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NASCLA Exam Questions With 100% Correct!!
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NASCLA Exam Questions With 100% Correct!!
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NASCLA Business, Law and Project Management (Basic) - Practice Test 2 Questions With Complete Solutions
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The _____ method recognizes income when the employer has done the work but has not received the income. 
 
A. Accrual 
B. Appreciation 
C. Depreciation 
D. Cash correct answer: A. Accrual 
 
13-7 
 
A _____ bundles all cost factors for entire task. 
 
A. Lump sum 
B. Cost plus 
C. Percent completion method 
D. Unit price method correct answer: D. Unit price method 
 
6-7 
 
_____ requires paying prevailing wages in federally-financed projects. 
 
A. Service Contract Act 
B. Walsh-Healey Act 
C...
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Package deal for NASCLA Exam Questions with 100% Correct Answers | Verified.
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Package deal for NASCLA Exam Questions with 100% Correct Answers | Verified.
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NASCLA Practice Exam Questions With Verified Answers
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NASCLA Practice Exam Questions With 
Verified Answers 
Which is true about compacting the sub-base in preparation for concrete placement? 
Topic Area: Concrete - answerthe thinner the lift the better the compaction 
Wood plates are being laid out so that the rough openings for the doors can be located. Anchor 
bolts must be placed so that there is a bolt located within how many inches from the end of each 
section plate? 
Topic Area: Doors, Windows, and Glazing - answer12 inches 
A contractor pu...
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NASCLA - Principles and Practices of Commercial Construction Exam Questions With Verified Answers
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NASCLA - Principles and Practices of 
Commercial Construction Exam Questions 
With Verified Answers 
When freely dropping concrete into forms, you should never be more than how far of a distance 
away? - answer1 meter 
For concrete to be placed in water there is a special method that is used. What is the method? - 
answertremie 
In order to have 3/4 hour fire rating, a wood column in a wood structure should be what typical 
size or larger if supporting floors? - answer8 x 8" 
What should be use...
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NASCLA PRACTICE EXAM 1 Questions With Verified Answers
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NASCLA PRACTICE EXAM 1 Questions 
With Verified Answers 
Balance sheet, income statement, statement of cashflow - answerThree types of financial 
statements 
Sustainable practices - answerspecifically consider a building project's long term impact on 
the environment 
Board feet - answerThe volume of wood needed for a project 
Design-Build method of project delivery - answerOwner contracts with one entity to provide 
both design and construction services. Design-build firm subcontracts as neces...
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NASCLA- Part 1 Exam Questions With Verified Answers
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NASCLA- Part 1 Exam Questions 
With Verified Answers 
Benefits of a Business Plan - answer-blueprint for your business 
-used as a planning and benchmarking tool 
-sometimes requires by bank, loan officers or investors 
Elements of a Business Plan - answer-cover page 
-executive summary 
-company summary 
-list of services/products 
-market analysis 
-marketing strategy 
-financial plan 
Business Plan Pitfalls - answer-not portraying a accurate picture of your business 
-not keeping it simple in...
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Law and Business Exam 1 Questions With Verified Answers
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Law and Business Exam 1 Questions 
With Verified Answers 
The department may refuse to issue a license or certificate to an applicant who has done which of 
the following? - answerHas submitted false or misleading information 
-has had a license denied 
-has failed to meet the minimum qualifications 
-any of these listed 
Form I-9 must be kept for at least _________ years from the date of hire. - answer3 
According to the state of South Carolina, which of the following can be classified as an en...
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NASCLA Exam Questions With Verified Answers
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NASCLA Exam Questions With Verified 
Answers 
Key Functions of a business plan - answer1.) Planning tool 
2.) Loan or Investor Document 
3.) Benchmarking Tool 
Elements of a business plan - answer1.) Cover page 
2.) Executive Summary 
3.) Company Summary 
4.) Products and Services 
5.) Market Analysis 
6.) Marketing Strategy 
7.) Financial Plan 
CECPMMF 
Sole proprietorship - answeryou are the sole owner - exposes to unlimited liability for 
business debt 
Disadvantages of a sole proprietorship ...
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NASCLA Contractors Guide Exam Questions With Verified Answers
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NASCLA Contractors Guide Exam 
Questions With Verified Answers 
When a business is purchased by a new owner, what happens in regards to the "EIN"? - 
answerA new EIN is required 
A clause that means that a subcontractor is bound by the same obligations as are required of the 
general contractor is called: - answerFlow-down clause 
What are the three key functions on a business plan? - answerPlanning Tool, Loan or 
Investor Document, Benchmarking tool 
A contractor's Business Plan does NOT inc...
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NC Business and Law Exam Questions And Answers (Updated And Verified)
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NC Business and Law Exam Questions And 
Answers (Updated And Verified) 
File notice of contract within 30 days of issuance of - answerbuilding permit 
file the claim of lien within - answer120 days 
responsible for securing permit to build - answercontractor 
must have license for projects more than - answer30,000 
how many members on the licensing board - answernine 
the contractor has 90 days to replace the - answerqualifier 
licenses expire - answer12/31, 
licenses invalid ______ days after 1...
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NASCLA Contractors Guide to business, law and project management Exam Questions And Answers (Updated And Verified)
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NASCLA Contractors Guide to business, law 
and project management Exam Questions 
And Answers (Updated And Verified) 
Entrepreneurs are often regarded as... - answerRisk takers 
Whats found in a business plan? - answerCover page, executive summary, company 
summary, products and services, market analysis, marketing strategy, and financial plan. 
What is a market analysis? - answerYour target market, market trends, and major 
competitors are defined under market analysis. 
What is a cover page? -...
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