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National Association of State Contractors Licensing Agencies (NASCLA) Tests Bundle Set
National Association of State Contractors Licensing Agencies (NASCLA) Tests Bundle Set
[Show more]National Association of State Contractors Licensing Agencies (NASCLA) Tests Bundle Set
[Show more]1. FOB freight prepaid requires 
 __________ to pay for shipping 
 charges. 
 
A. Contractor 
 
B. Buyer 
 
C. Seller 
 
D. Subcontractor CORRECT ANSWER Seller 
 
2. Which of the following is not a 
 member of the supervisory? 
 
A. Foreman 
 
B. materials expediter 
 
C. Owner's representative ...
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Add to cart1. FOB freight prepaid requires 
 __________ to pay for shipping 
 charges. 
 
A. Contractor 
 
B. Buyer 
 
C. Seller 
 
D. Subcontractor CORRECT ANSWER Seller 
 
2. Which of the following is not a 
 member of the supervisory? 
 
A. Foreman 
 
B. materials expediter 
 
C. Owner's representative ...
3 elements of a business plan CORRECT ANSWER -cover page 
-executive summary 
-company summary 
-products and services 
-market analysis 
-marketing strategy 
-financial plan 
 
advantages of sole proprietorship CORRECT ANSWER -minimal legal restrictions 
-simple ownership form 
-low start up costs ...
Preview 2 out of 11 pages
Add to cart3 elements of a business plan CORRECT ANSWER -cover page 
-executive summary 
-company summary 
-products and services 
-market analysis 
-marketing strategy 
-financial plan 
 
advantages of sole proprietorship CORRECT ANSWER -minimal legal restrictions 
-simple ownership form 
-low start up costs ...
What is the major Purpose of Licensing? CORRECT ANSWER A major purpose of licensing is to protect the Health, safety, and welfare of the public. 
-Licensing also defines the scope of occupational practice legally reserved for license holders. 
 
What does Licensing establish? CORRECT ANSWER Licensi...
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Add to cartWhat is the major Purpose of Licensing? CORRECT ANSWER A major purpose of licensing is to protect the Health, safety, and welfare of the public. 
-Licensing also defines the scope of occupational practice legally reserved for license holders. 
 
What does Licensing establish? CORRECT ANSWER Licensi...
Preview 1 out of 2 pages
Add to cartNASCLA Exam questions with correct answers
FOB freight prepaid requires __________ to pay for shipping charges CORRECT ANSWER Seller 14-12 
 
Which of the following is not a member of the supervisory team? CORRECT ANSWER Project manager 9-7 
 
__________ scheduling consists of dates, delivery dates, payment schedule and vacations. It is a si...
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Add to cartFOB freight prepaid requires __________ to pay for shipping charges CORRECT ANSWER Seller 14-12 
 
Which of the following is not a member of the supervisory team? CORRECT ANSWER Project manager 9-7 
 
__________ scheduling consists of dates, delivery dates, payment schedule and vacations. It is a si...
2 CORRECT ANSWER How many members of the board are consumers? 
 
right to work CORRECT ANSWER what laws secure the right of employees to decide if they wish to support or join a union? 
 
Consideration CORRECT ANSWER __________ is anything of value 
 
Social Security Card CORRECT ANSWER which of the...
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Add to cart2 CORRECT ANSWER How many members of the board are consumers? 
 
right to work CORRECT ANSWER what laws secure the right of employees to decide if they wish to support or join a union? 
 
Consideration CORRECT ANSWER __________ is anything of value 
 
Social Security Card CORRECT ANSWER which of the...
The standard industry mark-up is? CORRECT ANSWER 15% 
- Bus Law & Proj Mgmt pg 7-7 
 
Which of the following is important to consider in order to avoid inaccuracies when making an accurate project estimate? 
A) Units of measure 
B) Time involved 
C) Overhead Costs 
D) Productivity time CORRECT ANSWE...
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Add to cartThe standard industry mark-up is? CORRECT ANSWER 15% 
- Bus Law & Proj Mgmt pg 7-7 
 
Which of the following is important to consider in order to avoid inaccuracies when making an accurate project estimate? 
A) Units of measure 
B) Time involved 
C) Overhead Costs 
D) Productivity time CORRECT ANSWE...
When do you need a permit for a retaining wall CORRECT ANSWER When it is over 4 feet tall 
 
The building official may revoke a permit if CORRECT ANSWER it is issued in error or in violation of an ordinance 
 
Who can issue a notice of violation CORRECT ANSWER Building Department 
 
Shear Wall resis...
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Add to cartWhen do you need a permit for a retaining wall CORRECT ANSWER When it is over 4 feet tall 
 
The building official may revoke a permit if CORRECT ANSWER it is issued in error or in violation of an ordinance 
 
Who can issue a notice of violation CORRECT ANSWER Building Department 
 
Shear Wall resis...
Elements of a Business Plan CORRECT ANSWER Cover Page, Executive Summary, Company Summary, Products & Services, Market Analysis, Marketing Strategy, and Financial Plan 
 
Sole Proprietorships CORRECT ANSWER Adv: Min legal restrictions, simple ownership form, low startup costs, sole ownership of prof...
Preview 2 out of 13 pages
Add to cartElements of a Business Plan CORRECT ANSWER Cover Page, Executive Summary, Company Summary, Products & Services, Market Analysis, Marketing Strategy, and Financial Plan 
 
Sole Proprietorships CORRECT ANSWER Adv: Min legal restrictions, simple ownership form, low startup costs, sole ownership of prof...
sole proprietor CORRECT ANSWER A form of business ownership is least regulated 
 
partnership CORRECT ANSWER Under which form of business organization are all investors fully liable for all debts of the business. 
 
