SCLA - Study guides, Class notes & Summaries
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NASCLA Business, Law and Project Management (Basic) - Practice Test 2 Questions With Complete Solutions
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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 correct 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 correct answer: D. Unit price method 
 
6-7 
 
_____ requires paying prevailing wages in federally-financed projects. 
 
A. Service Contract Act 
B. Walsh-Healey Act 
C...
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NASCLA Business Law and Managment EXAM SC questions with correct answers
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Sole Proprietorship CORRECT ANSWER a business owned and managed by a single individual 
Simplest form to set up 
unlimited Liability 
 
Partnerships CORRECT ANSWER Business organizations in which two or more persons share responsibilities, costs, profits, and losses. 
 
C Corporations CORRECT ANSWER Corporations that have no restrictions on who owns their shares or the number of shareholders; they cannot qualify for subchapter S tax treatment and are subject to direct taxation 
 
S corporation C...
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NASCLA (National Association of State Contractors Licensing Agencies) Exams PACKAGE DEAL |BUNDLE contains the latest exams, sample quiz, practice test, knowledge check and updated study guide - Everything you need to pass NASCLA is here!
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NASCLA (National Association of State Contractors Licensing Agencies) Exams PACKAGE DEAL |BUNDLE contains the latest exams, sample quiz, practice test, knowledge check and updated study guide - Everything you need to pass NASCLA is here!
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NASCLA Business Law and Management EXAM SC Questions With 100% Correct Answers
- Exam (elaborations) • 21 pages • 2024
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NASCLA Business Law and Management EXAM SC Questions With 100% Correct Answers
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NASCLA TESTS COMPILATION BUNDLE
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NASCLA TESTS COMPILATION BUNDLE
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NASCLA ACCREDITED EXAM ACTUAL EXAM 250 QUESTIONS AND CORRECT DETAILED ANSWERS
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NASCLA ACCREDITED EXAM ACTUAL EXAM 250 QUESTIONS AND CORRECT DETAILED ANSWERS
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NASCLA Exam Questions With 100% Correct!!
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NASCLA Exam Questions With 100% Correct!!
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NASCLA Contractors Guide Virginia, 8th Ed Chapters 3 Exam Questions and Answers
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NASCLA Contractors Guide Virginia, 8th Ed 
Chapters 3 Exam Questions and Answers 
What is the major Purpose of Licensing? - ANS ️️ A major purpose of licensing 
is to protect the Health, safety, and welfare of the public. 
-Licensing also defines the scope of occupational practice legally reserved for 
license holders. 
What does Licensing establish? - ANS ️️ Licensing establishes entrance 
requirements, standards of practice, and disciplinary authority to protect the public 
from unqual...
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NASCLA BOOKS COMBINED QUESTIONS WITH COMPLETE SOLUTIONS
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When do you need a permit for a retaining wall correct answer: When it is over 4 feet tall 
 
The building official may revoke a permit if correct answer: it is issued in error or in violation of an ordinance 
 
Who can issue a notice of violation correct answer: Building Department 
 
Shear Wall resists correct answer: Lateral pressure 
 
What type of construction uses heavy timbers AND HIGHLIGHT CONSTRUCTION TYPES correct answer: type IV construction uses heavy timbers - the exterior is m...
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NASCLA Commercial Building Exam questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating
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NASCLA Commercial Building Exam questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating
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