NASCLA Business, Law and Project Management (Basic) - Practice Test 2 Exam Questions And Answers
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Module
Nascla
Institution
Nascla
NASCLA Business, Law and Project Management (Basic) - Practice Test 2 Exam Questions And Answers
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 - ANS A. Accrual
13-7
A ____...
NASCLA
Business,
Law
and
Project
Management
(Basic)
-
Practice
Test
2
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
-
ANS
A.
Accrual
13-7
A
_____
bundles
all
cost
factors
for
the
entire
task.
A.
Lump
sum
B.
Cost
plus
C.
Percent
completion
method
D.
Unit
price
method
-
ANS
D.
Unit
price
method
6-7
_____
requires
paying
prevailing
wages
in
federally-financed
projects.
A.
Service
Contract
Act
B.
Walsh-Healey
Act
C.
Wage
Garnishment
Law
D.
Davis-Bacon
Act
-
ANS
D.
Davis-Bacon
Act
10-7
_____
absolves
the
indemnified
party
from
any
payment
for
losses
and
damages
incurred
by
a
third
party.
A.
Indemnification B.
Delays
and
extensions
of
time
C.
Schedule
acceleration
D.
Force
majeure
-
ANS
A.
Indemnification
7-4
An
Emergency
Action
plan
should
include
_____.
A.
Student's
name
B.
Employer's
name
C.
Administrator's
name
D.
Next
of
kin
-
ANS
C.
Administrator's
Name
11-3
The
MSDS
provides
for
two
main
purposes:
one
purpose
is
product
information;
the
other
purpose
is
_____
information.
A.
Substance
B.
Chemical
C.
Sequence
of
activities
D.
Emergency
contact
-
ANS
D.
Emergency
contact
11-6
Having
adequate
technology
strengths
can
NOT
help
an
organization
with
_____.
A.
Estimating
B.
Purchasing
C.
Scheduling
D.
Vacationing
-
ANS
D.
Vacationing
4-2
_____
is
an
exclusion
to
an
advantage
of
a
sole
proprietor.
A.
Limited
personal
responsibility
B.
Low
startup
costs
C.
Ownership
of
profits
D.
Decision
making
freedom
-
ANS
A.
Limited
personal
responsibility
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