1|Page
NASCLA Business, Law and Project Management
(Basic) - Practice Test 2 2025 | certified exam
with answers
A _____ estimate is based on cost models from previous projects.
A. Square-foot method
B. Cost plus method
C. Conceptual
D. Unit price method - Correct-answer-C. Conceptual
6-7
Generally, _____ tax is not a business tax.
A. Income
B. Self-employment
C. Employment
D. Property - Correct-answer-D. Property
,2|Page
14-1
_____ is (are) NOT a good guideline for a job description.
A. Skills and knowledge needed
B. Certificates
C. Responsibility
D. Insurances - Correct-answer-D. Insurances
10-10
The management team for a Limited Partnership consists of _____.
A. General partners
B. Board of directors
C. Owner
D. Manager - Correct-answer-A. General partners
2-2
, 3|Page
The penalty for late tax deposits between 1-5 days is _____.
A. 2%
B. 100%
C. 5%
D. 10% - Correct-answer-A. 2%
14-5
_____ is the type of insurance one would purchase for tools.
A. GLC
B. Builders risk
C. D and O
D. Equipment theft - Correct-answer-D. Equipment theft
3-3
A contractor pays a workers' compensation rate of $0.10 per $100 of office
employee payroll, $2.00 per $100 office employee payroll, and $0.36 per $100 of
field employee payroll. Total office employee payroll for the year is $35,000. Total
field supervisor payroll is $58,000. Total field employee payroll is $325,000. The
NASCLA Business, Law and Project Management
(Basic) - Practice Test 2 2025 | certified exam
with answers
A _____ estimate is based on cost models from previous projects.
A. Square-foot method
B. Cost plus method
C. Conceptual
D. Unit price method - Correct-answer-C. Conceptual
6-7
Generally, _____ tax is not a business tax.
A. Income
B. Self-employment
C. Employment
D. Property - Correct-answer-D. Property
,2|Page
14-1
_____ is (are) NOT a good guideline for a job description.
A. Skills and knowledge needed
B. Certificates
C. Responsibility
D. Insurances - Correct-answer-D. Insurances
10-10
The management team for a Limited Partnership consists of _____.
A. General partners
B. Board of directors
C. Owner
D. Manager - Correct-answer-A. General partners
2-2
, 3|Page
The penalty for late tax deposits between 1-5 days is _____.
A. 2%
B. 100%
C. 5%
D. 10% - Correct-answer-A. 2%
14-5
_____ is the type of insurance one would purchase for tools.
A. GLC
B. Builders risk
C. D and O
D. Equipment theft - Correct-answer-D. Equipment theft
3-3
A contractor pays a workers' compensation rate of $0.10 per $100 of office
employee payroll, $2.00 per $100 office employee payroll, and $0.36 per $100 of
field employee payroll. Total office employee payroll for the year is $35,000. Total
field supervisor payroll is $58,000. Total field employee payroll is $325,000. The
