FLORIDA CONTRACTORS MANUAL EXAM QUESTIONS AND ANSWERS WELL ILLUSTRATED.

FLORIDA CONTRACTORS MANUAL EXAM
QUESTIONS AND ANSWERS WELL
ILLUSTRATED.




1. A properly registered fictitious name is valid for



A. 1 year



B. 2 years

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, C. 3 years



D. 5 years ANS >>> D. 5 years



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2. Which of the following would have jurisdiction over dredging or excavation
of navigable waters and wetlands?



A. U.S. Dept. of the Interior



B. Florida Dept. of State



C. Florida Dept.of Transportation



D. U.S Army Corps of Engineers ANS >>> D. U.S Army Corps of
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3. The name of the form which is used to apply for sales tax is?



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, A. W2



B. DR-1



C. S1



D. W4 ANS >>>
B. DR-1 1-21



4. Which of the following is NOT true about a fictitious name registration?



A. Valid for 5 years.



B. The fictitious name must be advertised at least one time.



C. If a change of ownership occurs, the owner(s) of record must file a cancel-
lation and registration within 45 days of filing,



D. Fictitious name registration must be renewed between July 1 and December
31 in the expiration year. ANS >>> C. If a change of ownership occurs, the
owner(s) of record must file a cancellation and registration within 45 days of filing,
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5. Three partners, Noah, Evan & Steven form a partnership. Noah invests



$30,000; Steven invests $20,000 and Evan invests $15,000. In addition, Noah
performs specific management functions for which he is paid $5,000 from the
partnership proceeds. If the partnership earns $244,000, how much will Noah
receive?



A. Less than $70,000




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