100 Practice Questions for the Florida
Contractors Manual | Comprehensive Questions
and Answers Latest Updated 2026 With 100%
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Terms in this set (91)
A properly registered fictitious D. 5 years
name is valid for ________________ 1-15
A. 1 year
B. 2 years
C. 3 years
D. 5 years
Which of the following would have D. U.S Army Corps of Engineers
jurisdiction over dredging or 1-16
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
,The name of the form which is used B. DR-1
to apply for sales tax is? 1-21
A. W2
B. DR-1
C. S1
D. W4
Which of the following is NOT true C. If a change of ownership occurs, the owner(s)
about a fictitious name registration? of record must file a cancellation and registration
within 45 days of filing,
A. Valid for 5 years. 1-15
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.
,Three partners, Noah, Evan & D. More than $110,000
Steven form a partnership. Noah 1-12
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
If the above partnership were A. $60,000
dissolved, showing a net loss of 1-13
$60,000, how much would Noah
owe?
A. $60,000
B. $4,666
C. $20,000
D. $0.00
According to the Contractor's A. 3 months to a year
Manual, starting capital should be 1-17
enough to cover living expenses for
between which of the following?
A. 3 months to a year
B. 6 months to a year
C. 9 months to a year
D. at least a year
, A Partnership will be dissolved if D. A and C 1-29
which of the following applies? 1-29
A. UnlawfuI Activity
B. Failing to have a primary
qualifying agent
C. A court decree under the
partnership act
D. A and C 1-29
Which of the following is NOT C. In a limited partnership the limited partners
characteristic about a General and have no management responsibility.
Limited Partnership? 1-12
A. The limited partnership has two
types of partners; a partnership
only one.
B. The general partners of a limited
partnership have limited personal
liability; the partners of a
partnership do not.
C. In a limited partnership the
limited partners have no
management responsibility.
D. The general partner has joint and
several liability; the limited partner
does not
Contractors Manual | Comprehensive Questions
and Answers Latest Updated 2026 With 100%
Verified Solutions
Save
Terms in this set (91)
A properly registered fictitious D. 5 years
name is valid for ________________ 1-15
A. 1 year
B. 2 years
C. 3 years
D. 5 years
Which of the following would have D. U.S Army Corps of Engineers
jurisdiction over dredging or 1-16
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
,The name of the form which is used B. DR-1
to apply for sales tax is? 1-21
A. W2
B. DR-1
C. S1
D. W4
Which of the following is NOT true C. If a change of ownership occurs, the owner(s)
about a fictitious name registration? of record must file a cancellation and registration
within 45 days of filing,
A. Valid for 5 years. 1-15
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.
,Three partners, Noah, Evan & D. More than $110,000
Steven form a partnership. Noah 1-12
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
If the above partnership were A. $60,000
dissolved, showing a net loss of 1-13
$60,000, how much would Noah
owe?
A. $60,000
B. $4,666
C. $20,000
D. $0.00
According to the Contractor's A. 3 months to a year
Manual, starting capital should be 1-17
enough to cover living expenses for
between which of the following?
A. 3 months to a year
B. 6 months to a year
C. 9 months to a year
D. at least a year
, A Partnership will be dissolved if D. A and C 1-29
which of the following applies? 1-29
A. UnlawfuI Activity
B. Failing to have a primary
qualifying agent
C. A court decree under the
partnership act
D. A and C 1-29
Which of the following is NOT C. In a limited partnership the limited partners
characteristic about a General and have no management responsibility.
Limited Partnership? 1-12
A. The limited partnership has two
types of partners; a partnership
only one.
B. The general partners of a limited
partnership have limited personal
liability; the partners of a
partnership do not.
C. In a limited partnership the
limited partners have no
management responsibility.
D. The general partner has joint and
several liability; the limited partner
does not
