2027 EXAM WITH COMPLETE QUESTIONS AND
CORRECT ANSWERS LATEST UPDATE THIS
YEAR.pdf
A properly registered fictitious name is valid for
________________
A. 1 year
B. 2 years
C. 3 years
D. 5 years - ANSWER-D. 5 years
1-15
,Which of the following would have jurisdiction over
dredging or excavation of navigable waters and wetlands?
A. U.S. Dept. of the Interior
B. Florida Dept. of State
C. Florida Dept.of Transportation
D. U.S Army Corps of Engineers - ANSWER-D. U.S Army
Corps of Engineers
1-16
The name of the form which is used to apply for sales tax
is?
A. W2
,B. DR-1
C. S1
D. W4 - ANSWER-B. DR-1
1-21
Which of the following is NOT true about a fictitious name
registration?
A. Valid for 5 years.
B. The fictitious name must be advertised at least one
time.
C. If a change of ownership occurs, the owner(s) of record
must file a cancellation and registration within 45 days of
filing,
, D. Fictitious name registration must be renewed between
July 1 and December 31 in the expiration year. -
ANSWER-C. If a change of ownership occurs, the
owner(s) of record must file a cancellation and registration
within 45 days of filing,
1-15
Three partners, Noah, Evan & Steven form a partnership.
Noah invests $30,000; Steven invests $20,000 and Evan
invests $15,000. In addition, Noah performs specific
management functions for which he is paid $5,000 from
the partnership proceeds. If the partnership earns
$244,000, how much will Noah receive?
A. Less than $70,000