CONTRACTORS LICENSE IN ARIZONA
EXAM QUESTIONS WITH CORRECT
SOLUTIONS||100% GUARANTEED
PASS||UPDATED 2026/2027
SYLLABUS||ALREADY A+
GRADED||<<RECENT VERSION>>
what is the equation for the balance sheet - ANSWER ✓ assets= liabilities+owners
equity
performance bond - ANSWER ✓ guarantees that the contractor will complete a
contract within its time frame and conditions
what is the equation for the working capital - ANSWER ✓ current assets -
currents liabilities =working capital
how long is the register of a trade name effective for - ANSWER ✓ 5 years
how many days do you have to answer a complaint?
what happens if you don't reply - ANSWER ✓ you have 10 days to reply.
if you don't reply your license will be suspended or revoked
how long are az license valid for - ANSWER ✓ 2 years
how many employees do you need to have an emergency action plan - ANSWER
✓ more than 10 employees and it must be in writing
how many employees must you have in order to get works comp?? - ANSWER ✓
1 or more
if death occurs at work how many hours do you have to notify osha - ANSWER
✓ within 8 hours
, who is responsible for the material safety data sheets for hazardous materials -
ANSWER ✓ the manufacturer or the importer
what are the license categories - ANSWER ✓ residential commercial dual
registration of trademark is effective for how many years - ANSWER ✓ 10 years
complaints against contractors are kept on public record for how many years -
ANSWER ✓ 2 years
to renew a license the applicant shall? - ANSWER ✓ provide name and address,
current privileged licensce number , and proof that the applicant has complied with
status and rules
what is osha form 301 - ANSWER ✓ its an individual incident report
what is osha form 300 a - ANSWER ✓ a summery of the previous years work
related injuries
what is osha form 300 - ANSWER ✓ its an injury/ illness log
how long must osha record be kept for - ANSWER ✓ 5 years
applicant must advise registrar of any changes to the info such as change in
address in how many days - ANSWER ✓ 30 days
changes prior to the contract awarded are called - ANSWER ✓ addenda
what is an addendum - ANSWER ✓ its when changes are made to the bid
package before it is due
how many weeks can you take off with the family medical leave act - ANSWER
✓ you can take up to 12 weeks, and you cant loose your job
what form is used to report and pay quarterly unemployment taxes - ANSWER ✓
form uc-18
EXAM QUESTIONS WITH CORRECT
SOLUTIONS||100% GUARANTEED
PASS||UPDATED 2026/2027
SYLLABUS||ALREADY A+
GRADED||<<RECENT VERSION>>
what is the equation for the balance sheet - ANSWER ✓ assets= liabilities+owners
equity
performance bond - ANSWER ✓ guarantees that the contractor will complete a
contract within its time frame and conditions
what is the equation for the working capital - ANSWER ✓ current assets -
currents liabilities =working capital
how long is the register of a trade name effective for - ANSWER ✓ 5 years
how many days do you have to answer a complaint?
what happens if you don't reply - ANSWER ✓ you have 10 days to reply.
if you don't reply your license will be suspended or revoked
how long are az license valid for - ANSWER ✓ 2 years
how many employees do you need to have an emergency action plan - ANSWER
✓ more than 10 employees and it must be in writing
how many employees must you have in order to get works comp?? - ANSWER ✓
1 or more
if death occurs at work how many hours do you have to notify osha - ANSWER
✓ within 8 hours
, who is responsible for the material safety data sheets for hazardous materials -
ANSWER ✓ the manufacturer or the importer
what are the license categories - ANSWER ✓ residential commercial dual
registration of trademark is effective for how many years - ANSWER ✓ 10 years
complaints against contractors are kept on public record for how many years -
ANSWER ✓ 2 years
to renew a license the applicant shall? - ANSWER ✓ provide name and address,
current privileged licensce number , and proof that the applicant has complied with
status and rules
what is osha form 301 - ANSWER ✓ its an individual incident report
what is osha form 300 a - ANSWER ✓ a summery of the previous years work
related injuries
what is osha form 300 - ANSWER ✓ its an injury/ illness log
how long must osha record be kept for - ANSWER ✓ 5 years
applicant must advise registrar of any changes to the info such as change in
address in how many days - ANSWER ✓ 30 days
changes prior to the contract awarded are called - ANSWER ✓ addenda
what is an addendum - ANSWER ✓ its when changes are made to the bid
package before it is due
how many weeks can you take off with the family medical leave act - ANSWER
✓ you can take up to 12 weeks, and you cant loose your job
what form is used to report and pay quarterly unemployment taxes - ANSWER ✓
form uc-18
