Nascla 3 law - Study guides, Class notes & Summaries
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NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Practice Test 2 Questions And Answers 2024
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NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Practice Test 2 Questions And Answers 2024 
 
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 
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 
C...
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NASCLA Business Law and Management Exam Questions With 100% Correct Answers, Latest Update 2024/2025 | Rated A+
- Exam (elaborations) • 23 pages • 2024
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NASCLA Business Law and Management Exam Questions With 100% Correct Answers, Latest Update 2024/2025 | Rated A+. Sole Proprietorship - Correct Answer-a business owned and 
managed by a single individual 
Simplest form to set up 
unlimited Liability 
Partnerships - Correct Answer-Business organizations in which 
two or more persons share responsibilities, costs, profits, and 
losses. 
C Corporations - Correct Answer-Corporations that have no 
restrictions on who owns their shares or the number of...
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NASCLA #3 law questions with answers rated A+ 2023
- Exam (elaborations) • 16 pages • 2023
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NASCLA #3 lawWhat is the first step in the planning and scheduling process? - correct answer Establish the projects objective. Scheduling begins with a plan. The key is that the objective should be attainable and fit within corporate goals. 
- Const Proj Mgmt pg 225 
 
What are the three categories activities can be divided into? - correct answer Production, Procurement, Administration 
- Const Proj Mgmt pg 231 
 
The standard industry mark-up is? - correct answer 15% 
- Bus Law & Proj Mgmt pg 7...
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NASCLA #3 law Exam Questions 2024.
- Exam (elaborations) • 16 pages • 2024
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NASCLA #3 law Exam Questions 2024. 
What is the first step in the planning and scheduling process? - correct answer Establish the projects objective. Scheduling begins with a plan. The key is that the objective should be attainable and fit within corporate goals. 
- Const Proj Mgmt pg 225 
 
What are the three categories activities can be divided into? - correct answer Production, Procurement, Administration 
- Const Proj Mgmt pg 231 
 
The standard industry mark-up is? - correct answer 15% 
- B...
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Book 12 NASCLA Contractors Guide to Business Law & Management 2023 passed
- Exam (elaborations) • 68 pages • 2023
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Book 12 NASCLA Contractors Guide to Business Law & Management 
How is a companys Net Profit calculated? - correct answer Total income - All expenses 
 
Chapter 13: Financial Management 13-5 (NASCLA) 
 
What are three key functions of a business plan? - correct answer Planning Tool, Loan or Investor Document, Benchmarking tool 
 
Chapter 1: The Plan 1-2 (NASCLA) 
 
Which of the following is NOT a component of a bid? - correct answer Change Order 
 
Chapter 6: Bidding and Estimating 6-1 (NASCLA) 
...
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NASCLA #3 law Correctly Answered Test 2024.
- Exam (elaborations) • 16 pages • 2024
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NASCLA #3 law Correctly Answered Test 2024. 
What is the first step in the planning and scheduling process? - correct answer Establish the projects objective. Scheduling begins with a plan. The key is that the objective should be attainable and fit within corporate goals. 
- Const Proj Mgmt pg 225 
 
What are the three categories activities can be divided into? - correct answer Production, Procurement, Administration 
- Const Proj Mgmt pg 231 
 
The standard industry mark-up is? - correct answer...
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NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Test Questions And Answers | Latest Update 2024/2025 (GRADED)
- Exam (elaborations) • 37 pages • 2024
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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...
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NASCLA SC #2 ADVANCED QUESTIONS 2024.
- Exam (elaborations) • 27 pages • 2024
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NASCLA SC #2 ADVANCED QUESTIONS 2024. 
The appropriate way to climb up and down a ladder is - correct answer Facing the ladder 
- OHSA 1926.1053(b)(20) 
 
Sand is indexed as Type _______ soil? - correct answer Type C, Granular soils including gravel, sand, and loamy sand. 
- OHSA 1926.1053(b)(20) 
 
1-1/2 horizontal to 1 vertical is the _______ allowable slope for excavation less than 20 feet deep for Type C soil. - correct answer maximum, see table 
- OHSA 1926. Subpart P Appendix B Figure B-1...
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NASCLA Business Law and Management Exam Questions With 100% Correct Answers | Latest Update 2024/2025 | Rated A+
- Exam (elaborations) • 23 pages • 2024
- Available in package deal
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- $14.49
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NASCLA Business Law and Management Exam Questions With 100% Correct Answers | Latest Update 2024/2025 | Rated A+. Sole Proprietorship - Correct Answer-a business owned and 
managed by a single individual 
Simplest form to set up 
unlimited Liability 
Partnerships - Correct Answer-Business organizations in which 
two or more persons share responsibilities, costs, profits, and 
losses. 
C Corporations - Correct Answer-Corporations that have no 
restrictions on who owns their shares or the number o...
-
1 Exam Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1st Edition Practice Test 2
- Exam (elaborations) • 23 pages • 2024
- Available in package deal
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- $13.49
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1 Exam Prep NASCLA Contractor's Guide 
to Business, Law, and Project Management, 
Florida 1st Edition Practice Test 2 
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 - answerPayment 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 - answerCash 
3. A __________...
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