NASCLA PSI EXAM PRACTICE
FOB freight prepaid requires __________ to pay for shipping charges - answer- Seller
14-12
Which of the following is not a member of the supervisory team? - answer- Project
manager 9-7
__________ scheduling consists of dates, delivery dates, payment schedule and
vacations. It is a simplified method. - answer- Calendar 9-3
When working in dwelling that was built prior to 1978, the employer is to provide each
occupant with a pamphlet title _________? - answer- Protect your family from lead in
your home 12-14
You have ___________ days from the completion of a commercial structure or
commercial construction project to file a lien claim form. - answer- 90 16-2
A lump sum contract on a project has a total contact price of $260,000. Retainage has
been held back at 10%. The contractor has received progress payments for 75% of the
project. The contractor submit a request for final payment should be for? - answer- More
than $80,000 $260,000 * .35= $91,000
The construction industry payment protection act of 1999 states______ - answer-
Payment bond protection are void before work begins. 4-9
What is the total project overhead for a project that last for months and has the following
cost? Labor is $5000 materials or $10,000, equipment rentals or $2000,
superintendent's annual salary is $40,000, office rent is $500 per month; in office utilities
or $400 per month. - answer- A Between $12,000 and $16,000. The only project
overhead is going to be the salary of the superintendent. 40.000/12=3333.33 * 4 months
Exempt Forms W-4 expires on___ - answer- February 15. 15-6
Which of the following enterprises are double taxed? - answer- 1 Exam Prep, Inc. 2-3
Which of the following is not considered as an acceptance to a contract? - answer-
Counter offer. 8-2
A____is a special business arrangement that exist when two or more companies join to
undertake a specific project. - answer- Joint Venture. 2-6
The family and medical leave act does not allow for which of the following? - answer-
Care for first cousin. 11-8
To determine how much to withhold in taxes from employee, the employer is to use the
employees_____ - answer- W-4. 15-4
FOB freight prepaid requires __________ to pay for shipping charges - answer- Seller
14-12
Which of the following is not a member of the supervisory team? - answer- Project
manager 9-7
__________ scheduling consists of dates, delivery dates, payment schedule and
vacations. It is a simplified method. - answer- Calendar 9-3
When working in dwelling that was built prior to 1978, the employer is to provide each
occupant with a pamphlet title _________? - answer- Protect your family from lead in
your home 12-14
You have ___________ days from the completion of a commercial structure or
commercial construction project to file a lien claim form. - answer- 90 16-2
A lump sum contract on a project has a total contact price of $260,000. Retainage has
been held back at 10%. The contractor has received progress payments for 75% of the
project. The contractor submit a request for final payment should be for? - answer- More
than $80,000 $260,000 * .35= $91,000
The construction industry payment protection act of 1999 states______ - answer-
Payment bond protection are void before work begins. 4-9
What is the total project overhead for a project that last for months and has the following
cost? Labor is $5000 materials or $10,000, equipment rentals or $2000,
superintendent's annual salary is $40,000, office rent is $500 per month; in office utilities
or $400 per month. - answer- A Between $12,000 and $16,000. The only project
overhead is going to be the salary of the superintendent. 40.000/12=3333.33 * 4 months
Exempt Forms W-4 expires on___ - answer- February 15. 15-6
Which of the following enterprises are double taxed? - answer- 1 Exam Prep, Inc. 2-3
Which of the following is not considered as an acceptance to a contract? - answer-
Counter offer. 8-2
A____is a special business arrangement that exist when two or more companies join to
undertake a specific project. - answer- Joint Venture. 2-6
The family and medical leave act does not allow for which of the following? - answer-
Care for first cousin. 11-8
To determine how much to withhold in taxes from employee, the employer is to use the
employees_____ - answer- W-4. 15-4
