answers 2025>2026
Depreciationvisvtakenvonvwhichvofvthevcompany'svassets?
a.vLoans
b.vCurrentvassets
c.vFixedvassets
d.vNonevofvthevabovev-vcorrectvanswers-
Cv...vExplanation:vDepreciationvisvcountedvfromvfixedvassets.
Avprivatevemployervwhovemploysv__vorvmorevpeoplevasvofvJulyv1,v2010,vmayvnotvhirevavnewvemplo
yeevunlessvthevemployervisvregisteredvwithvandvusesvavstatusvverificationvsystemvsuchvasvEv-
Verifyvtovverifyvthevfederalvlegalvworkingvstatusvofvanyvnewvemployee.
a.v5
b.v10
c.v15
d.v1v-vcorrectvanswers-
Cv...vExplanation:vAvprivatevemployervwhovemploysv15vorvmorevpeoplevasvofvJulyv1,v2010,vmayvnotv
hirevavnewvemployeevunlessvthevemployervisvregisteredvwithvandvusesvavstatusvverificationvsystemv
suchvasvEv-Verifyvtovverifyvthevfederalvlegalvworkingvstatusvofvanyvnewvemployee.
,Ifvavcontractorvdecidesvtovincreasevthevcontractvprice,vthevcontractor:
a.vShouldvgetvavloanvfromvthevbank
b.vMayvrequestvassistancevfromvthevsubcontractor
c.vAndvthevownervmustvagreevtovavwrittenvandvsignedvchangevorder
d.vShouldvrequestvthevbuildingvinspectorvtovrevisevthevspecificationsv-vcorrectvanswers-
Cv...vExplanation:vAvwrittenvandvsignedvchangevordervcanvallowvthevcontractorvtovchangevavcontract
vprice.
Ifvavsubcontractorvsignsvanvunconditionalvwaivervandvrelease,vthisvwouldvimplyvthatva:
a.vSubcontractorvcannotvaskvanythingvmorevofvthevowner
b.vOwnervcannotvaskvanythingvmorevofvthevsubcontractor
c.vSubcontractorvcannotvgetvanythingvfromvthevprime
d.vSubcontractorvcannotvaskvanythingvmorevofvthevprimev-vcorrectvanswers-
Av...vExplanation:vOncevthevsubcontractorvsignsvanvunconditionalvwaivervandvrelease,vthevsubcontr
actorvcannotvaskvanythingvmorevofvthevowner.
Anyvapplicantvwhovhasvbeenvdeniedvavlicensevtovpracticevonvthevbasisvofvcredentials,vorvfailurevtovp
assvavrequiredvexamination,vmayvsubmitvavrequestvforvagencyvreviewvtovthevexecutivevdirectorv___
_vfollowingvnotificationvofvthevdenialvofvavlicensevorvrefusalvtovrenewvorvreinstatevavlicense.
a.vWithinv10vdays
b.vWithinv20vdays
c.vWithinv30vdays
d.vWithinv60vdaysv-vcorrectvanswers-
5.vCv...vExplanation:vAnyvapplicantvwhovhasvbeenvdeniedvavlicensevtovpracticevonvthevbasisvofvcrede
ntials,vcharacter,vorvfailurevtovpassvavrequiredvexamination,vorvwhovhasvbeenvrefusedvrenewalvorvre
instatementvofvavlicensevtovpracticevonvthevbasisvthatvthevapplicantvdoesvnotvmeetvqualificationsvfo
rvcontinuedvlicensurevinvanyvoccupationvorvprofessionvundervthevjurisdictionvofvthevdivisionvmayvsu
bmitvavrequestvforvagencyvreviewvtovthevexecutivevdirectorvwithinv30vdaysvfollowingvnotificationvof
vthevdenialvofvavlicensevorvrefusalvtovrenewvorvreinstatevavlicense.
,Whatvshouldvavcontractorvdovifvaftervstartingvavhomevimprovementvprojectvthevcontractorvdiscove
rsvthatvthevdetailsvandvspecificationsvdovNOTvcorrectlyvshowvthevexistingvconstruction?
a.vStopvandvworkvonvavcorrection
b.vStopvthevjobvandvinformvthevownervorvhisvagent
c.vContinuevthevworkvifvvariationsvarevonlyvminor
d.vStopvthevjobvandvinformvthevBuildingvDepartmentv-vcorrectvanswers-
Bv...vExplanation:vAnyvdetailsvandvspecificationsvarevnotvrepresentedvcorrectlyvthenvitvisvthevcontra
ctor'svdutyvtovinformvthevownervorvhisvagent.
Keepingvgoodvaccountingvrecordsvisvimportantvfor:
a.vMaintainingvfinancialvstatements
b.vObtainingvfinancing
c.vEffectivevmanagement
d.vAllvofvthevabovev-vcorrectvanswers-
Dv...vExplanation:vEffectivevmanagement,vmaintainingvfinancialvstatementsvandvobtainingvpropervfi
nancingvarevallvthevresultvofvkeepingvgoodvaccountingvrecords.
8.vThevpromisevbyvavpartyvcalledvthevguarantorvtovmakevgoodvthevmistake,vdebt,vorvdefaultvofvanot
hervpartyvfoundvinvthevconstructionvcontractvlawvisvcalled:
a.vSurety
b.vGuarantee
c.vWarrantee
d.vAgreementv-vcorrectvanswers-Bv...vExplanation:vGuarantee.
9.vThevplansvandvspecificationsvofvavhomevimprovementvprojectvusuallyvdescribe:
a.vLayoutvsizes
b.vLiquidatedvdamages
c.vConsentvtovarbitrate
, d.vNeighborhoodvregulationsv-vcorrectvanswers-
9.vAv...vExplanation:vLayoutvsizesvarevusuallyvdescribedvinvplansvandvspecificationsvofvhomevimprov
ementvprojects.
ThevnumbervofvyearsvthatvanvemployervmustvkeepvrecordsvofvFUTAvandvothervfederalvtaxesvis:
a.v2vyears
b.v4vyears
c.v6vyears
d.v10vyearsv-vcorrectvanswers-
Bv...vExplanation:v4vyearsvisvthevamountvofvtimevanvemployervmustvkeepvrecordsvofvFUTAvandvotherv
federalvtaxes.
Page:v5-2
Whatvisvthevtermvforvavdetailedvcompilationvofvthevquantityvofveachvelementalvworkvitem?
a.vSummaryvsheet
b.vBidvinvitation
c.vTakeoff
d.vSpecificationv-vcorrectvanswers-
Cv...vExplanation:vEstimatorsvusevconstructionvblueprints,veithervmanuallyvorvelectronically,vandvst
artv"takingvoff"vquantitiesvofvitemsvtheyvwillvneedvfromvthosevblueprintsvinvordervtovpreparevpartvo
fvthevestimate.
Page:v6-3
Beforevbeginningvwork,vanvemployervorvcontractorvmustvinquirevwhethervasbestosvisvpresentvinvan
yvbuildingvconstructedvpriorvto:
a.v1990