NASCLA PSI EXAM PRACTICE QUESTIONS AND
ANSWERS GRADED A+ 100% VERIFIED.
FOB freight prepaid requires __________ to pay for shipping charges ANS >>>
Seller 14-12
Which of the following is not a member of the supervisory team? ANS >>> Project
manager 9-7
__________ scheduling consists of dates, delivery dates, payment schedule and
vacations. It is a simplified method. ANS >>> Calendar 9-3
When working in dwelling that was built prior to 1978, the employer is to provide
each occupant with a pamphlet title _________? ANS >>> 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. ANS >>> 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? ANS >>> More than $80,000 $260,000 * .35= $91,000
Which of the following is not a key characteristic of a sole proprietor ship? ANS >>>
Business expenses and personal income are not separated. 2-1
What is the quick ratio or or acid test ratio for a company that has current assets
of $28,000, inventory of $4000, and current liabilities of $6000? ANS >>> 4/1 14-7
An EAP is required to be in writing > 4 or more. ANS >>> 11 12-3
Who pays into FUTA? ANS >>> Employer 15-5
What is the purpose of just in time deliveries? ANS >>> Profit high and vandalism
low. 9-9
Ethics has to do with all but which of the following? ANS >>> Lying to the customer.
5-2
Which of the following is not a reward for owning an enterprise? ANS >>>
Managing cash flow 1-1
Which of the following is not covered under the ADA? ANS >>> Paper cut. 11-7
A job estimated to cost $1 million. However, two companies have a of $500,000.
They can legally do this job if they___? ANS >>> Joint venture. 2-6
ANSWERS GRADED A+ 100% VERIFIED.
FOB freight prepaid requires __________ to pay for shipping charges ANS >>>
Seller 14-12
Which of the following is not a member of the supervisory team? ANS >>> Project
manager 9-7
__________ scheduling consists of dates, delivery dates, payment schedule and
vacations. It is a simplified method. ANS >>> Calendar 9-3
When working in dwelling that was built prior to 1978, the employer is to provide
each occupant with a pamphlet title _________? ANS >>> 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. ANS >>> 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? ANS >>> More than $80,000 $260,000 * .35= $91,000
Which of the following is not a key characteristic of a sole proprietor ship? ANS >>>
Business expenses and personal income are not separated. 2-1
What is the quick ratio or or acid test ratio for a company that has current assets
of $28,000, inventory of $4000, and current liabilities of $6000? ANS >>> 4/1 14-7
An EAP is required to be in writing > 4 or more. ANS >>> 11 12-3
Who pays into FUTA? ANS >>> Employer 15-5
What is the purpose of just in time deliveries? ANS >>> Profit high and vandalism
low. 9-9
Ethics has to do with all but which of the following? ANS >>> Lying to the customer.
5-2
Which of the following is not a reward for owning an enterprise? ANS >>>
Managing cash flow 1-1
Which of the following is not covered under the ADA? ANS >>> Paper cut. 11-7
A job estimated to cost $1 million. However, two companies have a of $500,000.
They can legally do this job if they___? ANS >>> Joint venture. 2-6
