BCN MIDTERM questions well
answered to pass
categories of construction - correct answer ✔✔ --general building construction
highway construction
heavy industrial construction
utilities construction
manufacturing vs. construction - correct answer ✔✔ --type of product (mass production vs.
custom built)
quality control and assurance
location and surrounding environment
complexity and combined efforts of crafts and trades
need for subcontractors
private sector - correct answer ✔✔ --expenditures of existing capital; direct loans from outside
creditors; sale of fixed assets; issuance of additional shares of stock; issuance of corporate
bonds; and endowments. responsible for approximately 78% construction spending
public sector - correct answer ✔✔ --appropriations from annual operating budgets (mainly from
taxes); special taxation assessments for specific purposes; bond issuance; and endowments
project development phases - correct answer ✔✔ --ideas/need
feasibility study
financing/acquiring location (real estate)
design
answered to pass
categories of construction - correct answer ✔✔ --general building construction
highway construction
heavy industrial construction
utilities construction
manufacturing vs. construction - correct answer ✔✔ --type of product (mass production vs.
custom built)
quality control and assurance
location and surrounding environment
complexity and combined efforts of crafts and trades
need for subcontractors
private sector - correct answer ✔✔ --expenditures of existing capital; direct loans from outside
creditors; sale of fixed assets; issuance of additional shares of stock; issuance of corporate
bonds; and endowments. responsible for approximately 78% construction spending
public sector - correct answer ✔✔ --appropriations from annual operating budgets (mainly from
taxes); special taxation assessments for specific purposes; bond issuance; and endowments
project development phases - correct answer ✔✔ --ideas/need
feasibility study
financing/acquiring location (real estate)
design
