100 Practice Questions for the Florida
Contractors Manual Questions with
Correct Answers 2025/2026
A properly registered fictitious name is valid for ________________
A. 1 year
B. 2 years
C. 3 years
D. 5 years - CORRECT 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 - CORRECT 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 - CORRECT 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 registrati
on within 45 days of filing,
D. Fictitious name registration must be renewed between July 1 and December 31 in the expirat
ion year. - CORRECT ANSWER -
C. If a change of ownership occurs, the owner(s) of record must file a cancellation and registrati
on 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
B. Between $70,000 -$90,000
C. Between $90,000-$110,000
D. More than $110,000 - CORRECT ANSWER -D. More than $110,000
1-12
If the above partnership were dissolved, showing a net loss of $60,000, how much would Noah
owe?
,A. $60,000
B.x$4,666
C.x$20,000
D.x$0.00x-xCORRECTxANSWERx-A.x$60,000
1-13
AccordingxtoxthexContractor'sxManual,xstartingxcapitalxshouldxbexenoughxtoxcoverxlivingxexpens
e
sxforxbetweenxwhichxofxthexfollowing?
A.x3xmonthsxtoxaxyear
B.x6xmonthsxtoxaxyear
C.x9xmonthsxtoxaxyear
D.xatxleastxaxyearx-xCORRECTxANSWERx-
A.x3xmonthsxtoxaxyear
1-17
AxPartnershipxwillxbexdissolvedxifxwhichxofxthexfollowingxapplies?
A.xUnlawfuIxActivity
B.xFailingxtoxhavexaxprimaryxqualifyingxagent
C.xAxcourtxdecreexunderxthexpartnershipxact
D.xAxandxCx1-29x-xCORRECTxANSWERx-D.xAxandxCx1-
29
1-29
WhichxofxthexfollowingxisxNOTxcharacteristicxaboutxaxGeneralxandxLimitedxPartnership?
,x
A.xThexlimitedxpartnershipxhasxtwoxtypesxofxpartners;xaxpartnershipxonlyxone.
B.xThexgeneralxpartnersxofxaxlimitedxpartnershipxhavexlimitedxpersonalxliability;xthexpartnersxofx
a
partnershipxdoxnot.
C.xInxaxlimitedxpartnershipxthexlimitedxpartnersxhavexnoxmanagementxresponsibility.
D.xThexgeneralxpartnerxhasxjointxandxseveralxliability;xthexlimitedxpartnerxdoesxnotx
-
CORRECT
C. xANSWER
xInxaxlimited x-
xpartnership xthexlimitedxpartnersxhavexnoxmanagementxresponsibility.
1-12
WhichxofxthexfollowingxisxNOTxtruexaboutxaxsolexproprietor,xa/k/axDBA,xoperatingxaxbusinessxinx
hi
sxownxname?
A.xAxbusinessxfictitiousxnamexfilingxisxnecessary.
B.xAxbusinessxTaxxIdentificationxNumberxfilingxisxnecessary.
C.xNeitherxAxnorxB
D.xBothxAxandxBx-xCORRECTxANSWERx-
D.xBothxAxandxB
1-11
Whichxofxthexfollowingxisxanxadvantagexofxowningxaxcorporation?
A.xContinuityxofxexistence.
B.xLackxofxcentralizedxcontrol.
C.xsharingxofxideasxandxmanagementxresponsibility.
D.xEasierxtoxcreate.x-xCORRECTxANSWERx-A.xContinuityxofxexistence.
1-11
Contractors Manual Questions with
Correct Answers 2025/2026
A properly registered fictitious name is valid for ________________
A. 1 year
B. 2 years
C. 3 years
D. 5 years - CORRECT 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 - CORRECT 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 - CORRECT 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 registrati
on within 45 days of filing,
D. Fictitious name registration must be renewed between July 1 and December 31 in the expirat
ion year. - CORRECT ANSWER -
C. If a change of ownership occurs, the owner(s) of record must file a cancellation and registrati
on 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
B. Between $70,000 -$90,000
C. Between $90,000-$110,000
D. More than $110,000 - CORRECT ANSWER -D. More than $110,000
1-12
If the above partnership were dissolved, showing a net loss of $60,000, how much would Noah
owe?
,A. $60,000
B.x$4,666
C.x$20,000
D.x$0.00x-xCORRECTxANSWERx-A.x$60,000
1-13
AccordingxtoxthexContractor'sxManual,xstartingxcapitalxshouldxbexenoughxtoxcoverxlivingxexpens
e
sxforxbetweenxwhichxofxthexfollowing?
A.x3xmonthsxtoxaxyear
B.x6xmonthsxtoxaxyear
C.x9xmonthsxtoxaxyear
D.xatxleastxaxyearx-xCORRECTxANSWERx-
A.x3xmonthsxtoxaxyear
1-17
AxPartnershipxwillxbexdissolvedxifxwhichxofxthexfollowingxapplies?
A.xUnlawfuIxActivity
B.xFailingxtoxhavexaxprimaryxqualifyingxagent
C.xAxcourtxdecreexunderxthexpartnershipxact
D.xAxandxCx1-29x-xCORRECTxANSWERx-D.xAxandxCx1-
29
1-29
WhichxofxthexfollowingxisxNOTxcharacteristicxaboutxaxGeneralxandxLimitedxPartnership?
,x
A.xThexlimitedxpartnershipxhasxtwoxtypesxofxpartners;xaxpartnershipxonlyxone.
B.xThexgeneralxpartnersxofxaxlimitedxpartnershipxhavexlimitedxpersonalxliability;xthexpartnersxofx
a
partnershipxdoxnot.
C.xInxaxlimitedxpartnershipxthexlimitedxpartnersxhavexnoxmanagementxresponsibility.
D.xThexgeneralxpartnerxhasxjointxandxseveralxliability;xthexlimitedxpartnerxdoesxnotx
-
CORRECT
C. xANSWER
xInxaxlimited x-
xpartnership xthexlimitedxpartnersxhavexnoxmanagementxresponsibility.
1-12
WhichxofxthexfollowingxisxNOTxtruexaboutxaxsolexproprietor,xa/k/axDBA,xoperatingxaxbusinessxinx
hi
sxownxname?
A.xAxbusinessxfictitiousxnamexfilingxisxnecessary.
B.xAxbusinessxTaxxIdentificationxNumberxfilingxisxnecessary.
C.xNeitherxAxnorxB
D.xBothxAxandxBx-xCORRECTxANSWERx-
D.xBothxAxandxB
1-11
Whichxofxthexfollowingxisxanxadvantagexofxowningxaxcorporation?
A.xContinuityxofxexistence.
B.xLackxofxcentralizedxcontrol.
C.xsharingxofxideasxandxmanagementxresponsibility.
D.xEasierxtoxcreate.x-xCORRECTxANSWERx-A.xContinuityxofxexistence.
1-11
