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NASCLA PSI EXAM PRACTICE questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating
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NASCLA PSI EXAM PRACTICE questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating

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  • August 5, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • Commercial Construction
  • Commercial Construction

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NASCLA PSI EXAM PRACTICE
$5,000 11-12 - ANS-Failing to obtain proper workers compensation coverage is punishable by
law and includes fines up to___for the first 10 days.

1 Exam Prep, Inc. 2-3 - ANS-Which of the following enterprises are double taxed?

10 12-13 - ANS-What percentage of a UST's combined volume must be underground?

1040 & Schedule SE 15-2 - ANS-For federal taxes, hey soul proprietor is to use self
employment tax form____

11 12-3 - ANS-An EAP is required to be in writing for______employees or more.

15%. 7-7 - ANS-The standard make up in the construction industry is?

4/1 14-7 - ANS-What is the quick ratio or or acid test ratio for a company that has current assets
of $28,000, inventory of $4000, and current liabilities of $6000?

6 15-8 - ANS-The state sales tax is___Percent of the gross sales for materials purchased or
leased in New Jersey.

75 2-5 - ANS-The maximum number of shareholders permitted within an S corporation is?

90 16-2 - ANS-You have ___________ days from the completion of a commercial structure or
commercial construction project to file a lien claim form.

A Between $12,000 and $16,000. The only project overhead is going to be the salary of the
superintendent. 40.000/12=3333.33 * 4 months - ANS-What is the total project overhead for a
project that last for months and has the following cost? Labor is $5000 materials or $10,000,
equipment rentals or $2000, superintendent's annual salary is $40,000, office rent is $500 per
month; in office utilities or $400 per month.

Architect. 8-3 - ANS-Who determines progress/final payment?

B. Cash. 14-8 - ANS-The____method recognizes income when the employer has received it.

Business expenses and personal income are not separated. 2-1 - ANS-Which of the following is
not a key characteristic of a sole proprietor ship?

C corporation. 2-5 - ANS-If D & K construction wanted to limit their liabilities, they should
become and _____________

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