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The costs of running your business, including office expenses, etc., is called: a. Direct Costs b. Overhead c. A liability d. Accrual correct answers b. Overhead Which government agency collects State Unemployment Tax? a. Employment Development Department b. County Unemployment Office c. Franchise Tax Board d. Internal Revenue Service correct answers a. Employment Development Department Who does not need a California Contractor's State License? a. Someone who repairs or...

Who must be licensed as a contractor? correct answers Anyone who offers to or does construct/alter on any job that costs 500 dollars or more. Is anyone exempt from the requirements to have a license? correct answers Yes. - If project is less than $500. - Government or other public personnel on public projects. - Officers of a court within the scope of their office. - Public utilities under specified conditions. - Oil and gas operations done by owner or lessee. - Owner-builders who build or ...

A subcontractor or material supplier has _____ days to file a lien once a notice of completion has been recorded. correct answers 30 How must a client submit a claim for service or repair of a defect on fit and finish items after a remodel? correct answers By certified mail By overnight mail By personal delivery A contractor meets Mr. Jones at his home to discuss remodeling. The contractor and Mr. Jones sign a contract that includes a three-day cancellation form. After the contra...

If unused mortar stiffens due to hydration of cement, what must you do? correct answers Discard the mortar What minimum time must you wait before caulking or grouting new tiles? correct answers 24-48 Hours How long should you wait before installing tile on a shower pan? correct answers 24 Hours Unstable dry rock, angular gravel, sandy loam, and cohesive soils having compressive strengths greater than 0.5 and less than 1.5 tons/sq ft (tsf), are typical examples of: correct answers Ty...

C. Obtain a release or waiver in exchange for repair work correct answers What is a contractor prohibited from doing if there was an issue on the contract? A. Charge the customer a profit in a separate bid B. Give a discount on the repair C. Obtain a release or waiver in exchange for repair work D. Offer to do the repair free of charge C.1,000 correct answers A contractor and owner agree to a price of $20,000 for a home improvement project and sign a contract. What is the maximum d...

Which of the following statements about advertising is correct? A)An unlicensed contractor may advertise for jobs submitting an application for a contractors license B) Unlicensed contractors may advertise for jobs under $500 if the ads state they are unlicensed. C) A licensed general engineering or building may not advertise as a "general contractor." D) All of the above correct answers B) Unlicensed contractors may advertise for jobs under $500 if the ads state they are unlicensed. ...

Which of the following will potentially require a business license? A. The Internal Revenue Service B. The Contractors State License Board C. The Department of Industrial Relations D. Any city or county where the contractor is working correct answers D. Any city or county where the contractor is working Which of the following is not a form of advertising? A. Business cards B. Radio ads C. Lunch meets D. Contract proposal correct answers C. Lunch meets If an employee is injure...

Have a heating starting: correct answers Note About Extra Work and Change Orders From the CSLB "Extra Work and Change Orders become part of the contract once the order is ______ in _____ and signed by ______ prior to the commencement of any work covered by the new change order. correct answers -Prepared in writing -the Parties The order must describe the scope of the extra work or change the cost to be _______ or ______ from the contract, and the effect the order will have on the sch...

You are the qualifier for an active contractor's license. How do you inactivate the license? correct answers Complete app to Inactivate License The federal Employer Identification Number (EIN) is issued by the: correct answers IRS If there is a problem with a code violation after the project is complete, who is responsible? correct answers Architect and Contractor Business records must be kept and made available for inspection by the Registrar of Contractors for a period of _____ ...

Why would there be a difference between the actual inventory and the inventory shown on paper? Click here to select answer A. It is a common occurrence because of factors such as theft, natural loss, and mistakes. Click here to select answer B. You always underestimate what you have in inventory. Click here to select answer C. You calculated what you have in inventory by subtracting only what goes into the finished product. Click here to select answer D. There never...

When are employees allowed to view their own personal files? A. Never B. When they have a court order C. Whenever they request to view them D. Only during employee evaluations correct answers C. Whenever they request to view them As required by the Immigration Reform and Control Act, all employees hired on or after November 6, 1986, must complete form ________ to verify their employment eligibility status. A. I-9 B. W-4 C. US-99 D. N-14 correct answers A. I-9 By law, a "hard l...

How much time does a contractor have to renew his license after the expiration date without retaking the exam? correct answers 5 year When you collect sales tax from your customer for goods, which agency do you report and pay sales tax collected? correct answers State board of equalization Sales tax is a state tax. State income taxes are payable to the franchise tax board. IRS only collects federal taxes How long is the contractor liable for patent or visible defects? correct answers 4...

When is an employee allowed to view their own personnel file? a. never b. when they have a court order c. whenever they wish d. during employee evaluations correct answers c. when ever they wish As required by the immigration reform act, all employees hired on or after November 7, 1986 must complete Form ______ to verify their employment eligibility status. a. I-9 b. W-4 c. US- 99 d.N-14 correct answers a. I-9 By law, a "hard laborer" may not be younger than _____ years old...

The contractor's license number correct answers The most important thing to include when advertising for construction work is Name, business address, and contractor's license number correct answers What must licensed plumbing, electrical sign and well-being contractors have displayed on both sides of their commercial truck? All of the above correct answers If you are advertising, in which of these locations is your license number required? Billboards Bus stop benches Yellow pag...

Question 1: How must a client submit a claim for service or repair of a defect on fit and finish items after a remodel? A.) by certified mail B.) by overnight mail C.) by personal delivery D.) any of the above correct answers D. A client may use the normal customer-service procedures agreed to between the client and the contractor, but the client must notify the contractor of the defect in writing by certified mail, overnight mail, or personal delivery before the client may file ...

How long does a client have to cancel a contract for repairs that are the result of an event for which a State of Emergency was declared? correct answers 5 business days 5 calendar days Correct answer The correct answer is C. 7 business days 7 calendar days 5 business days correct answers correct answers 5 calendar days correct answers correct answers Correct answer correct answers The correct answer is C. correct answers 7 business days correct...

overhead correct answers The costs of running your business, including office expenses, etc. Stop notice correct answers A document given for the purpose of stopping, intercepting, or freezing funds that have not yet been paid on a construction project in an attempt to ensure payment. What is required to for a stop notice to take effect? correct answers 20-day preliminary notice must have been sent in order for a Stop Payment Notice to take effect. What is a Preliminary notice corre...

A ladder should extend a minimum of ___ above the top of a trench or excavation. A. 1 feet B. 2 feet C. 3 feet D. 4 feet correct answers C. 3 feet Accordring to OSHA, shoring lumber shall be ___. A. #1 treated B. #2 treated C. select structural D. #3 common correct answers C. select structural Cal/OSHA inspectors cannot, under most circumstances: A. enter a business outside of normal business hours B. inspect a workplace without prior notice C. obtain an inspection warra...

Who must be licensed as a contractor? correct answers All who construct or alter any residential or commercial work that cost more than $500 (labor+material) How old do you have to be to obtain a contractor license? correct answers 18 years old How many years of experience are required to obtain a contractors license correct answers At least 4 years at a journeyman level. Is anyone exempt from the requirements to be licensed? correct answers Yes. 1)Representatives of Federal, state,...

When should you let your attorney see a construction contract? A. Before you let the client see the contract B. After the contract is prepared but before you sign it C. After the building permit is obtained D. After the contract is signed by you and the client correct answers B. After the contract is prepared but before you sign it Which is the most correct statement as to what must be included in every home improvement contract? A. Notice of right to cancel B. Contractor's li...