Nascla test 2 - Study guides, Class notes & Summaries
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NASCLA Business, Law and Project Management (Basic) - Practice Test 2 Already Graded A
- Exam (elaborations) • 27 pages • 2024
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NASCLA Business, Law and Project 
Management (Basic) - Practice Test 2 
 
Already Graded A 
 
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 A. Accrual 
 
13-7 
 
A _____ bundles all cost factors for entire task. 
 
A. Lump sum 
B. Cost plus 
C. Percent completion method 
 
D. Unit price method D. Unit price method 
 
6-7 
 
_____ requires paying prevailing wages in federally-financ...
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NASCLA Business, Law and Project Management (Basic) - Practice Test 2 questions and answers latest 2024
- Exam (elaborations) • 14 pages • 2024
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NASCLA Business, Law and Project Management (Basic) - Practice Test 2 questions and answers latest 2024
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1 Exam Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1st Edition Practice Test 2 | Questions and Correct Answers 2024/2025 Update
- Exam (elaborations) • 32 pages • 2024
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1 Exam Prep NASCLA 
Contractor's Guide to 
Business, Law, and Project 
Management, Florida 1st 
Edition Practice Test 2 | 
Questions and Correct 
Answers 2024/2025 Update 
1. Which of the following bonds guarantees that the contractor has paid 
the subcontractor? 
A. Bid bond 
B. Performance bondC. Payment bond 
D. James bond - Answer -Payment Bond 
2. The _____________ method recognizes income when the employer 
has done the work, yet has not 
received the income. 
A. Accrual
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1 Exam Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1st Edition Practice Test 2
- Exam (elaborations) • 16 pages • 2024
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1 Exam Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1st Edition Practice Test 2 
 
1. Which of the following bonds guarantees that the contractor has paid the subcontractor? 
 
A. Bid bond 
 
B. Performance bond 
 
C. Payment bond 
 
D. James bond - ANS Payment Bond 
 
2. The _____________ method recognizes income when the employer has done the work, yet has not 
 
received the income. 
 
A. Accrual 
 
B. Appreciation 
 
C. Deprecation 
 
D. Cash - ANS ...
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NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Test Questions And Answers | Latest Update 2024/2025 (GRADED)
- Exam (elaborations) • 37 pages • 2024
- Available in package deal
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- $15.49
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NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Test Questions And Answers | Latest Update 2024/2025 (GRADED) Which of the following bonds guarantees that the 
contractor has paid the subcontractor? 
A. Bid bond 
B. Performance bond 
C. Payment bond 
D. James bond - Correct Answer-Payment Bond 
2. The _____________ method recognizes income when the 
employer has done the work, yet has not 
received the income. 
NASCLA Contractor's Guide To Business, Law,...
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NASCLA Business, Law and Project Management (Basic) - Practice Test
- Exam (elaborations) • 24 pages • 2023
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NASCLA Business, Law and Project Management (Basic) - Practice Test 
 
 
 
 
 
 
 
1.	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: Accrual 
 
13-7 
2.	A	bundles all cost factors for entire task. 
 
A.	Lump sum 
B.	Cost plus 
C.	Percent completion method 
D.	Unit price method: Unit price method 
 
6-7 
3.	 	requires
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NASCLA Business, Law and Project Management (Basic) - Practice Test 2
- Exam (elaborations) • 14 pages • 2024
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NASCLA Business, Law and Project Management (Basic) - Practice Test 2
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NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Practice Test 2 Questions And Answers 2024
- Exam (elaborations) • 16 pages • 2024
- Available in package deal
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- $13.49
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NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Practice Test 2 Questions And Answers 2024 
 
1. Which of the following bonds guarantees that the contractor has paid the subcontractor? 
 
A. Bid bond 
 
B. Performance bond 
 
C. Payment bond 
 
D. James bond 
Payment Bond 
 
2. The _____________ method recognizes income when the employer has done the work, yet has not 
 
received the income. 
 
A. Accrual 
 
B. Appreciation 
 
C. Deprecation 
 
D. Cash 
C...
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NASCLA Business, Law and Project Management (Basic) - Practice Test 2 | Questions and Correct Answers | Latest Update 2024/2025 | 100% Pass
- Exam (elaborations) • 23 pages • 2024
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NASCLA Business, Law and 
Project Management (Basic) - 
Practice Test 2 | Questions and 
Correct Answers | Latest 
Update 2024/2025 | 100% Pass 
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 - Answer -A. Accrual 
13-7 
A _____ bundles all cost factors for entire task.A. Lump sum 
B. Cost plus 
C. Percent completion method 
D. Unit price method - Answer -D. Unit price method 
6-7 
___...
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NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Test Questions And Answers, Latest Update 2024/2025 (GRADED)
- Exam (elaborations) • 37 pages • 2024
- Available in package deal
-
- $15.49
- + learn more
NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Test Questions And Answers, Latest Update 2024/2025 (GRADED) Which of the following bonds guarantees that the 
contractor has paid the subcontractor? 
A. Bid bond 
B. Performance bond 
C. Payment bond 
D. James bond - Correct Answer-Payment Bond 
2. The _____________ method recognizes income when the 
employer has done the work, yet has not 
received the income. 
NASCLA Contractor's Guide To Business, Law, ...
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