VA Contractor/Residential Contractor Exam Bundle

HIC Exam Questions And Answers

Va Contractors License Questions And Answers

Contractors who are assessed a fee to support the Transaction Recovery Fund MUST pay this fee within a MINIMUM of how many days from when the assessment fee notice was mailed? - collect answers-45 days An appeal of a final decision of a county on an erosion control plan MUST be filed with a MAXIM...

What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of license? - collect answers-$500 fine per day for each day of violation plus penalties for a misdemeanor. What is the PRIMARY purpose of licensing? - collect answers-Protect the health and welfare of the p...

What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of license? - collect answer-$500 fine per day for each day of violation plus penalties for a misdemeanor. All Class A contractor licensure applications MUST include - collect answer-information on the knowl...

VA Business' Exam Practice with collect answers

What is the major Purpose of Licensing? - collect answer-A major purpose of licensing is to protect the Health, safety, and welfare of the public. -Licensing also defines the scope of occupational practice legally reserved for license holders. What does Licensing establish? - collect answer-Lic...

What are some of the advantages of a sole proprietor? - collect answer-Business can be sold at will Freedom in Decision Making Process Sole Ownership of Profits Low startup cost Simple Ownership Form Minimal Legal Restriction What are some of the disadvantages of a Sole Proprietor? - collect...

NASCLA Contractors Guide: Chapter 3 (Becoming a Licensed Contractor)

The type of project scheduling that shows activity duration and sequence of task to be completed? - collect answer-Bar Chart Scheduling The difference between a bar chart and a critical path method schedule(CPM) is that the CPM includes - collect answer-The relationship of the various activities ...

If an employer's Federal Payroll Tax liability is $1000 how may they pay taxes? - collect answer-quarterly How many employees does it take for the Fair Labor Act to be applied? - collect answer-1 What accounting method records income when the service occurs and expense when they are incurred?...

Effective leaders speak the _______. - collect answer-Truth Why should a brokerage participate in a charitable cause? - collect answer-To show it cares for the community; to give back Leaders tend to be more _______ -focused. - collect answer-People Managers tend to be more ________ -focuse...

Farming - collect answer-Specilizing n one type of property or on one particular neighborhood is a practice referred to as The sale of any improved residential property 4 units or fewer, including condo units, unimproved property intended for 4 units or fewer, agricultural properties 10 acres or ...

Depreciation is taken on which of the company's assets? a. Loans b. Current assets c. Fixed assets d. None of the above - collect answer-C ... Explanation: Depreciation is counted from fixed assets. A private employer who employs __ or more people as of July 1, 2010, may not hire a new emplo...