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Exam (elaborations)
VA Contractors Advanced (Class A) Exam Graded A+
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---4November 20242024/2025A+
- VA Contractors Advanced (Class A) Exam Graded A+ 
A lump sum contract on a project has a total contract price of $160,000. Retainage has 
been held back at 10%. The contractor has received progress payments for 75% of the 
project. The contractor submits a request for final payment for the new completed project. 
The final payment amount should be for... - -More than $50,000 
What is the total value of current assets for an accrual basis company that has the 
following? Checking account cash bal...
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$10.69 More Info
learndirect
-
Exam (elaborations)
VA Contractors Advanced (Class A) Exam Graded A+
-
---5November 20242024/2025A+
- VA Contractors Advanced (Class A) Exam Graded A+ 
A lump sum contract on a project has a total contract price of $160,000. Retainage has 
been held back at 10%. The contractor has received progress payments for 75% of the 
project. The contractor submits a request for final payment for the new completed project. 
The final payment amount should be for... - -More than $50,000 
What is the total value of current a
-
$10.49 More Info
learndirect