Nevada Contractors License Law Portion
Study online at https://quizlet.com/_f91ru8
1. You have ____ days to replace a qualified employ- 30
ee? (pg.135)
2. Which of the following is included in company Advertising
overhead?
3. A quorum shall consist of ___ members of the 4
Nevada State Contractors Board. (NRS 624-090)
4. A death must be reported to OSHA within____ (pg 8 hours
63)
5. What summarizes profit making activities over a Profit and Loss schedule
specific period of time? (pg 90)
6. What general building contractor does not need Names of individual laborers on
to tell a customer with they have a contractor the project
(NRS 624.600)
7. The disadvantage of cash basis accounting ver- The cash basis will show what had
sus accrual basis accounting is? (pg85) been collected and paid out, but
not what has been earned
8. The term "work week" in the FLSA is defined as? 168 hours
(pg47)
9. Youths age ___ may perform any nonhazardous 16 and 17
job, for limited hours. (pg.47)
10. Violators of child labor law provisions are subject 11,000.00
to civil penalty of up to ___ each employee subject
to violation? (pg. 49)
11. Sole prop.
, Nevada Contractors License Law Portion
Study online at https://quizlet.com/_f91ru8
The simplest form of business organization is (pg
4)
12. Which of the following equations will give you Current assets / current liabilities
your current ratio? (pg 92)
13. After your employee makes ___ in one year, you 7,000.00
stop deducting FUTA. (pg 39)
14. IRS Publication 15 is also known as ____ (pg 38) Circular E
15. Records for federal employment taxed must be 4 years
kept for a minimum of ___ (pg 33)
16. Regardless of the type of organization the Licensee (qualifier)
construction company has established or a li-
censees' role in the ownership of the business,
it is the ___ why is usually held responsible for all
contracting - related duties (pg 11)
17. Contracts need to be kept for a minimum of ___ 3
years. (NRS 624.3013)
18. Does your NSCB license permit you to do work on No. You need a manufactured
the repairing or construction of mobile homes? housing license
(NRS 624.215)
19. The minimum monetary value of work must be $500.00
___ in order to file a Mechanics Lien in Nevada
(NRS 108.2214)
20. Upon the death of the sole qualified partner, the 60 days
license is automatically suspended ___ days after
the death. (NAC 624.660)
Study online at https://quizlet.com/_f91ru8
1. You have ____ days to replace a qualified employ- 30
ee? (pg.135)
2. Which of the following is included in company Advertising
overhead?
3. A quorum shall consist of ___ members of the 4
Nevada State Contractors Board. (NRS 624-090)
4. A death must be reported to OSHA within____ (pg 8 hours
63)
5. What summarizes profit making activities over a Profit and Loss schedule
specific period of time? (pg 90)
6. What general building contractor does not need Names of individual laborers on
to tell a customer with they have a contractor the project
(NRS 624.600)
7. The disadvantage of cash basis accounting ver- The cash basis will show what had
sus accrual basis accounting is? (pg85) been collected and paid out, but
not what has been earned
8. The term "work week" in the FLSA is defined as? 168 hours
(pg47)
9. Youths age ___ may perform any nonhazardous 16 and 17
job, for limited hours. (pg.47)
10. Violators of child labor law provisions are subject 11,000.00
to civil penalty of up to ___ each employee subject
to violation? (pg. 49)
11. Sole prop.
, Nevada Contractors License Law Portion
Study online at https://quizlet.com/_f91ru8
The simplest form of business organization is (pg
4)
12. Which of the following equations will give you Current assets / current liabilities
your current ratio? (pg 92)
13. After your employee makes ___ in one year, you 7,000.00
stop deducting FUTA. (pg 39)
14. IRS Publication 15 is also known as ____ (pg 38) Circular E
15. Records for federal employment taxed must be 4 years
kept for a minimum of ___ (pg 33)
16. Regardless of the type of organization the Licensee (qualifier)
construction company has established or a li-
censees' role in the ownership of the business,
it is the ___ why is usually held responsible for all
contracting - related duties (pg 11)
17. Contracts need to be kept for a minimum of ___ 3
years. (NRS 624.3013)
18. Does your NSCB license permit you to do work on No. You need a manufactured
the repairing or construction of mobile homes? housing license
(NRS 624.215)
19. The minimum monetary value of work must be $500.00
___ in order to file a Mechanics Lien in Nevada
(NRS 108.2214)
20. Upon the death of the sole qualified partner, the 60 days
license is automatically suspended ___ days after
the death. (NAC 624.660)
