Nascla business Samenvattingen, Aantekeningen en Examens
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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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NASCLA Contractor Exam Study Guide Questions With Solutions 2024.
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NASCLA Contractor Exam Study Guide Questions With Solutions 2024. 
Sole Proprietorship - correct answer Which form of business ownership is least regulated? 
 
Partnership - correct answer under which form of business organization are all investors fully liable for all debts of the business? 
 
S corporation - correct answer The owner who is looking for maximum protection from personal liability will choose this 
 
Leaving something out - correct answer What is the worst possible error in estima...
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NASCLA Business Law and Managment EXAM SC questions with correct answers
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Sole Proprietorship CORRECT ANSWER a business owned and managed by a single individual 
Simplest form to set up 
unlimited Liability 
 
Partnerships CORRECT ANSWER Business organizations in which two or more persons share responsibilities, costs, profits, and losses. 
 
C Corporations CORRECT ANSWER Corporations that have no restrictions on who owns their shares or the number of shareholders; they cannot qualify for subchapter S tax treatment and are subject to direct taxation 
 
S corporation C...
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NASCLA Business Law and Management EXAM SC Questions With 100% Correct Answers
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NASCLA Business Law and Management EXAM SC Questions With 100% Correct Answers
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NASCLA Business Law and Managment EXAM SC QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)
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NASCLA Business Law and Managment EXAM SC QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)
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NASCLA BUSINESS LAW Questions with Complete Solutions.
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NASCLA BUSINESS LAW Questions with Complete Solutions.
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NASCLA Business, Law and Project Management (Basic) - Practice Test 2 QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)
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NASCLA Business, Law and Project Management (Basic) - Practice Test 2 QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)
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NASCLA Business, Law and Project Management (Basic) - Practice Test 2 QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)
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NASCLA Business, Law and Project Management (Basic) - Practice Test 2 QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)
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NASCLA Business, Law and Project Management (Basic) - Practice Test
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NASCLA Business, Law and Project Management (Basic) - Practice Test 
 
 
 
 
 
 
 
1.	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: Accrual 
 
13-7 
2.	A	bundles all cost factors for entire task. 
 
A.	Lump sum 
B.	Cost plus 
C.	Percent completion method 
D.	Unit price method: Unit price method 
 
6-7 
3.	 	requires
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NASCLA Business Law and Management Exam Questions With 100% Correct Answers, Latest Update 2024/2025 | Rated A+
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NASCLA Business Law and Management Exam Questions With 100% Correct Answers, Latest Update 2024/2025 | Rated A+. Sole Proprietorship - Correct Answer-a business owned and 
managed by a single individual 
Simplest form to set up 
unlimited Liability 
Partnerships - Correct Answer-Business organizations in which 
two or more persons share responsibilities, costs, profits, and 
losses. 
C Corporations - Correct Answer-Corporations that have no 
restrictions on who owns their shares or the number of...
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NASCLA Business, Law and Project Management, Test Questions With 100% Correct Answers, Latest Update 2024/2025 (Graded)
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NASCLA Business, Law and Project Management, Test Questions With 100% Correct Answers, Latest Update 2024/2025 (Graded) 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 
NASCLA Business, ...
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