Cla chapter 1 - Study guides, Class notes & Summaries

MSSC CLA TERMS CHAPTER 1-9 QUESTIONS WITH CORRECT DETAILED ANSWERS.

NASCLA Contractor's Guide Chapter 15 (Tax Basics) Question and answers already passed 2023/2024What is the major Purpose of Licensing? - correct 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? - correct answer Licensing establishes entrance requirements, standards of practice, and disciplinary authority to protect...

NASCLA Contractor's Guide Chapter 15 (Tax Basics)Employer Identification Number (EIN) - correct answer Before you become an employer and hire employees, you need a Federal Employer Identification Number. The only entities that do not need an EIN are: Sole proprietorships that have no employees. LLC's with a single owner. There are several ways to obtain and EIN through the internal revenue systems (IRS) - correct answer Fax the completed SS-4 application to the fax number designated fo...

NASCLA Contractors Guide Chapter 14 (Financial Management) Updated Test 2024. Accounting Cycle - correct answer The series of accounting activities included in recording financial information for a fiscal period Classify and Record Transactions - correct answer Typical Journals that Companies include: Cash Receipts and Sales Journal: This Journal is used when cash comes in or a sale is charged to a customer. Prepare Financial Statements - correct answer Balance Sheet, Income Statement, S...

NASCLA Contractor's Guide Chapter 15 (Tax Basics) Practice Questions 2024. Employer Identification Number (EIN) - correct answer Before you become an employer and hire employees, you need a Federal Employer Identification Number. The only entities that do not need an EIN are: Sole proprietorships that have no employees. LLC's with a single owner. There are several ways to obtain and EIN through the internal revenue systems (IRS) - correct answer Fax the completed SS-4 application to t...

CLA Chapter 1 Test Questions and Answers | 2023 100% Verified

CLA Chapter 1 Test Questions and Answers This involves the efficient, effective forward and reverse flow and storage of goods, services, and related information between the point of origins and the point of consumption in order to meet the customer requirements. - Correct AnswerSupply Chain Logistics Converts raw materials into manufactured products and range small to large. - Correct AnswerProduction facilities Material expediters who deliver materials to manufactures, retailers, and...

This involves the efficient, effective forward and reverse flow and storage of goods, services, and related information between the point of origins and the point of consumption in order to meet the customer requirements. - Correct answer-Supply Chain Logistics Converts raw materials into manufactured products and range small to large. - Correct answer-Production facilities Material expediters who deliver materials to manufactures, retailers, and consumers. - Correct answer-transportation...

CLA Chapter 1 Test Questions and Answers This involves the efficient, effective forward and reverse flow and storage of goods, services, and related information between the point of origins and the point of consumption in order to meet the customer requirements. - Correct AnswerSupply Chain Logistics Converts raw materials into manufactured products and range small to large. - Correct AnswerProduction facilities Material expediters who deliver materials to manufactures, retailers, and...