Michigan MI Security Alarm System Contractor Exam
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Which act was passed in 1990 and was the first federal
statute that expanded civil rights protections to people with
disabilities? - Answer-Americans with Disabilities Act
(ADA)
What is a design or build contract? - Answer-A kind of
contract where the owner contracts with one company to
complete a construction project from start to finish (cradle
to the grave)
What is a hybrid business structure that shares similarities
with sole proprietorships as well as corporate structures? -
Answer-Limited Liability Company (LLC)
The general or prime contractor generally enters into a
contract to begin the project with: - Answer-The Owner
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What is a breach of Contract? - Answer-When one of the
participants involved in an agreement (contract) does not
satisfy any terms or conditions of the contract
What is a material breach? - Answer-A serious violation of
a contract that could void the contract and has a high
likelihood of litigation
What includes guiding and coordinating each part of the
project from concept to completion? - Answer-Project
Management
What confirms work is performed according to contract
specifications? - Answer-Quality Control
What is the simplest type of scheduling? - Answer-
Calendar Scheduling
Which method of accounting is preferred by accountants
and contractors, and is the most accurate? - Answer-
Accrual Method
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Which form needs to be completed within 3 days of hire to
verify the identity and employment authorization of
individuals? - Answer-I-9
Which form lets you know how much income tax to
withhold from employees' wages? - Answer-W-4
What type of insurance is also called defense coverage? -
Answer-Liability Insurance
What is a performance bond? - Answer-Assures that the
contractor will complete a contract within its time frame
and conditions
How long is a passing score on an examination valid for? -
Answer-1 Year
How many hours of approved prelicensure courses are
required for residential builders and residential
maintenance and alteration contractors? - Answer-60
Which act is a Michigan enacted act that prohibits
discrimination and has been amended approximately 20