Nascla business Study guides, Class notes & Summaries
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NASCLA Business, Law and Project Management (Basic) - Practice Test 2 Questions With Complete Solutions
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The _____ method recognizes income when the employer has done the work but has not received the income. 
 
A. Accrual 
B. Appreciation 
C. Depreciation 
D. Cash correct answer: A. Accrual 
 
13-7 
 
A _____ bundles all cost factors for entire task. 
 
A. Lump sum 
B. Cost plus 
C. Percent completion method 
D. Unit price method correct answer: D. Unit price method 
 
6-7 
 
_____ requires paying prevailing wages in federally-financed projects. 
 
A. Service Contract Act 
B. Walsh-Healey Act 
C...
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NASCLA Business, Law, and Project Management 13th Edition - Test 1 Questions With Complete Solutions
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FOB freight prepaid requires _____ to pay for shipping charges. 
 
A. Contractor 
B. Buyer 
C. Seller 
D. Subcontractor correct answer: C. Seller 
 
13-11 
 
_____ is NOT a member of the supervisory team. 
 
A. A Foreman 
B. A Material expediter 
C. The Owner's representative 
D. A Project manager correct answer: D. A Project Manager 
 
8-7 
 
With _____ scheduling, you can link project tasks to specific dates such as delivery dates, payment schedule and employee vacations and holidays. 
 
A. ...
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NASCLA Business Law and Managment EXAM SC questions with correct answers
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Sole Proprietorship CORRECT ANSWER a business owned and managed by a single individual 
Simplest form to set up 
unlimited Liability 
 
Partnerships CORRECT ANSWER Business organizations in which two or more persons share responsibilities, costs, profits, and losses. 
 
C Corporations CORRECT ANSWER Corporations that have no restrictions on who owns their shares or the number of shareholders; they cannot qualify for subchapter S tax treatment and are subject to direct taxation 
 
S corporation C...
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NASCLA Business Law and Management EXAM SC Questions With 100% Correct Answers
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NASCLA Business Law and Management EXAM SC Questions With 100% Correct Answers
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NASCLA Business, Law, and Project Management 13th Edition - Test 1
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NASCLA Business, Law, and Project Management 13th Edition - Test 1 
1.	FOB freight prepaid requires 	to pay for shipping charges. 
 
A.	Contractor 
 
B.	Buyer 
 
C.	Seller 
 
D.	Subcontractor: answer- C. Seller
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NASCLA Business Law and Managment EXAM SC QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)
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NASCLA Business Law and Managment EXAM SC QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)
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NASCLA BUSINESS LAW Questions with Complete Solutions.
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NASCLA BUSINESS LAW Questions with Complete Solutions.
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NASCLA Business, Law and Project Management (Basic) - Practice Test 2 QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)
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NASCLA Business, Law and Project Management (Basic) - Practice Test 2 QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)
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NASCLA Business, Law and Project Management (Basic) - Practice Test 2 QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)
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NASCLA Business, Law and Project Management (Basic) - Practice Test 2 QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)
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NASCLA Business, Law and Project Management (Basic) - Practice Test
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NASCLA Business, Law and Project Management (Basic) - Practice Test 
 
 
 
 
 
 
 
1.	The	method recognizes income when the employer has done the work but has not received the income. 
 
A.	Accrual 
B.	Appreciation 
C.	Depreciation 
D.	Cash: Accrual 
 
13-7 
2.	A	bundles all cost factors for entire task. 
 
A.	Lump sum 
B.	Cost plus 
C.	Percent completion method 
D.	Unit price method: Unit price method 
 
6-7 
3.	 	requires
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