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 paying prevailing wages in federally-financed projects.



A.	Service Co...
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