BUNDLED NASCLA and GENERAL CONTRACTOR A EXAM QUESTIONS and ANSWERS TOP GRADED 2024

____ and _____ are two essential parts to a business plan - 1. Planning Tool 2. Loan Document 3. Investor Document 4. Benchmarking Tool Select two standard components of a business plan - 1. Marking Strategy 2. Executive Strategy _____ is the biggest drawback of a sole proprietorsh...

FOB freight prepaid requires __________ to pay for shipping charges - Seller 14-12 Which of the following is not a member of the supervisory team? - Project manager 9-7 __________ scheduling consists of dates, delivery dates, payment schedule and vacations. It is a simplified method. - Calenda...

The standard industry mark-up is? - 15% - Bus Law & Proj Mgmt pg 7-7 Which of the following is important to consider in order to avoid inaccuracies when making an accurate project estimate? A) Units of measure B) Time involved C) Overhead Costs D) Productivity time - A) Units of measure - B...

Sole Proprietorship - -a business owned and managed by a single individual. -business and personal records must be separated. -Taxes: net income from business is reported as ordinary income. A Sole Proprietorship is ____ upon the owners death. - terminated Advantage of a Sole Proprietorship...

Sole Proprietorship - a business owned and managed by a single individual If doing business not under Sole proprietorship you need to file a "doing business as" to? - Alabama Secretary of State what are the 2 types of partnerships - 1.General 2.Limited Each partner is responsible for the...

What are 4 types of Steel Decking? - Composite, Roof, Cellular, and Form What are the lengths of Full sheets of Steel Decking? - 12", 18", 24", 30", or 36". All are usually less than 40" Who has full responsibility for Safety on a construction site? - The prime contractor Who is respo...

Elements of a Business Plan Cover Page, Executive Summary, Company Summary, Products & Services, Market Analysis, Marketing Strategy, and Financial Plan Sole Proprietorships Adv: Min legal restrictions, simple ownership form, low startup costs, sole ownership of profits, freedom in decision makin...

Yes - Does home improvement include work done on an individual condominium unit? Yes - Does home improvement include work done on a swimming pool? Yes - Does a home improvement contract HAVE to be in writing in order to preserve your lien rights? Subcontractors - Contractors who can only co...

2 - How many members of the board are consumers? right to work - what laws secure the right of employees to decide if they wish to support or join a union? Consideration - __________ is anything of value Social Security Card - which of the following establishes an employee's eligibility to...

When a business is purchased by a new owner, what happens in regards to the "EIN"? - A new EIN is required A clause that means that a subcontractor is bound by the same obligations as are required of the general contractor is called: - Flow-down clause What are the three key functions on a b...

In built up roofs, cant strips shall extend how many inches up the vertical surface? - 5" Air entertainment should always be specified for concrete exposed to what? - Freezing and thawing In a post tensioning environment, when a two-stroke pull is required, the final pull should be pre-calcul...