Nascla practice exam 5 - Study guides, Class notes & Summaries
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NASCLA PSI Exam Practice Questions And Answers 100% Scores
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NASCLA PSI Exam Practice Questions 
And Answers 100% Scores 
FOB freight prepaid requires __________ to pay for shipping charges - CORRECT 
ANSWER-Seller 14-12 
Which of the following is not a member of the supervisory team? - CORRECT 
ANSWER-Project manager 9-7 
__________ scheduling consists of dates, delivery dates, payment schedule and 
vacations. It is a simplified method. - CORRECT ANSWER-Calendar 9-3 
When working in dwelling that was built prior to 1978, the employer is to provide ea...
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Exam Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1st Edition Practice Test 1 100% Solved
- Exam (elaborations) • 32 pages • 2024
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Exam Prep NASCLA Contractor's 
Guide to Business, Law, and Project 
Management, Florida 1st Edition 
Practice Test 1 100% Solved 
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 Manager 
3. __________ scheduling consists of 
dates, deli...
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Exam Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1st Edition Practice Test 1 100% Solved
- Exam (elaborations) • 32 pages • 2024
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Exam Prep NASCLA Contractor's 
Guide to Business, Law, and Project 
Management, Florida 1st Edition 
Practice Test 1 100% Solved 
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 Manager 
3. __________ scheduling consists of 
dates, deli...
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1 Exam Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1st Edition Practice Test 2
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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 ___________________ bundl...
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NASCLA Business Law and Management Exam Questions With 100% Correct Answers | Latest Update 2024/2025 | Rated A+
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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 
shareholders; they cannot qualify for subchapter S tax 
treatment and are subject to direct taxation 
S corpora...
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1 Exam Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1st Edition Practice Test 2 Questions And Answers
- Exam (elaborations) • 16 pages • 2023
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1 Exam Prep NASCLA 
Contractor's Guide to Business, 
Law, and Project Management, 
Florida 1st Edition Practice 
Test 2 Questions And Answers 
. 
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...
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NASCLA PSI EXAM PRACTICE QUESTIONS WITH 100% CORRECT ANSWERS
- Exam (elaborations) • 4 pages • 2024
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NASCLA PSI EXAM PRACTICE 
QUESTIONS WITH 100% CORRECT 
ANSWERS 
__________ scheduling consists of dates, delivery dates, payment schedule and 
vacations. It is a simplified method. - Calendar 9-3 
___Prohibits firing due to taking of property. - Wage Garnishment law 11-8 
A contractor pays a workers comp a Seshan rate of $.10 per $100 of office employees 
payroll, $2.00 per $100 of field supervisors payroll, and $.36 per $100 of field 
employees payroll. Total office employee payroll for...
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Nascla Practice Test 1 Exam With 100% Correct Answers 2024.
- Exam (elaborations) • 4 pages • 2024
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Nascla Practice Test 1 Exam With 100% Correct Answers 2024. 
 
FOB freight prepaid requires _________ to pay for shipping charges. 
Seller (Chapter 14, page 11) 
Which of the following is not a member of the supervisory team? Foreman, Materials expediter, Owner's representative, Project manager 
Project Manager (Chapter 9, page 7) 
________ scheduling consists of dates, delivery dates, payment schedule and vacations. It is a simplified method. 
Calendar (Chapter 9, page 2) 
When working in dwel...
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NASCLA PSI EXAM PRACTICE Questions With Verified Answers 2024
- Exam (elaborations) • 4 pages • 2024
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NASCLA PSI EXAM PRACTICE Questions 
With Verified Answers 2024 
FOB freight prepaid requires __________ to pay for shipping charges - answerSeller 14-12 
Which of the following is not a member of the supervisory team? - answerProject manager 
9-7 
__________ scheduling consists of dates, delivery dates, payment schedule and vacations. It is 
a simplified method. - answerCalendar 9-3 
When working in dwelling that was built prior to 1978, the employer is to provide each 
occupant with a pamphlet ...
-
NASCLA PSI EXAM PRACTICE Questions With Verified Answers 2024
- Exam (elaborations) • 4 pages • 2024
- Available in package deal
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- $10.49
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NASCLA PSI EXAM PRACTICE Questions 
With Verified Answers 2024 
FOB freight prepaid requires __________ to pay for shipping charges - answerSeller 14-12 
Which of the following is not a member of the supervisory team? - answerProject manager 
9-7 
__________ scheduling consists of dates, delivery dates, payment schedule and vacations. It is 
a simplified method. - answerCalendar 9-3 
When working in dwelling that was built prior to 1978, the employer is to provide each 
occupant with a pamphlet ...
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