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CMS Survey High-Scoring Student Exam Bundle | Solved Papers, Marking Tips, and Smart Study Tools for Top Results

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CMS Survey High-Scoring Student Exam Bundle | Solved Papers, Marking Tips, and Smart Study Tools for Top Results

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CMS Survey
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CMS Survey

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CMS Survey
High-Scoring Student Exam Bundle | Solved Papers, Marking Tips, and Smart
Study Tools for Top Results
You have _____ days to replace a qualified employee.

a. 10

b. 30

c. 60

d. 90 - 30



Which of the following is included in company overhead?

a.Advertising

b. Equipment

c. Project Payroll

d. Supervisor salary - Advertising



A quorum shall consist of _____ members of the Nevada State Contractors Board.

a. 3

b. 4

c. 5

d. 7 - 4



A death must be reported to OSHA within ______.

a. 1 hour

b. 8 hours

c. 24 hours

d. 3 days - 8 hours

,What summarizes profit making activities over a specific period of time?

a. Profit & Loss schedule

b. Critical Path schedule

c. Cash Disbursement Schedule

d. Cash Flow Schedule - Profit & Loss schedule



What a general building contractor does not need to tell a customer with they have a contract?

a. names of his sub contractors

b. names of material suppliers

c. answers a &b are correct

d. names of individual laborers on the project - names of individual laborers on the project



The disadvantage of cash basis accounting versus accrual basis accounting is what?

a. the cash basis will show what had been collected and paid out, but not what has been earned

b. nothing

c. the cash basis is easiest form to maintain

d. cash basis records income when money is recieved - the cash basis will show what had been
collected and paid out, but not what has been earned



The term week week in the FLSA is defined as what?

a. 40 hours

b. 168 hours

c. whatever the employer sets it as

d. any of the above - 168 hours

, Youths age _____ may perform any nonhazardous job, for unlimited hours.

a. 18

b. 19

c. 20

d. 16 and 17 - 16 and 17



Violators of child labor law provisions are subject to civil penalty of up to ______ each employee
subject to violation?

a. $11,000

b. $1,000

c. $5,000

d. $70,000 - $11,000



The simplest form o business organization is:

a. sole prop.

b. partnership

c. corporation

d. LLC - sole prop.



According to the FLSA, a workweek is a period of ____ hours.

a. 40

b. 24

c. 8

d. 168 - 168



After your employee makes _____ in one year, you stop deducting FUTA.

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CMS Survey

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