |\ |\ |\ |\ |\ |\
structural defect liable for up to 10 years |\ |\ |\ |\ |\ |\ |\
Accounts receivable contains - CORRECT ANSWERS |\ |\ |\ |\ |\ |\
✔✔Retention
, Retention usually 10%; it is withheld by the owner from
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
the contract to ensure that the job is done properly and
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
subcontractors are paid. |\ |\
What is considered a fixed cost to a contractor? -
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CORRECT ANSWERS ✔✔Office rent |\ |\ |\
What is considered a variable cost to contractors? -
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CORRECT ANSWERS ✔✔Construction material |\ |\ |\
If a home solicitation presentation is made in spanish, the
|\ |\ |\ |\ |\ |\ |\ |\ |\
contract language must be - CORRECT ANSWERS
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✔✔spanish
If the employer requires a pre-employement physical
|\ |\ |\ |\ |\ |\ |\
exam, who must pay for the exam? - CORRECT ANSWERS
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✔✔Employer
How often should a contractor renew his license? -
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CORRECT ANSWERS ✔✔2 years |\ |\ |\
Licenses become void after 5 |\ |\ |\ |\
What is the overtime pay rate after 8hrs of work -
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CORRECT ANSWERS ✔✔1.5. |\ |\ |\
after 12, rate doubles
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