Nascla test a - 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
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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 Business, Law, and Project Management 13th Edition - Test 1 Already Passed
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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, ...
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NASCLA Business, Law and Project Management (Basic) - Practice Test
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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 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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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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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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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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NASCLA Business, Law and Project Management, Test 2 Questions With 100% Correct Answers | Latest Update 2024/2025 | Graded. 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 Busine...
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NASCLA Business, Law and Project Management, Test 2 Questions With 100% Correct Answers | Latest Update 2024/2025 | Graded A+.
- Exam (elaborations) • 28 pages • 2024
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Available in package deal
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NASCLA Business, Law and Project Management, Test 2 Questions With 100% Correct Answers | Latest Update 2024/2025 | 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 - 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 Bus...
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NASCLA Test 1 Questions with correct Answers 100% Accurate
- Exam (elaborations) • 10 pages • 2023
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NASCLA Test 1
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NASCLA Business, Law, and Project Management 13th Edition - Test 1 Q&A RATED A.
- Exam (elaborations) • 19 pages • 2024
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NASCLA Business, Law, and Project Management 13th Edition - Test 1 Q&A RATED A.NASCLA Business, Law, and Project Management 13th Edition - Test 1 Q&A RATED A.NASCLA Business, Law, and Project Management 13th Edition - Test 1 Q&A RATED A.NASCLA Business, Law, and Project Management 13th Edition - Test 1 Q&A RATED A.NASCLA Business, Law, and Project Management 13th Edition - Test 1 Q&A RATED A.NASCLA Business, Law, and Project Management 13th Edition - Test 1 Q&A RATED A.NASCLA Busines...
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NASCLA Business, Law, and Project Management 13th Edition - Test 1 | Questions and Correct Answers | Latest Update 2024/2025 | 100% Pass
- Exam (elaborations) • 24 pages • 2024
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NASCLA Business, Law, and 
Project Management 13th 
Edition - Test 1 | Questions and 
Correct Answers | Latest 
Update 2024/2025 | 100% Pass 
FOB freight prepaid requires _____ to pay for shipping charges. 
A. Contractor 
B. Buyer 
C. Seller 
D. Subcontractor - 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 - Answer -D. A Project Manager 
8-7 
With _____ scheduling, you can link...
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