NASCLA Business, Law and Project
Management (Basic) Practice
Comprehensive Study Guide – Expert
Strategies, Review of Key Quizzes, and
Practice Questions for Guaranteed Success
Terms in this set (50)
The _____ method A. Accrual
recognizes income when the
employer has done the work 13-7
but has not received the
income.
A. Accrual
B. Appreciation
C. Depreciation
D. Cash
A _____ bundles all cost D. Unit price method
factors for entire task.
6-7
A. Lump sum
B. Cost plus
C. Percent completion
method
D. Unit price method
_____ requires paying D. Davis-Bacon Act
prevailing wages in federally-
financed projects. 10-7
A. Service Contract Act
B. Walsh-Healey Act
C. Wage Garnishment Law
D. Davis-Bacon Act
, _____ absolves the A. Indemnification
indemnified party from any
payment for losses and 7-4
damages incurred by a third
party.
A. Indemnification
B. Delays and extensions of
time
C. Schedule acceleration
D. Force majeure
An Emergency Action plan C. Administrator's Name
should include _____.
11-3
A. Student's name
B. Employer's name
C. Administrator's name
D. Next of kin
The MSDS provides for two D. Emergency contact
main purposes: one purpose
is product information; the 11-6
other purpose is _____
information.
A. Substance
B. Chemical
C. Sequence of activities
D. Emergency contact
Having adequate D. Vacationing
technology strengths can
NOT help an organization 4-2
with _____.
A. Estimating
B. Purchasing
C. Scheduling
D. Vacationing
_____ is an exclusion to an A. Limited personal responsibility
advantage of a sole
proprietor. 2-2
A. Limited
personal
responsibility B.
Management (Basic) Practice
Comprehensive Study Guide – Expert
Strategies, Review of Key Quizzes, and
Practice Questions for Guaranteed Success
Terms in this set (50)
The _____ method A. Accrual
recognizes income when the
employer has done the work 13-7
but has not received the
income.
A. Accrual
B. Appreciation
C. Depreciation
D. Cash
A _____ bundles all cost D. Unit price method
factors for entire task.
6-7
A. Lump sum
B. Cost plus
C. Percent completion
method
D. Unit price method
_____ requires paying D. Davis-Bacon Act
prevailing wages in federally-
financed projects. 10-7
A. Service Contract Act
B. Walsh-Healey Act
C. Wage Garnishment Law
D. Davis-Bacon Act
, _____ absolves the A. Indemnification
indemnified party from any
payment for losses and 7-4
damages incurred by a third
party.
A. Indemnification
B. Delays and extensions of
time
C. Schedule acceleration
D. Force majeure
An Emergency Action plan C. Administrator's Name
should include _____.
11-3
A. Student's name
B. Employer's name
C. Administrator's name
D. Next of kin
The MSDS provides for two D. Emergency contact
main purposes: one purpose
is product information; the 11-6
other purpose is _____
information.
A. Substance
B. Chemical
C. Sequence of activities
D. Emergency contact
Having adequate D. Vacationing
technology strengths can
NOT help an organization 4-2
with _____.
A. Estimating
B. Purchasing
C. Scheduling
D. Vacationing
_____ is an exclusion to an A. Limited personal responsibility
advantage of a sole
proprietor. 2-2
A. Limited
personal
responsibility B.
