AZ Contractor's BME (Business
Management Exam) Prep
Return on Assets = Net Profit/Total Assets - ANS-What is the equation to find the 'Return on
Assets'?
$25,000 - ANS-What is the daily penalty high-quality for non-compliance with lead abatement
rules?
$5,000 - ANS-Willful OSHA violations bring about a no less than how a good deal money in
step with nice?
$70,000 - ANS-A repeated OSHA violation may also result in a high-quality up to how a good
deal money, in keeping with violation?
1 ANS: To be required to pay FUTA taxes, an company need to have at the least one
employee. 120 days - ANS-When booking a exchange call (also referred to as a DBA), a
corporate (prison commercial enterprise name of a organization) call may additionally reserved
previous to incorporation for how many days?
20 - ANS: A lien-holder have to remove a recently paid lien within what number of days. Three -
ANS-An company need to show an Annual Summary of work-associated accidents for at the
least what number of months yearly?
30 - ANS-An Arizona contractor must document change of business address to the Registrar of
Contractors within how many days?
30 days have handed because the project's very last inspection and written reputation. ANS:
What is one sign that a venture is completed? (multiple indication questions). I'm going to mark
this as a demonstration: 1) 40 - ANS: According to the FLSA, after a sure quantity of weekly
hours, U.S. Employees are eligible for time beyond regulation pay. Five years - ANS-What is the
maximum amount of time a contractor can ask the Registrar of Contractor's to inactivate a
license?
60 consecutive days have passed because the last work was accomplished - ANS-What is one
component that suggests crowning glory of a assignment? (more than 1 indication question.
Will label this as indication: 2)
60 Days - ANS-How many days do you need to put up the 'Articles of Incorporation' after
having filed the 'Articles of Incorporation' with the Arizona Corporate Commission?
60 days (after final touch) - ANS-If an M-9 completion shape is filed with the county recorder,
what's the minimal time to file a lean after assignment finishing touch shortened to?
7,000 - ANS-A constant percentage of FUTA taxes should be paid by way of the business
enterprise on the first $_ (fill within the clean dollar amount) earned by an worker?
940 - ANS-What federal tax form is used for FUTA tax returns?
A1-R - ANS-What shape is used to reviews & pay quarterly unemployment taxes to the Arizona
Department of Economic Security?
Cash & salaries - ANS-Which of the following is included in the earnings declaration?
Management Exam) Prep
Return on Assets = Net Profit/Total Assets - ANS-What is the equation to find the 'Return on
Assets'?
$25,000 - ANS-What is the daily penalty high-quality for non-compliance with lead abatement
rules?
$5,000 - ANS-Willful OSHA violations bring about a no less than how a good deal money in
step with nice?
$70,000 - ANS-A repeated OSHA violation may also result in a high-quality up to how a good
deal money, in keeping with violation?
1 ANS: To be required to pay FUTA taxes, an company need to have at the least one
employee. 120 days - ANS-When booking a exchange call (also referred to as a DBA), a
corporate (prison commercial enterprise name of a organization) call may additionally reserved
previous to incorporation for how many days?
20 - ANS: A lien-holder have to remove a recently paid lien within what number of days. Three -
ANS-An company need to show an Annual Summary of work-associated accidents for at the
least what number of months yearly?
30 - ANS-An Arizona contractor must document change of business address to the Registrar of
Contractors within how many days?
30 days have handed because the project's very last inspection and written reputation. ANS:
What is one sign that a venture is completed? (multiple indication questions). I'm going to mark
this as a demonstration: 1) 40 - ANS: According to the FLSA, after a sure quantity of weekly
hours, U.S. Employees are eligible for time beyond regulation pay. Five years - ANS-What is the
maximum amount of time a contractor can ask the Registrar of Contractor's to inactivate a
license?
60 consecutive days have passed because the last work was accomplished - ANS-What is one
component that suggests crowning glory of a assignment? (more than 1 indication question.
Will label this as indication: 2)
60 Days - ANS-How many days do you need to put up the 'Articles of Incorporation' after
having filed the 'Articles of Incorporation' with the Arizona Corporate Commission?
60 days (after final touch) - ANS-If an M-9 completion shape is filed with the county recorder,
what's the minimal time to file a lean after assignment finishing touch shortened to?
7,000 - ANS-A constant percentage of FUTA taxes should be paid by way of the business
enterprise on the first $_ (fill within the clean dollar amount) earned by an worker?
940 - ANS-What federal tax form is used for FUTA tax returns?
A1-R - ANS-What shape is used to reviews & pay quarterly unemployment taxes to the Arizona
Department of Economic Security?
Cash & salaries - ANS-Which of the following is included in the earnings declaration?
