Nascla chapter 4 Study guides, Class notes & Summaries

NASCLA Chapter 4Risk management - correct answer Involves assessing all areas of your business from operations to administrative functions. Benefits of good risk management lowers business and liability insurance, reduces risk of being sued, improves chances of prevailing in a lawsuit. Ways to reduce risk - correct answer Provisions added to contracts, safety programs or operating procedures, insurance coverage and bonding. Insurance - correct answer A protective measure in which coverage ...

NASCLA Chapter 4 Exam Questions 2024. Risk management - correct answer Involves assessing all areas of your business from operations to administrative functions. Benefits of good risk management lowers business and liability insurance, reduces risk of being sued, improves chances of prevailing in a lawsuit. Ways to reduce risk - correct answer Provisions added to contracts, safety programs or operating procedures, insurance coverage and bonding. Insurance - correct answer A protective mea...

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) ...

NASCLA Contractors Guide to Business, Law and Project Management Chapter 1 - answerBusiness Plans & Planning Chapter 2 - answerTypes of Business Structures Chapter 3 - answerBecoming a Licensed Contractor -Types of Licenses -Requirements of Licenses -Reciprocity -License Renewal Chapter 4 - answerManaging Risk -Types of Insurances -Types of Bonds Chapter 5 - answerBusiness Tips -Time management -Delegation -Business ethics -Technology -Loans and grants -Certifications Chapter ...

NASCLA Contractors Guide to Business, Law and Project Management Chapter 1 - answerBusiness Plans & Planning Chapter 2 - answerTypes of Business Structures Chapter 3 - answerBecoming a Licensed Contractor -Types of Licenses -Requirements of Licenses -Reciprocity -License Renewal Chapter 4 - answerManaging Risk -Types of Insurances -Types of Bonds Chapter 5 - answerBusiness Tips -Time management -Delegation -Business ethics -Technology -Loans and grants -Certifications Chapter ...

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...

NASCLA Contractors Guide to Business, Law and Project Management Chapter 1 - answerBusiness Plans & Planning Chapter 2 - answerTypes of Business Structures Chapter 3 - answerBecoming a Licensed Contractor -Types of Licenses -Requirements of Licenses -Reciprocity -License Renewal Chapter 4 - answerManaging Risk -Types of Insurances -Types of Bonds Chapter 5 - answerBusiness Tips -Time management -Delegation -Business ethics -Technology -Loans and grants -Certifications Chapter ...

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...

NASCLA Contractors Guide Arkansas 5th edition Exam Questions with Correct Answers 2 - answerHow many members of the board are consumers? right to work - answerwhat laws secure the right of employees to decide if they wish to support or join a union? Consideration - answer__________ is anything of value Social Security Card - answerwhich of the following establishes an employee's eligibility to leagally work in the united states? foul language - answerwhich of the following should not b...

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...