COMMERCIAL CONTRACTOR PRACTICE EXAM
QUESTIONS & CORRECT ANSWERS UPDATED 2025/
2026.
Terms in this set (112)
An employee earns $12.50 C.$693.75
per hour. What is the gross
pay of this non-exempt
employee who works 45
hours during a holiday week,
and receives 8 hours
additional pay for the
holiday? A.$562.50
B.$662.50
C.$693.75
D.$743.75
,Which of the following A.The business, or any part of it, can be sold,
statements about a sole altered, or exchanged at will.
proprietorship is TRUE?
A. The business, or
anypart of it, can be sold,
altered, or exchanged at will.
B. The business will
survivethe death of the
owner.
C. It provides the
ownerwith limited liability
for debts and actions of the
business
D. The business is
notsubject to Federal income
tax.
,What is the name of the A.Partnering
process when a facilitator
meets with the major
participants in a project,
prior to the
commencement of the
project, to identify the
shared goals of all
participants?
A. Partnering
B. Arbitration
C. Mediation
D. Claims resolution
How much is an employer D.$1530
who withheld employee
Medicare and Social
Security taxes or $765
REQUIRED to send to the
IRS?
A. $145
B. $620
C. $765
D. $1,530
, Records of an employee's D.30 years
exposure to hazardous
materials MUST be kept a
MINIMUM of how many
years?
A. 3 years
B. 7 years
C. 15 years
D. 30 years
What can be determined by A.The total resource demand for a project at any
given time.
summing the project
activities into an overall
schedule?
A. The total resource
demand for a project at
any given time.
B.The total amount that the
company will earn from the
job.
C.The total insurance needs
of the company.
D.The total man-hours
needed for all projects.
QUESTIONS & CORRECT ANSWERS UPDATED 2025/
2026.
Terms in this set (112)
An employee earns $12.50 C.$693.75
per hour. What is the gross
pay of this non-exempt
employee who works 45
hours during a holiday week,
and receives 8 hours
additional pay for the
holiday? A.$562.50
B.$662.50
C.$693.75
D.$743.75
,Which of the following A.The business, or any part of it, can be sold,
statements about a sole altered, or exchanged at will.
proprietorship is TRUE?
A. The business, or
anypart of it, can be sold,
altered, or exchanged at will.
B. The business will
survivethe death of the
owner.
C. It provides the
ownerwith limited liability
for debts and actions of the
business
D. The business is
notsubject to Federal income
tax.
,What is the name of the A.Partnering
process when a facilitator
meets with the major
participants in a project,
prior to the
commencement of the
project, to identify the
shared goals of all
participants?
A. Partnering
B. Arbitration
C. Mediation
D. Claims resolution
How much is an employer D.$1530
who withheld employee
Medicare and Social
Security taxes or $765
REQUIRED to send to the
IRS?
A. $145
B. $620
C. $765
D. $1,530
, Records of an employee's D.30 years
exposure to hazardous
materials MUST be kept a
MINIMUM of how many
years?
A. 3 years
B. 7 years
C. 15 years
D. 30 years
What can be determined by A.The total resource demand for a project at any
given time.
summing the project
activities into an overall
schedule?
A. The total resource
demand for a project at
any given time.
B.The total amount that the
company will earn from the
job.
C.The total insurance needs
of the company.
D.The total man-hours
needed for all projects.
