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1 Exam Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1st Edition Practice Test 1 Questions & Answers.$7.99
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Term 1 of 50
Given: An employee's gross weekly payroll for a certain week is shown below. Use the Wage
Bracket Method to determine the withholding.
Martial Status: Married
Total # Exemptions: 3
Hourly Wage: $21
Regular Hours: 35
Overtime Hours: 0
The total amount of Federal Income Tax (only), to be deducted from the gross wages is _____.
$24
$32
$41
$51
Term 2 of 50
An Emergency Action plan should include _____.
Student's name
Employer's name
Administrator's name
Next of kin
,Term 3 of 50
A contractor puts in a claim under a comprehensive standard general liability policy. The policy
has no additional coverage, riders, or floaters, and has a $600 deductible per occurrence. The
claim is for a job-site accident that caused $3,000 of injuries to employees, $2,800 of injuries to a
pedestrian, $3,300 damage to the contractor's equipment, and $2,750 loss of project materials
purchased by the contractor. The insurance company is liable for _____.
$2,200
$0
$1,000
$3,200
Term 4 of 50
A (An) _____ purchases workers' compensation insurance.
Property owner
Building contractor
Employer
Employee
Term 5 of 50
The _____ monitors the compliance with building and safety codes.
Superintendent
Project Manager
Owners Representative
Safety Manager
, Term 6 of 50
To help with cash flow, one should use _____.
A contract
Progress payments
A lawyer
An accountant
Term 7 of 50
A partnership _____.
Is a relationship between two or more people.
Has unlimited business life
Does not dissolve in the event of a general partner
Limits the liability of the general partners
Term 8 of 50
_____ is relatively unimportant when naming a business.
Impression of firm
Trademark
Service
Location
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