Davis bacon act - Study guides, Class notes & Summaries

COSC 275 Exam 1 Palmer Questions and Answers fully solved 2023 Estimating: The process of determining the anticipated cost of materials, labor, and equipment of a proposed project. Take-off: The process in which detailed lists are compiled, based on drawings and specifications, of all the material and equipment necessary to construct a project. The cost estimator uses this list to calculate how much it will cost to build the project. Quantities: Measured amounts of construction...

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...

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 - 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 - D. Unit price method 6-7 _____ requires paying prevailing wages in federally-financed projects. A. Service Contract Act B. Walsh-Healey Act C. Wage Garnishment Law D. Davis-Bacon Act ...

NASCLA Business, Law and Project Management (Basic) - Practice Test 2 Already Graded A 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 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 D. Unit price method 6-7 _____ requires paying prevailing wages in federally-financ...

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 Cash 3. A ___________________ bundles all cost factors for entire task. A. Lump sum B. Cost plus C. Percent completion method D. Unit price method Unit Pr...

What is the 1st offense penalty for engaging in the practice of residential building without a license? - Answer Not less than $5K and not more than $25K and/or 1 year What is the penalty for engaging in the practice of residential building, resulting in a death? - Answer Not less than $5K and not more than $50K and/or 4 years On your individual builder's license application, what should you write as your "business address"? - Answer Your personal address What is the cost of the indi...

Payroll Class Ch. 1 Questions and Answers 100% Pass **Question:** What is the role of the Internal Revenue Service (IRS)? **Answer:** The Internal Revenue Service (IRS) is the branch of the U.S. Treasury Department responsible for collecting taxes and enforcing tax laws. **Question:** Define the Equal Pay Act of 1963. **Answer:** The Equal Pay Act of 1963 is federal legislation that mandates equal compensation for males and females performing comparable work. **Question:** ...

Exam Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1st Edition Practice Test 2 Already Passed 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...

NASCLA Business, Law and Project Management (Basic) - Practice Test 2 Exam Questions And Answers 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 - ANS A. Accrual 13-7 A _____ bundles all cost factors for the entire task. A. Lump sum B. Cost plus C. Percent completion method D. Unit price method - ANS D. Unit price method 6-7 _____ requires paying prevailing...

NASCLA Business, Law and Project Management (Basic) - Practice Test 2 | Questions and Correct Answers | Latest Update 2024/2025 | 100% Pass 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 ___...