Davis bacon act - Study guides, Class notes & Summaries

NASCLA Business, Law and Project Management (Basic) - Practice Test 2 100% Solved 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 - Answer- A. Accrual 13-7 A _____ bundles all cost factors for entire task. A. Lump sum B. Cost plus C. Percent completion method D. Unit price method - Answer- D. Unit price method 6-7 _____ requires paying prevailing wages in federally-financed p...

NASCLA Business, Law and Project Management (Basic) - Practice Test 2 100% Solved 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 - Answer- A. Accrual 13-7 A _____ bundles all cost factors for entire task. A. Lump sum B. Cost plus C. Percent completion method D. Unit price method - Answer- D. Unit price method 6-7 _____ requires paying prevailing wages in federally-financed p...

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 - correct answer A. Accrual 13-7 A _____ bundles all cost factors for entire task. A. Lump sum B. Cost plus C. Percent completion method D. Unit price method - correct answer D. Unit price method 6-7 _____ requires paying prevailing wages in federally-financed projects. A. Service Contract Act B. Walsh-Healey Act C...

Verification Form I-9 must be completed by applicants providing proof of identity and employment eligibility within ______ of employment. 3 days What type of business is the easiest to establish and allows the owner to determine how profits are used although they are personally liable for all debt and assets? Sole Proprietorship A ______is a joint co-owner partnership established to specifically increase bonding and bidding capacities and profits. General Proprietorship Provisions of the A...

1. Which of the following bonds guarantees that the contractor has paid the subcontractor? A. Bid bond B. Performance bond C. Payment bond D. James bond - Answer Payment Bond 2. The _____________ method recognizes income when the employer has done the work, yet has not received the income. A. Accrual B. Appreciation C. Deprecation D. Cash - Answer Cash 3. A ___________________ bundles all cost factors for entire task.A. Lump sum B. Cost plus C. Percent completion method D. Unit pri...

Davis-Bacon Act - correct answer -Requires contractors using federal funds to pay wages and fringe equal to or greater than the local market wage What is the HR Significance of the Davis-Bacon Act? - correct answer -Applies if receiving federal funds for work or projects Walsh-Healey Act - correct answer -Establishes the time-and-a-half overtime rule for hours in excess of 40 in a week for nonexempt employees What is the HR Significance of the Walsh-Healey Act? - correct answer -Must pr...

aPHR Study Kit Questions and Answers Sherman Anti-trust Act (1890) - Answer ️️ ---curbed concentrations of power that interfere with trade and reduce economic competition by regulating monopolies and trade; protects free trade --applied to unions in early days because they were seen as a monopolizing power --forbade any "restraint of commerce" across state lines, and courts ruled that union strikes and boycotts were included Clayton Act (1914) - Answer ️️ ---modified the Sherman...

Direct Equipment Cost correct answersEquipment used for a specific item. Ex: Pump truck and rough terrain forklift Indirect Equipment Cost correct answersEquipment used throughout a project. Ex: Bobcat and tower Crain Direct Labor correct answersWork performed by GC's own crews. Labor cost include... correct answersBase rate, worker compensation insurance, social security, unemployment tax, public liability and property damage, fringe benefits (paid vacation, 401k, medical insurance,...

CH1 ASSIGNMENT Lupore Fabrics obtained a contract in Watts Mills, South Carolina, that involves the production of materials for military uniforms, a project contracted with the federal government for $2,800,000. What laws govern the wages Lupore Fabrics pays to its workers for this project? ( correct answersDavis-Bacon ActCorrect Walsh-Healey ActCorrect FLSA-Fair Labor Standards Act Martine Piccirillo works as the payroll clerk for Centinix, a security company that hires many part-time ...

Which of the following bonds guarantees that the contractor has paid the subcontractor? A. Bid bond B. Performance bond C. Payment bond D. James bond - Correct Answer-Payment Bond 2. The _____________ method recognizes income when the employer has done the work, yet has not received the income. NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Test Questions And Answers | Latest Update 2024/2025 (GRADED) pg. 2 professoraxe l A. Accrual B. Ap...