100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CSLB Practice Test Questions and Answers 2023 with complete solution $9.49   Add to cart

Exam (elaborations)

CSLB Practice Test Questions and Answers 2023 with complete solution

 4 views  0 purchase
  • Course
  • Institution

CSLB Practice Test Questions and Answers 2023 with complete solution The costs of running your business, including office expenses, etc., is called: a. Direct Costs b. Overhead c. A liability d. Accrual b. Overhead Which government agency collects State Unemployment Tax? a. Employment...

[Show more]

Preview 2 out of 7  pages

  • May 8, 2023
  • 7
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
avatar-seller
CSLB Practice Test Questions and Answers 2023 with
complete solution
The costs of running your business, including office expenses, etc., is called:

a. Direct Costs
b. Overhead
c. A liability
d. Accrual
b. Overhead
Which government agency collects State Unemployment Tax?

a. Employment Development Department
b. County Unemployment Office
c. Franchise Tax Board
d. Internal Revenue Service
a. Employment Development Department
Who does not need a California Contractor's State License?

a. Someone who repairs or maintains an air-conditioning unit or heat-pump unit.
b. Someone who installs mobile-homes
c. Someone who digs wells on the property of others
d. Sale or installation of finished products that do not become a fixed part of the
structure
d. Sale or installation of finished products that do not become a fixed part of the
structure
Which of the following is not part of a Home-Improvement Contract?

a. Mechanic's Lien Warning
b. Notice of Cancellation
c. Twenty-Day Preliminary Notice
d. All of the above.
c. Twenty-Day Preliminary Notice
Prime Contractor must pay subcontractor when?

a. 10-days after Prime-contractor received payment
b. When Prime-contractor receives withheld retention monies
c. 30-days after completion
d. As soon as subcontractor completes the work
a. 10-days after Prime-contractor received payment
The Contractor's Surety Bond is necessary for most contractors to obtain their
license. This bond is in the amount of:

a. $2,500
b. $7,000

, c. $15,000
d. $25,000
c. $15,000
How long with the CSLB hold a contractor responsible for observable defects?

a. 5-years
b. 4-years
c. 3-years
d. 2-years
b. 4-years
In which of the following circumstances must a licensed contractor provide their
license number?

a. On all contracts
b. On all advertising
c. On all "20-day Preliminary Notices"
d. All of the above
d. All of the above
How many classifications can a Responsible Managing Employee apply for?

a. One
b. Two
c. None
d. As many as the RME can qualify for
d. As many as the RME can qualify for
If a contractor includes a provision in a contract for the use of private arbitration
and a dispute between the owner and the contractor makes arbitration necessary,
who will bear the cost of the private arbitration?

a. The California Contractor's License Board
b. The property owner
c. The prime contractor
d. The property owner and the prime contractor will split the cost of the private
arbitration
d. The property owner and the prime contractor will split the cost of the private
arbitration
State Disability Insurance is paid by:

a. Employees only
b. Employers only
c. Both employers and employees
d. Neither employers nor employees
a. Employees only
A contractor estimates labor and materials costs for a job to be $2,500.00.
Allowing for 15% overhead and 18% profit, what should the total bid be?

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ACADEMICAIDSTORE. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

62890 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.49
  • (0)
  Add to cart