Contractor - Study guides, Class notes & Summaries

Arizona Contractor License CR-67 Questions and Answers

A lump sum contract on a project has a total contract price of $160,000. Retainage has been held back at 10%. The contractor has received progress payments for 75% of the project. The contractor submits a request for final payment for the new completed project. The final payment amount should be for... CORRECT ANSWER More than $50,000 What is the total value of current assets for an accrual basis company that has the following? Checking account cash balance is $4,800; materials inventory for ...

CSLB B LICENSE GENERAL CONTRACTOR 2024/2025 ACTUAL EXAM 2 VERSIONS COMPLETE QUESTIONS AND VERIFIED ANSWERS / GET ALL RIGHT.

A lump sum contract on a project has a total contract price of $160,000. Retainage has been held back at 10%. The contractor has received progress payments for 75% of the project. The contractor submits a request for final payment for the new completed project. The final payment amount should be for... - More than $50,000 What is the total value of current assets for an accrual basis company that has the following? Checking account cash balance is $4,800; materials inventory for work-in-pro...

What is the minimum distance from exposed ground for a wood framing member that is in contact with?? - 24 inches What is the maximum allowed slope for the top surface of a footing? - None Where should a drip edge be used? - Beneath the underlayment What is the minimum height for guard rails for balcony? - 36 inches What test is performed to determine the drainage capacity of a soil? - Perculation test- Perc Test What is the minimum width of footings used for a one story structure build on ...

What is the MAXIMUM penalty for a contractor who undertakes work without the proper class of license? - $500 fine per day for each day of violation plus penalties for a misdemeanor. What is the PRIMARY purpose of licensing? - Protect the health and welfare of the public. The application for licensure MUST include - the business address of the proposed designated employee. All of the following must be licensed EXCEPT - a material supplier who advises a contractor. When a claimant is paid fu...

Depreciation is taken on which of the company's assets? a. Loans b. Current assets c. Fixed assets d. None of the above - Answer-C ... Explanation: Depreciation is counted from fixed assets. A private employer who employs __ or more people as of July 1, 2010, may not hire a new employee unless the employer is registered with and uses a status verification system such as E -Verify to verify the federal legal working status of any new employee. a. 5 b. 10 c. 15 d. 1 - Answer-C ... Expl...

NASCLA Accredited Exam - JJ Johnson Contractor Seminar__Correctly Answered and Updated

California State Contractors License Law and Business Test Study Guide Newest Updated Questions and Answers (2024 / 2025) (Verified Answers)

Texas Mold Remediation Contractor State Exam Questions and Answers (100 OUT OF 100).pdf