S corporation CORRECT ANSWER owner who is looking for maximum protection from person...
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Add to cartsole proprietor CORRECT ANSWER A form of business ownership is least regulated 
 
partnership CORRECT ANSWER Under which form of business organization are all investors fully liable for all debts of the business. 
 
S corporation CORRECT ANSWER owner who is looking for maximum protection from person...
Yes CORRECT ANSWER Does home improvement include work done on an individual condominium unit? 
 
Yes CORRECT ANSWER Does home improvement include work done on a swimming pool? 
 
Yes CORRECT ANSWER Does a home improvement contract HAVE to be in writing in order to preserve your lien rights? 
 
Subco...
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Add to cartYes CORRECT ANSWER Does home improvement include work done on an individual condominium unit? 
 
Yes CORRECT ANSWER Does home improvement include work done on a swimming pool? 
 
Yes CORRECT ANSWER Does a home improvement contract HAVE to be in writing in order to preserve your lien rights? 
 
Subco...
How long does a claimant have to bring a claim against the guaranty fund? CORRECT ANSWER 3 years from discovery of the loss or damage 
 
How many days does a contractor have to respond in writing to the copy of claim that was sent by the commission? CORRECT ANSWER 10 days 
 
If within ________ after...
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Add to cartHow long does a claimant have to bring a claim against the guaranty fund? CORRECT ANSWER 3 years from discovery of the loss or damage 
 
How many days does a contractor have to respond in writing to the copy of claim that was sent by the commission? CORRECT ANSWER 10 days 
 
If within ________ after...
1x sold
Sole Proprietorship CORRECT ANSWER a business owned and managed by a single individual 
Simplest form to set up 
unlimited Liability 
 
Partnerships CORRECT ANSWER Business organizations in which two or more persons share responsibilities, costs, profits, and losses. 
 
C Corporations CORRECT ANSWER...
Preview 2 out of 15 pages
Add to cartSole Proprietorship CORRECT ANSWER a business owned and managed by a single individual 
Simplest form to set up 
unlimited Liability 
 
Partnerships CORRECT ANSWER Business organizations in which two or more persons share responsibilities, costs, profits, and losses. 
 
C Corporations CORRECT ANSWER...
Yes CORRECT ANSWER Does home improvement include work done on an individual condominium unit? 
 
Yes CORRECT ANSWER Does home improvement include work done on a swimming pool? 
 
Yes CORRECT ANSWER Does a home improvement contract HAVE to be in writing in order to preserve your lien rights? 
 
Subco...
Preview 3 out of 25 pages
Add to cartYes CORRECT ANSWER Does home improvement include work done on an individual condominium unit? 
 
Yes CORRECT ANSWER Does home improvement include work done on a swimming pool? 
 
Yes CORRECT ANSWER Does a home improvement contract HAVE to be in writing in order to preserve your lien rights? 
 
Subco...
A Home Improvement Contractor is a person who offers to... CORRECT ANSWER perform repairs for a homeowner. 
 
What is the MAXIMUM deposit permitted for a project with a total contract price of $1,500? CORRECT ANSWER $500 
 
What is the MAXIMUM amount that a home improvement contactor may pay to a ho...
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Add to cartA Home Improvement Contractor is a person who offers to... CORRECT ANSWER perform repairs for a homeowner. 
 
What is the MAXIMUM deposit permitted for a project with a total contract price of $1,500? CORRECT ANSWER $500 
 
What is the MAXIMUM amount that a home improvement contactor may pay to a ho...
Balance sheet, income statement, statement of cashflow CORRECT ANSWER Three types of financial statements 
 
Sustainable practices CORRECT ANSWER specifically consider a building project's long term impact on the environment 
 
Board feet CORRECT ANSWER The volume of wood needed for a project 
 
De...
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Add to cartBalance sheet, income statement, statement of cashflow CORRECT ANSWER Three types of financial statements 
 
Sustainable practices CORRECT ANSWER specifically consider a building project's long term impact on the environment 
 
Board feet CORRECT ANSWER The volume of wood needed for a project 
 
De...
FOB freight prepaid requires _________ to pay for shipping charges. CORRECT ANSWER 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 CORRECT ANSWER Project Manager (Chapter 9, page 7)...
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Add to cartFOB freight prepaid requires _________ to pay for shipping charges. CORRECT ANSWER 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 CORRECT ANSWER Project Manager (Chapter 9, page 7)...
FOB freight prepaid requires _____ to pay for shipping charges. 
 
A. Contractor 
B. Buyer 
C. Seller 
D. Subcontractor CORRECT ANSWER C. Seller 
 
13-11 
 
_____ is NOT a member of the supervisory team. 
 
A. A Foreman 
B. A Material expediter 
C. The Owner's representative 
D. A Project manager C...
Preview 3 out of 20 pages
Add to cartFOB freight prepaid requires _____ to pay for shipping charges. 
 
A. Contractor 
B. Buyer 
C. Seller 
D. Subcontractor CORRECT ANSWER C. Seller 
 
13-11 
 
_____ is NOT a member of the supervisory team. 
 
A. A Foreman 
B. A Material expediter 
C. The Owner's representative 
D. A Project manager 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 CORRECT ANSWER A. Accrual 
 
13-7 
 
A _____ bundles all cost factors for entire task. 
 
A. Lump sum 
B. Cost plus 
C. Percent completion ...
Preview 3 out of 20 pages
Add to cartThe _____ 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 ...
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