Science Engineering Civil Engineering
AFSB 152 - Complete Practice Exam
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AFSB 152 AFSB 152 AFSB 152 Qs I missed First Time AFSB 15
135 terms 100 terms 66 terms 139 term
alexandra_rentschler Preview n0271221 Preview Sam_Folger Preview mal
Clark Construction was hired as the general contractor Each subcontractor for completing its part of the project.
for a large residential housing development. The general 3 multiple choice options
contractor must coordinate the work of
The party that directly benefits from the additional Project owner.
security of knowing that the contractor has satisfied the 3 multiple choice options
surety's comprehensive prequalification review is the
Hadley Construction operates as a general building Commercial, industrial, residential, and public work.
contractor. General building contractors engage in
3 multiple choice options
general building construction, which can be broken
down into
Which one of the following describes what happens if The project owner must pay additional money to the contractor in the form of
there are gaps or omissions in the construction plans and change orders during the course of construction.
specifications when they are offered in the competitive
3 multiple choice options
bid process, and they are discovered after the
construction begins?
The practice in which a contractor bills the project owner Front-loading.
more than its cost for items that occur in the early phases 3 multiple choice options
of the contract and then bills correspondingly less for
items that occur in later phases is called
An assurance that results from the performance bond The significant financial assurance, beyond the contractor's financial resources,
guarantee and benefits the construction-project owner is that the contractor will fulfill all contract terms.
3 multiple choice options
, In construction contracts, the critical path method Ensures that work is completed in a logical sequence and that the project is
completed within the time budget specified in the contract terms.
2 multiple choice options
Ridge Construction constructs locks and dams, power General engineering contractor.
plants, large bridges, sewage and water treatment plants, 3 multiple choice options
utilities, and similar projects. Ridge Construction is a
To prevent problems when contracting work outside of Recruit local help or acquire a joint-venture partner to facilitate the project.
the contractor's usual geographic area, the contractor 3 multiple choice options
may need to
Payments to the general contractor are usually made Each month, after the architect reviews and certifies the requests for payment.
3 multiple choice options
One can find the responsibilities of all parties to a The construction contract
construction project in which one of the following 3 multiple choice options
documents?
Which one of the following statements is correct A design/build contractor assumes much greater responsibility than traditional
regarding design/build contractors? contractors.
3 multiple choice options
The increased availability of better financing or terms Project owner.
than would otherwise have been received in the absence 3 multiple choice options
of a surety bond is a benefit to the
Star Roofing has been asked to be a subcontractor for A subcontractor may offer a better price to contractor A based on a better
two different contractors (Contractor A and Contractor B) experience with its payment policies, quality of supervision, and job coordination
who are bidding on the same job. Which one of the compared with its experience with contractor B.
following explains a reason that Star Roofing might offer
3 multiple choice options
a better price to contractor A than to contractor B when
both are bidding on the same job?
John Layton, founder and manager of Layton The entry costs for the learning period
Construction, has a small but profitable plumbing 3 multiple choice options
remodeling business, mostly catering to downtown small
to medium size residence remodels. To gain more
business and a higher level of clients' remodeling dollars,
John has started advertising his services in
neighborhoods of much higher-priced homes, whose
owners will expect more high-end fixtures and finishes.
As he makes this move to diversify, which one of the
following will John most likely underestimate?
Knowing when and how to make organizational changes Managerial immaturity.
is related to which one of the following elements of risk? 3 multiple choice options
AFSB 152 - Complete Practice Exam
Save
Students also studied
AFSB 152 AFSB 152 AFSB 152 Qs I missed First Time AFSB 15
135 terms 100 terms 66 terms 139 term
alexandra_rentschler Preview n0271221 Preview Sam_Folger Preview mal
Clark Construction was hired as the general contractor Each subcontractor for completing its part of the project.
for a large residential housing development. The general 3 multiple choice options
contractor must coordinate the work of
The party that directly benefits from the additional Project owner.
security of knowing that the contractor has satisfied the 3 multiple choice options
surety's comprehensive prequalification review is the
Hadley Construction operates as a general building Commercial, industrial, residential, and public work.
contractor. General building contractors engage in
3 multiple choice options
general building construction, which can be broken
down into
Which one of the following describes what happens if The project owner must pay additional money to the contractor in the form of
there are gaps or omissions in the construction plans and change orders during the course of construction.
specifications when they are offered in the competitive
3 multiple choice options
bid process, and they are discovered after the
construction begins?
The practice in which a contractor bills the project owner Front-loading.
more than its cost for items that occur in the early phases 3 multiple choice options
of the contract and then bills correspondingly less for
items that occur in later phases is called
An assurance that results from the performance bond The significant financial assurance, beyond the contractor's financial resources,
guarantee and benefits the construction-project owner is that the contractor will fulfill all contract terms.
3 multiple choice options
, In construction contracts, the critical path method Ensures that work is completed in a logical sequence and that the project is
completed within the time budget specified in the contract terms.
2 multiple choice options
Ridge Construction constructs locks and dams, power General engineering contractor.
plants, large bridges, sewage and water treatment plants, 3 multiple choice options
utilities, and similar projects. Ridge Construction is a
To prevent problems when contracting work outside of Recruit local help or acquire a joint-venture partner to facilitate the project.
the contractor's usual geographic area, the contractor 3 multiple choice options
may need to
Payments to the general contractor are usually made Each month, after the architect reviews and certifies the requests for payment.
3 multiple choice options
One can find the responsibilities of all parties to a The construction contract
construction project in which one of the following 3 multiple choice options
documents?
Which one of the following statements is correct A design/build contractor assumes much greater responsibility than traditional
regarding design/build contractors? contractors.
3 multiple choice options
The increased availability of better financing or terms Project owner.
than would otherwise have been received in the absence 3 multiple choice options
of a surety bond is a benefit to the
Star Roofing has been asked to be a subcontractor for A subcontractor may offer a better price to contractor A based on a better
two different contractors (Contractor A and Contractor B) experience with its payment policies, quality of supervision, and job coordination
who are bidding on the same job. Which one of the compared with its experience with contractor B.
following explains a reason that Star Roofing might offer
3 multiple choice options
a better price to contractor A than to contractor B when
both are bidding on the same job?
John Layton, founder and manager of Layton The entry costs for the learning period
Construction, has a small but profitable plumbing 3 multiple choice options
remodeling business, mostly catering to downtown small
to medium size residence remodels. To gain more
business and a higher level of clients' remodeling dollars,
John has started advertising his services in
neighborhoods of much higher-priced homes, whose
owners will expect more high-end fixtures and finishes.
As he makes this move to diversify, which one of the
following will John most likely underestimate?
Knowing when and how to make organizational changes Managerial immaturity.
is related to which one of the following elements of risk? 3 multiple choice options
