Retainage - Study guides, Class notes & Summaries
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NASCLA Business, Law, and Project Management 13th Edition - Test 1 Exam Questions with Correct Answers
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NASCLA Business, Law, and Project 
Management 13th Edition - Test 1 Exam 
Questions with Correct Answers 
FOB freight prepaid requires _____ to pay for shipping charges. 
A. Contractor 
B. Buyer 
C. Seller 
D. Subcontractor - answerC. Seller 
13-11 
_____ is NOT a member of the supervisory team. 
A. A Foreman 
B. A Material expediter 
C. The Owner's representative 
D. A Project manager - answerD. A Project Manager 
8-7 
With _____ scheduling, you can link project tasks to specific dates such as...
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443-health management Questions & answers
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443-health management 
stipulated sum sole prime general contract - correct answer-work is clearly defined in the 
contract documents and is done for a fixed, agreed upon amount of money. 
consequential damages - correct answer-indirect losses that result from wrongdoing by one 
party 
joinder - correct answer-The uniting of parties or claims in a single lawsuit 
binding arbitration - correct answer-process whereby a neutral party hears arguments from 
two opposing sides and makes a decision tha...
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NASCLA Test 1 Exam Questions and Answers, Latest Update 2024/2025 (Graded A+)
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NASCLA Test 1 Exam Questions and Answers, Latest Update 2024/2025 (Graded A+) Benchmarking Tool 
2. Select two standard components of a business plan: answer- 1. Marking 
Strategy 
2. Executive Strategy 
3. is the biggest drawback of a sole proprietorship.: answer- Unlimited 
Personal Liability 
4. If you are a sole proprietor and complete work under a name that is not your NASCLA Test 1 Exam Questions and 
Answers | Latest Update 2024/2025 | 
Graded A+ 
2 / 8 
own, you would be required to file...
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General Contractor Practice Test Practice Questions and Answers (2024/2025 Edition)
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General Contractor Practice Test Practice 
Questions and Answers (2024/2025 Edition) 
1. Which of the following should be on a written quote sheet? 
a. Warranty information 
b. Schedule of the work 
c. Subcontractor identifications 
d. Contractor license number 
It is not only a good business practice to put your license number on all quotes 
and contracts, but many states require it. Many states require the contract license 
number to be stated in all advertisements, offers of services and prop...
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AIC Study Guide Final Exam Questions & Answers 2024/2025
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AIC Study Guide Final Exam Questions & Answers 2024/2025 
 
 
1. A project schedule has been updated. The activity placement of spread footing concrete was originally scheduled to begin as early as day 10. The activity duration is 4 days. The actual start day was day 12. The original schedule had calculated total float of 7 days for this activity. The recalculated total float for the activity, when updated, would be - ANSWERS5 Days 
 
2. The purpose of retainage is to encourage the general contr...
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CNST 302 Test 2 - Questions and Answers
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CNST 302 Test 2 - Questions and Answers Prime contractors can obtain sets of bidding documents from these sources except _____. a)Plan center b)Plan room c)On-line library d)Sweets e)Dodge Reports f)Owner g)A-E The amount of profit a bidder includes is a factor of a)Extent of perceived risk b)Level of expected competition c)Project duration d)The particular client e) All of the above One of the current trends in risk management is towards centralized control of all project insurance. True Why ...
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AIC Exam Questions And Answers (Verified And Updated)
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AIC Exam Questions And Answers (Verified And Updated) 
1. A project schedule has been updated. The activity placement of spread footing concrete was originally scheduled to begin as early as day 10. The activity duration is 4 days. The actual start day was day 12. The original schedule had calculated total float of 7 days for this activity. The recalculated total float for the activity, when updated, would be... 
A. 2 days 
B. 5 days 
C. 6 days 
D. 9 days 
B. 5 Days 
 
 
2. The purpose of retain...
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NASCLA Test 1 Exam Questions and Answers | Latest Update 2024/2025 | Graded A+
- Exam (elaborations) • 17 pages • 2024
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NASCLA Test 1 Exam Questions and Answers | Latest Update 2024/2025 | Graded A+. 1. and are two essential parts to a business plan: answer- 1. 
Planning Tool 
2. Loan Document 
3. Investor Document 
4. Benchmarking Tool 
2. Select two standard components of a business plan: answer- 1. Marking 
Strategy 
2. Executive Strategy 
3. is the biggest drawback of a sole proprietorship.: answer- Unlimited 
Personal Liability 
4. If you are a sole proprietor and complete work under a name that is not your ...
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NASCLA PSI EXAM PRACTICE QUESTIONS WITH VERIFIED ANSWERS. |LATEST 2024/2025
- Exam (elaborations) • 6 pages • 2024
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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. ️ Calendar 9-3 
 
When working in dwelling that was built prior to 1978, the employer is to provide each occupant with a pamphlet title _________? ️ Protect your family from lead in your home 12-14...
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1 Exam Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1st Edition Practice Test 1 Questions and Answers(A+ Solution guide)
- Exam (elaborations) • 25 pages • 2023
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1. FOB freight prepaid requires 
__________ to pay for shipping 
charges. 
A. Contractor 
B. Buyer 
C. Seller 
D. Subcontractor - Answer Seller 
2. Which of the following is not a 
member of the supervisory? 
A. Foreman 
B. materials expediter 
C. Owner's representative 
D. Project manager - Answer Project Manager3. __________ scheduling consists of 
dates, delivery dates, payment 
schedule and vacations. It is a 
simplified method. 
A. Calendar 
B. Bar chart 
C. Gantt - Answer Calendar 
4. Whe...
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