NASCLA PSI EXAM PRACTICE
QUESTIONS WITH 100% CORRECT
ANSWERS LATEST VERSION 2025/2026.
FOB freight prepaid requires __________ to pay for shipping charges - ANS Seller 14-12
Which of the following is not a member of the supervisory team? - ANS Project manager 9-7
__________ scheduling consists of dates, delivery dates, payment schedule and vacations. It is a
simplified method. - ANS Calendar 9-3
When working in dwelling that was built prior to 1978, the employer is to provide each
occupant with a pamphlet title _________? - ANS Protect your family from lead in your home
12-14
You have ___________ days from the completion of a commercial structure or commercial
construction project to file a lien claim form. - ANS 90 16-2
A lump sum contract on a project has a total contact price of $260,000. Retainage has been held
back at 10%. The contractor has received progress payments for 75% of the project. The
contractor submit a request for final payment should be for? - ANS More than $80,000
$260,000 * .35= $91,000
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, Which of the following is not a key characteristic of a sole proprietor ship? - ANS Business
expenses and personal income are not separated. 2-1
What is the quick ratio or or acid test ratio for a company that has current assets of $28,000,
inventory of $4000, and current liabilities of $6000? - ANS 4/1 14-7
An EAP is required to be in writing for______employees or more. - ANS 11 12-3
Who pays into FUTA? - ANS Employer 15-5
What is the purpose of just in time deliveries? - ANS Profit high and vandalism low. 9-9
Ethics has to do with all but which of the following? - ANS Lying to the customer. 5-2
Which of the following is not a reward for owning a enterprise? - ANS Managing cash flow 1-
1
Which of the following is not covered under the ADA? - ANS Paper cut. 11-7
A job estimated to cost $1 million. However, two companies have a Of $500,000. They can
legally do this job if they___? - ANS Joint venture. 2-6
The standard make up in the construction industry is? - ANS 15%. 7-7
Which is not an advantage of a partnership? - ANS Multiple decision makers. 2-2
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
QUESTIONS WITH 100% CORRECT
ANSWERS LATEST VERSION 2025/2026.
FOB freight prepaid requires __________ to pay for shipping charges - ANS Seller 14-12
Which of the following is not a member of the supervisory team? - ANS Project manager 9-7
__________ scheduling consists of dates, delivery dates, payment schedule and vacations. It is a
simplified method. - ANS Calendar 9-3
When working in dwelling that was built prior to 1978, the employer is to provide each
occupant with a pamphlet title _________? - ANS Protect your family from lead in your home
12-14
You have ___________ days from the completion of a commercial structure or commercial
construction project to file a lien claim form. - ANS 90 16-2
A lump sum contract on a project has a total contact price of $260,000. Retainage has been held
back at 10%. The contractor has received progress payments for 75% of the project. The
contractor submit a request for final payment should be for? - ANS More than $80,000
$260,000 * .35= $91,000
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, Which of the following is not a key characteristic of a sole proprietor ship? - ANS Business
expenses and personal income are not separated. 2-1
What is the quick ratio or or acid test ratio for a company that has current assets of $28,000,
inventory of $4000, and current liabilities of $6000? - ANS 4/1 14-7
An EAP is required to be in writing for______employees or more. - ANS 11 12-3
Who pays into FUTA? - ANS Employer 15-5
What is the purpose of just in time deliveries? - ANS Profit high and vandalism low. 9-9
Ethics has to do with all but which of the following? - ANS Lying to the customer. 5-2
Which of the following is not a reward for owning a enterprise? - ANS Managing cash flow 1-
1
Which of the following is not covered under the ADA? - ANS Paper cut. 11-7
A job estimated to cost $1 million. However, two companies have a Of $500,000. They can
legally do this job if they___? - ANS Joint venture. 2-6
The standard make up in the construction industry is? - ANS 15%. 7-7
Which is not an advantage of a partnership? - ANS Multiple decision makers. 2-2
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
