Retainage Study guides, Class notes & Summaries
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![VA Contractors: VA Advanced (Class A) questions with correct answers](/docpics/3635620/652dc16bda25f_3635620_121_171.jpeg)
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VA Contractors: VA Advanced (Class A) questions with correct answers
- Exam (elaborations) • 5 pages • 2023
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A lump sum contract on a project has a total contract price of $160,000. Retainage has been held back at 10%. The contractor has received progress payments for 75% of the project. The contractor submits a request for final payment for the new completed project. The final payment amount should be for... CORRECT ANSWER More than $50,000 
 
What is the total value of current assets for an accrual basis company that has the following? Checking account cash balance is $4,800; materials inventory for ...
![VA Contractors: VA Advanced (Class A) Exam Questions and Answers](/docpics/4036055/657da859c0f15_4036055_121_171.jpeg)
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VA Contractors: VA Advanced (Class A) Exam Questions and Answers
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VA Contractors: VA Advanced (Class A) 
Exam Questions and Answers 
A lump sum contract on a project has a total contract price of $160,000. Retainage 
has been held back at 10%. The contractor has received progress payments for 
75% of the project. The contractor submits a request for final payment for the new 
completed project. The final payment amount should be for... - ANS ️️ More than 
$50,000 
What is the total value of current assets for an accrual basis company that has the 
followin...
![VA Contractors: VA Advanced (Class A) 2024 Questions with 100% Correct Answers](/docpics/4904413/660cad60865f7_4904413_121_171.jpeg)
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VA Contractors: VA Advanced (Class A) 2024 Questions with 100% Correct Answers
- Exam (elaborations) • 4 pages • 2024
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A lump sum contract on a project has a total contract price of $160,000. Retainage has been held back at 
10%. The contractor has received progress payments for 75% of the project. The contractor submits a 
request for final payment for the new completed project. The final payment amount should be for... - 
More than $50,000 
What is the total value of current assets for an accrual basis company that has the following? Checking 
account cash balance is $4,800; materials inventory for work-in-pro...
![NASCLA Business, Law, and Project Management 13th Edition - Test 1 Questions With Complete Solutions](/docpics/3371246/64f63180160cc_3371246_121_171.jpeg)
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NASCLA Business, Law, and Project Management 13th Edition - Test 1 Questions With Complete Solutions
- Exam (elaborations) • 18 pages • 2023
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FOB freight prepaid requires _____ to pay for shipping charges. 
 
A. Contractor 
B. Buyer 
C. Seller 
D. Subcontractor correct answer: C. Seller 
 
13-11 
 
_____ is NOT a member of the supervisory team. 
 
A. A Foreman 
B. A Material expediter 
C. The Owner's representative 
D. A Project manager correct answer: D. A Project Manager 
 
8-7 
 
With _____ scheduling, you can link project tasks to specific dates such as delivery dates, payment schedule and employee vacations and holidays. 
 
A....
![VA Contractors: VA Advanced (Class A) Questions & Answers](/docpics/4833598/660307eec5225_4833598_121_171.jpeg)
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VA Contractors: VA Advanced (Class A) Questions & Answers
- Exam (elaborations) • 4 pages • 2024
- Available in package deal
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- $9.99
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A lump sum contract on a project has a total contract price of $160,000. Retainage has been held back at 10%. The contractor has received progress payments for 75% of the project. The contractor submits a request for final payment for the new completed project. The final payment amount should be for... - ANSWER-More than $50,000 
 
What is the total value of current assets for an accrual basis company that has the following? Checking account cash balance is $4,800; materials inventory for work-i...
![NASCLA Business, Law, and Project Management 13th Edition - Test 1 Already Passed](/docpics/4682111/65e8c613414aa_4682111_121_171.jpeg)
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NASCLA Business, Law, and Project Management 13th Edition - Test 1 Already Passed
- Exam (elaborations) • 27 pages • 2024
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NASCLA Business, Law, and Project 
Management 13th Edition - Test 1 
 
Already Passed 
 
FOB freight prepaid requires _____ to pay for shipping charges. 
 
