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NASCLA Contractor 2024 Exam Review Questions and Answers 100% Pass | Graded A+
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NASCLA Contractor 2024 Exam ReviewQuestions and Answers 100% Pass |
Graded A+
David Mungai [Date] [Course title]
, NASCLA Contractor 2024 Exam Review
Questions and Answers 100% Pass |
Graded A+
Which form of business ownership is least regulated? -
Answer>> Sole Proprietorship
under which form of business organization are all investors fully
liable for all debts of the business? - Answer>> Partnership
The owner who is looking for maximum protection from personal
liability will choose this - Answer>> S corporation
What is the worst possible error in estimating? - Answer>>
Leaving something out
Which document reports after-expenses earnings? -
Answer>> Income Statement
What is the term used for the method of allocating the cost of an
asset over its useful life? - Answer>> Depreciation
What is the number of hours in a defined Fair Labor Standards
Act (FLSA) work week? - Answer>> 168 Hours
Which tax is deducted solely from employees wages? -
Answer>> State income tax
What is form W-3? - Answer>> Employers summary of W-2's
issued to employees
The state employment commission requires that all payroll
records be maintained for? - Answer>> 4 years
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