Exam (elaborations)
Business and finance practice exam Questions and Answers 2024
- Course
- Institution
Business and finance practice exam
[Show more]
Content preview
Business and finance practice examThe injured worker is entitled to __________ of the average weekly wage for the
healing. That is needed to recover from the Compensatable injury - answer2/3 or
66.67%
Construction lien law is not applicable to _________? - answerPublic owners and public
property
Contractors must maintain complete Financial and business records kept in the regular
course of business for the immediately preceding ________ . - answer3 years
According to the fair labor standards act, time cards must be kept for _________ years -
answer2
The ___________ provided by a general contractor for the benefit of the developer, will
provide the developer with a lien free project. - answerPayment bond
A requisition is used to indicate ______________. - answerThe transfer of inventory to
a project
The Florida Worker's Compensation applicable to any employer in the construction
industry who employs ________ or more full-time or part-time employees - answerOne
The _______________ Must be totaled in with the other earnings to determine their
regular rate on which overtime must be paid. - answerNon-discretionary bonus
The ____________ owns drawings and specifications of a completed project. -
answerArchitect
When utilizing small business administration bond guarantee program, to increase their
comfort level, the surety may require_____________________. - answerFunds
administration, escrow administration, collateral
Cost plus contracts our contracts which provide for reimbursement of a defined cost
incurred plus ________. - answerA fee for the contractor services
Three basic stages of capital which parallels the successful growth of a business. -
answerInitial startup capital, working capital, expansion capital
According to AIA A701, any required performance or payment bonds shall be
dated___________. - answerOn or after the date of the contract
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 julianah420. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $15.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
82013 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now