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Michigan's residential builder Exam Questions and Answers 100% Pass
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Michigan's residential builder Exam Questions and Answers 100% Pass Federal unemployment tax - ANSWER-All of the following are calculated based on the employees earnings. The employee pays a portion of each except for ________ which is paid entirely by the employer. This system requires more r...

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  • November 18, 2024
  • 18
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • michigans residential builder exam questions and

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  • Michigan builders license
  • Michigan builders license

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Michigan's residential builder Exam
Questions and Answers 100% Pass

Federal unemployment tax - ANSWER✔✔-All of the following are calculated based on

the employees earnings. The employee pays a portion of each except for ________

which is paid entirely by the employer.


This system requires more recordkeeping - ANSWER✔✔-What is a disadvantage of

using the accrual method of accounting?


500 - ANSWER✔✔-If a contractor is FUTA liability exceeds ______ , then FUTA taxes

are deposited quarterly.


2 - ANSWER✔✔-The Good Contractor Co. needs to find there working capital ratio.

Their current assets are $30,000 and their current liabilities are $15,000. What is the

working capital ratio?


Cash Flow Statement - ANSWER✔✔-The _______ summarizes the cash inflows and

outflows from operating, investing, and financing activities during a special time.


Monthly - ANSWER✔✔-At a minimum, deposit of taxes withheld must be made on a

______ basis.




Copyright ©SOPHIABENNETT 2025 ACADEMIC YEARALL RIGHTS RESERVED. Page 1/18

,Match the inflow and outflow of cash in place both in the same tax period. -

ANSWER✔✔-When it comes to comparing short-term and long-term income with the

timeframe when costs and expenses were incurred it would be best to


Total sales - cost of goods sold / total sales - ANSWER✔✔-What is the formula for

finding the gross profit for sales ratio?


Keep separate ledgers for short term and long term accounts receivable - ANSWER✔✔-

Jasmine the contractor is having a busy year for work. She has three long-term projects

going on at once and there have been at least 10 short term project completed

throughout the year. Jasmine does her own bookkeeping in the best practice would be

for her do you want?


Balance sheet, income statement - ANSWER✔✔-The _______ shows the business's

financial condition during a specific period of time, while the _______ shows activity

over time.


To ensure that the cabinet and its contents remain securely fastened to the wall -

ANSWER✔✔-Why should blocking be used in the installation of cabinetry?


Housewrap is the traditional method for protecting sheathing - ANSWER✔✔-Which of

these is NOT an element of housewrap?


25 - ANSWER✔✔-Notches in a loadbearing wall cannot exceed _____ percent of width.




Copyright ©SOPHIABENNETT 2025 ACADEMIC YEARALL RIGHTS RESERVED. Page 2/18

, On center spacing - ANSWER✔✔-The maximum spacing allowed between various

sizes of joists and rafters is called what?


Molding - ANSWER✔✔-What term usually refers to narrow length of wood with a

shaped profile?


7-10 - ANSWER✔✔-What is the girder span constructed of three 2x10s for an exterior

bearing wall supporting a floor and ceiling with a snow load of 50 PSF in a building 28

feet wide?


25 - ANSWER✔✔-Diagonal bracing is necessary for the lateral strength of a wall. In all

exterior walls bracing should be placed at both ends and at ______-foot intervals


A span table - ANSWER✔✔-To which of the following references would you prefer to

determine how many joists or rafters you would need?


Concrete blocks - ANSWER✔✔-_________ do not require the formwork of solid

concrete foundation walls, but do you need reinforcement from rebar or pilasters.


Aggregate - ANSWER✔✔-The biggest percentage of concrete mix is due to:


25 - ANSWER✔✔-When performing a slump test, the concrete should be poured into

the slump cone and three layers, each of which is "riddled in" with _____ strokes of a

tamping rod.


The water-cement ratio - ANSWER✔✔-The chief factor controlling the strength of

concrete is ________.

Copyright ©SOPHIABENNETT 2025 ACADEMIC YEARALL RIGHTS RESERVED. Page 3/18

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