Nascla test 1 one - Study guides, Class notes & Summaries
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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) • 23 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 - answerPayment 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 - answerCash 
3. A __________...
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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
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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 - 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, 
And Project Management, Florida 1st Edition 
Test Questions And Answers | Latest Update 
2024/2025 (GRADED) 
pg. 2 professoraxe 
l 
A. Accrual 
B....
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1 Exam Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1st Edition Practice Test 2 2023 verified to pass
- Exam (elaborations) • 24 pages • 2023
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1 Exam Prep NASCLA Contractor's Guide to Business, Law, and Project Management, Florida 1st Edition Practice Test 2 2023 verified to pass 
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 - correct answer 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. Depr...
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NASCLA Test 1 Exam Questions and Answers | Latest Update 2024/2025 | Graded A+
- Exam (elaborations) • 17 pages • 2024
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Loan Document 
3. Investor Document 
4. 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 a with local or state government.: - ...
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NASCLA Business, Law and Project Management (Basic) - Practice Test
- Exam (elaborations) • 24 pages • 2024
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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 paying prevailing wages in federally-financed projects. 
 
A.	Service Co...
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NASCLA Test 1 Exam Questions with Correct Answers
- Exam (elaborations) • 23 pages • 2024
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NASCLA Test 1 Exam Questions with Correct Answers ____ and _____ are two essential parts to a business plan - answer1. Planning Tool 2. Loan Document 3. Investor Document 4. Benchmarking Tool Select two standard components of a business plan - answer1. Marking Strategy 2. Executive Strategy _____ is the biggest drawback of a sole proprietorship. - answerUnlimited Personal Liability If you are a sole proprietor and complete work under a name that is not your own, you would be required to file a _...
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NASCLA Commercial Building Exam 100% Solved
- Exam (elaborations) • 18 pages • 2024
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NASCLA Commercial Building Exam 100% 
Solved 
What is the minimum ceiling height for means of Egress? -answer Not less than 7 feet 6 
inches 
Emergency Power must illuminate for how long? -answer No less than 90 minutes 
Elevators are required in a building with how many stories? -answer More than 3 (or at 
least 4). 
What is the size of the refuge space for one wheel chair? -answer 30 inches by 48 inches 
Each area of refuge shall be separated from the remainder of the story by what? -answer 
S...
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NASCLA Business, Law and Project Management (Basic) - Practice Test
- Exam (elaborations) • 24 pages • 2024
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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 paying prevailing wages in federally-financed projects. 
 
A.	Service Co...
-
NASCLA Commercial Building Exam Questions with 100% Correct Answers
- Exam (elaborations) • 18 pages • 2024
- Available in package deal
-
- $12.49
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NASCLA Commercial Building Exam 
Questions with 100% Correct Answers 
What is the minimum ceiling height for means of Egress? - answerNot less than 7 feet 6 
inches 
Emergency Power must illuminate for how long? - answerNo less than 90 minutes 
Elevators are required in a building with how many stories? - answerMore than 3 (or at 
least 4). 
What is the size of the refuge space for one wheel chair? - answer30 inches by 48 inches 
Each area of refuge shall be separated from the remainder of the s...
-
NASCLA Business, Law and Project Management, Test 2 Questions With 100% Correct Answers | Latest Update 2024/2025 | Graded
- Exam (elaborations) • 28 pages • 2024
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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 
NASCLA Business, Law and Project Management, 
Test 2 Questions With 100% Correct Answers | 
Latest Update 2024/2025 | Graded 
pg. 2 profe...
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