NASCLA Business, Law and Project Management (Basic) - Practice
Test 2 Questions With Complete Solutions
The _____ method recognizes income when the D. Force majeure - ANSWER -A.
employer has done the work but has not Indemnification
received the income.
7-4
A. Accrual
B. Appreciation
C. Depreciation
D. Cash - ANSWER -A. Accrual An Emergency Action plan should include _____.
13-7 A. Student's name
B. Employer's name
C. Administrator's name
D. Next of kin - ANSWER -C.
A _____ bundles all cost factors for entire task. Administrator's Name
A. Lump sum 11-3
B. Cost plus
C. Percent completion method
D. Unit price method - ANSWER -D. Unit
price method The MSDS provides for two main purposes: one
purpose is product information; the other purpose
6-7 is _____ information.
A. Substance
B. Chemical
_____ requires paying prevailing wages in C. Sequence of activities
federally-financed projects. D. Emergency contact - ANSWER -D.
Emergency contact
A. Service Contract Act
B. Walsh-Healey Act 11-6
C. Wage Garnishment Law
D. Davis-Bacon Act - ANSWER -D. Davis-
Bacon Act
Having adequate technology strengths can NOT
10-7 help an organization with _____.
A. Estimating
B. Purchasing
_____ absolves the indemnified party from any C. Scheduling
payment for losses and damages incurred by a D. Vacationing - ANSWER -D. Vacationing
third party.
4-2
A. Indemnification
B. Delays and extensions of time
C. Schedule acceleration
, NASCLA Business, Law and Project Management (Basic) - Practice
Test 2 Questions With Complete Solutions
_____ is an exclusion to an advantage of a sole
proprietor.
A. Limited personal responsibility _____ is relatively unimportant when naming a
B. Low startup costs business.
C. Ownership of profits
D. Decision making freedom - ANSWER - A. Impression of firm
A. Limited personal responsibility B. Trademark
C. Service
2-2 D. Location - ANSWER -D. Location
2-6
A _____ bond guarantees that the contractor has
paid the subcontractor.
Technical specifications generally organized by
A. Bid _____ MasterFormat classification.
B. Performance
C. Payment A. AIA
D. Maintenance - ANSWER -C. Payment B. EIE
C. EEE
3-7 D. CSI - ANSWER -D. CSI
7-9
_____ determine the type of materials or
methods used.
A _____ does NOT establish an employee's
A. Specifications eligibility to legally work in the United States.
B. Building codes
C. References A. U.S. Passport
D. UL - ANSWER -A. Specifications B. Social Security card
C. Certificate of Naturalization
6-2 D. Driver's License - ANSWER -D. Driver's
License
10-13
_____ pays a worker when he or she is laid off.
A. Worker's compensation
B. Unemployment If you are honest with a customer, _____ can
C. COBRA become realistic.
D. HIPAA - ANSWER -B. Unemployment
A. Disappointment
3-5 B. Expectations
Test 2 Questions With Complete Solutions
The _____ method recognizes income when the D. Force majeure - ANSWER -A.
employer has done the work but has not Indemnification
received the income.
7-4
A. Accrual
B. Appreciation
C. Depreciation
D. Cash - ANSWER -A. Accrual An Emergency Action plan should include _____.
13-7 A. Student's name
B. Employer's name
C. Administrator's name
D. Next of kin - ANSWER -C.
A _____ bundles all cost factors for entire task. Administrator's Name
A. Lump sum 11-3
B. Cost plus
C. Percent completion method
D. Unit price method - ANSWER -D. Unit
price method The MSDS provides for two main purposes: one
purpose is product information; the other purpose
6-7 is _____ information.
A. Substance
B. Chemical
_____ requires paying prevailing wages in C. Sequence of activities
federally-financed projects. D. Emergency contact - ANSWER -D.
Emergency contact
A. Service Contract Act
B. Walsh-Healey Act 11-6
C. Wage Garnishment Law
D. Davis-Bacon Act - ANSWER -D. Davis-
Bacon Act
Having adequate technology strengths can NOT
10-7 help an organization with _____.
A. Estimating
B. Purchasing
_____ absolves the indemnified party from any C. Scheduling
payment for losses and damages incurred by a D. Vacationing - ANSWER -D. Vacationing
third party.
4-2
A. Indemnification
B. Delays and extensions of time
C. Schedule acceleration
, NASCLA Business, Law and Project Management (Basic) - Practice
Test 2 Questions With Complete Solutions
_____ is an exclusion to an advantage of a sole
proprietor.
A. Limited personal responsibility _____ is relatively unimportant when naming a
B. Low startup costs business.
C. Ownership of profits
D. Decision making freedom - ANSWER - A. Impression of firm
A. Limited personal responsibility B. Trademark
C. Service
2-2 D. Location - ANSWER -D. Location
2-6
A _____ bond guarantees that the contractor has
paid the subcontractor.
Technical specifications generally organized by
A. Bid _____ MasterFormat classification.
B. Performance
C. Payment A. AIA
D. Maintenance - ANSWER -C. Payment B. EIE
C. EEE
3-7 D. CSI - ANSWER -D. CSI
7-9
_____ determine the type of materials or
methods used.
A _____ does NOT establish an employee's
A. Specifications eligibility to legally work in the United States.
B. Building codes
C. References A. U.S. Passport
D. UL - ANSWER -A. Specifications B. Social Security card
C. Certificate of Naturalization
6-2 D. Driver's License - ANSWER -D. Driver's
License
10-13
_____ pays a worker when he or she is laid off.
A. Worker's compensation
B. Unemployment If you are honest with a customer, _____ can
C. COBRA become realistic.
D. HIPAA - ANSWER -B. Unemployment
A. Disappointment
3-5 B. Expectations
