NASCLA Contractors Guide Arkansas 5th
edition
2 - ANS-How many members of the board are consumers?
right to work - ANS-what laws secure the right of employees to decide if they wish to
support or join a union?
Consideration - ANS-__________ is anything of value
Social Security Card - ANS-which of the following establishes an employee's eligibility to
leagally work in the united states?
foul language - ANS-which of the following should not be tolerated at a job site?
2 - ANS-enployers engage in building repair work with __________or more employees
are required to carry workers compensation
15,896 (112,000 X 2.9=3,248 (total medicare) 102,000 X 12.4=12,648 (total social
security) 12,648+3,248=15,896 - ANS-If an employee earns 112,000 per year, what is
the total amount of FICA to be paid in?
material consumption - ANS-which of the following iteams are not added after
estimating materials and labor?
open a check account - ANS-which is not a purpose of marketing
Drivers License - ANS-which of the following establishes an employee's identity to
leagally work in the United States?
1/3 (chapter 14-7) - ANS-What is the return on total assets if there is a net profit (after
taxes) or 16,000 and total assets of $48,000?
Form of Agreement - ANS-all of the following are part of bid documents, Bid form ,
invitation to Bid, and Addenda except
W4 - ANS-Which of the following is not used to pay taxes
, ordinary income - ANS-A sole proprietor is taxed on _______?
2 - ANS-How many years have to pass when a license expires to be determined nil?
injured from work - ANS-The purpose of workers compensation is to allow for monetary
compensation when an employee is?
Force majeure - ANS-_________ is a provision written into contract that is used to limit
risk in case of labor strikes?
1/2 - ANS-New applications for licensure must have______the net worth?
11 - ANS-An EAP is required for to be in writting for ______ employees or more?
940 - ANS-What form is used to report FUTA taxes?
signed change order is not required - ANS-When handling change order, one should
always do the following except?(invoice change order work immediately, included
complimentary work done without charge, show labor and quantity details)
January 31 - ANS-State umemployment tax reports are dueby ____?
property tax - ANS-Generally, which of the following is not a business tax? (
employment tax, self- employment tax, income tax are)
4/1 ( chapter 14-6 ) - ANS-What is a quick ratio (or acid test ratio) for company that
hascurrent assets of $28,000, inventory of $4,000, and current liabilities of $6,000?
General Partners - ANS-A management team for a limited partnership consists of?
income statement - ANS-What type of financial statement is used to establish revenues
and expenses over a period of time?
project manager - ANS-Which of the following is not a member of the supervisory team?
$100 - ANS-How much will a license pay if they file a renewal within 30 days after
expiration?
edition
2 - ANS-How many members of the board are consumers?
right to work - ANS-what laws secure the right of employees to decide if they wish to
support or join a union?
Consideration - ANS-__________ is anything of value
Social Security Card - ANS-which of the following establishes an employee's eligibility to
leagally work in the united states?
foul language - ANS-which of the following should not be tolerated at a job site?
2 - ANS-enployers engage in building repair work with __________or more employees
are required to carry workers compensation
15,896 (112,000 X 2.9=3,248 (total medicare) 102,000 X 12.4=12,648 (total social
security) 12,648+3,248=15,896 - ANS-If an employee earns 112,000 per year, what is
the total amount of FICA to be paid in?
material consumption - ANS-which of the following iteams are not added after
estimating materials and labor?
open a check account - ANS-which is not a purpose of marketing
Drivers License - ANS-which of the following establishes an employee's identity to
leagally work in the United States?
1/3 (chapter 14-7) - ANS-What is the return on total assets if there is a net profit (after
taxes) or 16,000 and total assets of $48,000?
Form of Agreement - ANS-all of the following are part of bid documents, Bid form ,
invitation to Bid, and Addenda except
W4 - ANS-Which of the following is not used to pay taxes
, ordinary income - ANS-A sole proprietor is taxed on _______?
2 - ANS-How many years have to pass when a license expires to be determined nil?
injured from work - ANS-The purpose of workers compensation is to allow for monetary
compensation when an employee is?
Force majeure - ANS-_________ is a provision written into contract that is used to limit
risk in case of labor strikes?
1/2 - ANS-New applications for licensure must have______the net worth?
11 - ANS-An EAP is required for to be in writting for ______ employees or more?
940 - ANS-What form is used to report FUTA taxes?
signed change order is not required - ANS-When handling change order, one should
always do the following except?(invoice change order work immediately, included
complimentary work done without charge, show labor and quantity details)
January 31 - ANS-State umemployment tax reports are dueby ____?
property tax - ANS-Generally, which of the following is not a business tax? (
employment tax, self- employment tax, income tax are)
4/1 ( chapter 14-6 ) - ANS-What is a quick ratio (or acid test ratio) for company that
hascurrent assets of $28,000, inventory of $4,000, and current liabilities of $6,000?
General Partners - ANS-A management team for a limited partnership consists of?
income statement - ANS-What type of financial statement is used to establish revenues
and expenses over a period of time?
project manager - ANS-Which of the following is not a member of the supervisory team?
$100 - ANS-How much will a license pay if they file a renewal within 30 days after
expiration?