A. Contractor 
 
B. Buyer 
C. Seller 
 
D. Subcontractor C. Seller 
 
13-11 
 
_____ is NOT a member of the supervisory team. 
 
A. A Foreman 
B. A Material expediter 
C. The Owner's representative 
D. A Project manager D. A Project Manager 
 
8-7 
 
With _____ scheduling, you can link project tasks to specific dates such as delivery dates, ...
![NASCLA Business, Law, and Project Management 13th Edition - Test 1 Exam Questions with Correct Answers](/docpics/4780879/65f914d576168_4780879_121_171.jpeg)
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NASCLA Business, Law, and Project Management 13th Edition - Test 1 Exam Questions with Correct Answers
- Exam (elaborations) • 24 pages • 2024
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NASCLA Business, Law, and Project Management 13th Edition - Test 1 Exam Questions with Correct Answers FOB freight prepaid requires _____ to pay for shipping charges. A. Contractor B. Buyer C. Seller D. Subcontractor - answerC. Seller 13-11 _____ is NOT a member of the supervisory team. A. A Foreman B. A Material expediter C. The Owner's representative D. A Project manager - answerD. A Project Manager 8-7 With _____ scheduling, you can link project tasks to specific dates such as delivery dates...
![NASCLA Business, Law, and Project Management 13th Edition - Test 1 Exam Questions with Correct Answers](/docpics/4683426/65e8eb687925d_4683426_121_171.jpeg)
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NASCLA Business, Law, and Project Management 13th Edition - Test 1 Exam Questions with Correct Answers
- Exam (elaborations) • 17 pages • 2024
- Available in package deal
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- $12.49
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NASCLA Business, Law, and Project 
Management 13th Edition - Test 1 Exam 
Questions with Correct Answers 
FOB freight prepaid requires _____ to pay for shipping charges. 
A. Contractor 
B. Buyer 
C. Seller 
D. Subcontractor - answerC. Seller 
13-11 
_____ is NOT a member of the supervisory team. 
A. A Foreman 
B. A Material expediter 
C. The Owner's representative 
D. A Project manager - answerD. A Project Manager 
8-7 
With _____ scheduling, you can link project tasks to specific dates such as...
![NASCLA Business, Law, and Project Management 13th Edition - Test 1 Exam Questions with Correct Answers](/docpics/4708112/65ecde4b59312_4708112_121_171.jpeg)
-
NASCLA Business, Law, and Project Management 13th Edition - Test 1 Exam Questions with Correct Answers
- Exam (elaborations) • 17 pages • 2024
- Available in package deal
-
- $12.49
- + learn more
NASCLA Business, Law, and Project 
Management 13th Edition - Test 1 Exam 
Questions with Correct Answers 
FOB freight prepaid requires _____ to pay for shipping charges. 
A. Contractor 
B. Buyer 
C. Seller 
D. Subcontractor - answerC. Seller 
13-11 
_____ is NOT a member of the supervisory team. 
A. A Foreman 
B. A Material expediter 
C. The Owner's representative 
D. A Project manager - answerD. A Project Manager 
8-7 
With _____ scheduling, you can link project tasks to specific dates such as...
![NASCLA Test 1 Exam Questions and Answers, Latest Update 2024/2025 (Graded A+)](/docpics/5153620/66311e007bafa_5153620_121_171.jpeg)
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NASCLA Test 1 Exam Questions and Answers, Latest Update 2024/2025 (Graded A+)
- Exam (elaborations) • 17 pages • 2024
- Available in package deal
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- $13.99
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NASCLA Test 1 Exam Questions and Answers, Latest Update 2024/2025 (Graded A+) Benchmarking Tool 
2. Select two standard components of a business plan: answer- 1. Marking 
Strategy 
2. Executive Strategy 
3. is the biggest drawback of a sole proprietorship.: answer- Unlimited 
Personal Liability 
4. If you are a sole proprietor and complete work under a name that is not your NASCLA Test 1 Exam Questions and 
Answers | Latest Update 2024/2025 | 
Graded A+ 
2 / 8 
own, you would be required to file...
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