Florida Contractors Manual Exam Questions and Answers, Exams of Nursing

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FLORIDA CONTRACTORS MANUAL ACTUAL EXAM (2 LATEST

VERSIONS) QUESTIONS AND ANSWERS 2025

All of the following are true regarding a general partnership except: - ✔✔ANSWER✔✔->>>>>>>>There is a potential taxation on earnings A joint venture is: - ✔✔ANSWER✔✔->>>>>>>>Two or more persons or entities jointly seeking a profit in some specific venture without an actual partnership or corporation designation

Which of the following is true regarding a joint venture? - ✔✔ANSWER✔✔-

A joint venture is generally limited to a single transaction One advantage of a standard corporation is: - ✔✔ANSWER✔✔->>>>>>>>Fringe benefits are tax deductible Which of the following is an advantage of an S Corporation? - ✔✔ANSWER✔✔- As sole proprietors, income or losses are reported as to an individual taxpayer. Which of the following is an advantage of a regular corporation? - ✔✔ANSWER✔✔->>>>>>>>tax deductible fringe benefits Which of the following statements is true concerning an S Corporation? - ✔✔ANSWER✔✔->>>>>>>>Only individuals or estates can be shareholders Occupational licenses may be required for every business and are issued by the: - ✔✔ANSWER✔✔->>>>>>>>Counties and Cities A person may engage in business under a fictitious name with the: - ✔✔ANSWER✔✔->>>>>>>>Division of Corporations How long is a registered fictitious name valid for? - ✔✔ANSWER✔✔->>>>>>>> years

Unless you are a sole proprietor, federal form SS-4 must be filed on or before the :

• ✔✔ANSWER✔✔->>>>>>>>Seventh day after the date on which business begins According to the Florida Contractors Manual, a partnership can be dissolved for all of the following except : - ✔✔ANSWER✔✔->>>>>>>>By order of the Florida DBPR Which agency oversees engineers in the state of florida? - ✔✔ANSWER✔✔-

Board of Professional Engineers How are Florida sales tax reported and paid? - ✔✔ANSWER✔✔- Reported on a form DR-15-CS and paid on a monthly basis Florida Statues (Chapter 489) provides for the licensure and regulation of all types of contractors in Florida and are divided into: - ✔✔ANSWER✔✔- Construction contracting, electrical and alarm systems contracting, and septic tank contracting Which of the following must be true for a person to qualify for a state certification of competency? - ✔✔ANSWER✔✔->>>>>>>>Be of good moral character, be at least 18 years of age and pass an examination Which of the following licenses and/or certifications is necessary to engage in the business of installation, improvement, repair or maintenance of any tubing, pipe or similar conduit used to transport gas for medical purposes? - ✔✔ANSWER✔✔- a plumbing contractor with medical gas certification

All certified contractors must carry and maintain what type of insurance in order to work in the state of Florida? - ✔✔ANSWER✔✔->>>>>>>>Public liability and property damage in the amounts as set by the board As a prerequisite to initial licensure or the renewal of a license as a certified or registered contractor, general and building contractors must carry a minimum insurance amount of: - ✔✔ANSWER✔✔->>>>>>>>$300, liability/ $50,000 property damage What is the minimum allowable liability insurance policy for plumbing contractors? - ✔✔ANSWER✔✔->>>>>>>>$100, Every certified and registered contractor must complete a minimum of hours of continuing education during every two year license cycle. - ✔✔ANSWER✔✔->>>>>>>> Contractors licensed pursuant to Chapter 489, must maintain complete financial and business records kept in the regular course of business for the immediately preceding - ✔✔ANSWER✔✔->>>>>>>>3 years According to the Contractors Manual, which of the following is required to be licensed under Chapter 489.103 of the Florida Statutes? - ✔✔ANSWER✔✔-

Persons performing small remodeling jobs with a contract price of less than $2, Which of the following construction projects requires a licensed general contractor? - ✔✔ANSWER✔✔->>>>>>>>Service Stations

Which of the following construction projects requires a licensed contractor? - ✔✔ANSWER✔✔->>>>>>>>Bank Which of the following must be subcontracted by a state certified general contractor, unless a general contractor holds a state certificate of competency or a license in that area? - ✔✔ANSWER✔✔->>>>>>>>Air conditioning ductwork According to Chapter 489 of the licensing law, what work can a licensed general contractor do on new buildings? - ✔✔ANSWER✔✔-

fiberglass shingle roofing Which of the following is true regarding a general contractor who is constructing the main sanitary sewer collection system, the storm collection system, or the water distribution system on new site development work, but not including continuation of utility lines? - ✔✔ANSWER✔✔->>>>>>>>the general contractor may do the work himself When the sole qualifying agent leaves the employ of a business organization, the organization must replace the qualifying agent within: - ✔✔ANSWER✔✔- 60 days A qualifying agent for a business organization: - ✔✔ANSWER✔✔->>>>>>>>is legally qualified to act for the business in all matters connected with contracting A secondary qualifying agent is responsible for: - ✔✔ANSWER✔✔->>>>>>>>the supervision of field work at sites where the agent's license was used to obtain the building permit

Which of the following is NOT an IRS category used to define independent contractors? - ✔✔ANSWER✔✔->>>>>>>>remuneration Engaging in contracting services or holding oneself out to be a contractor without first obtaining a license is a violation of Florida law and is considered a for a first offense. - ✔✔ANSWER✔✔->>>>>>>>first degree misdemeanor The maximum amount of compensation that a consumer is entitled to if injured on a job site due to an unlicensed contractor's negligence is: - ✔✔ANSWER✔✔-

triple the amount of damages, plus attorneys fees A business organization must inform the Department of Business and Professional Regulation by mail of any change in the information required to be submitted within days following the change - ✔✔ANSWER✔✔->>>>>>>>

A contractor license number must appear in all of the following advertisements concerning the contractors except: - ✔✔ANSWER✔✔->>>>>>>>free yellow page ads The licensing board can impose an administrative fine of up to on a contractor for proceeding on any job without obtaining applicable local building permits and inspections. Assume the building permit was applied for late - ✔✔ANSWER✔✔->>>>>>>>$3, A fine of up to can be imposed on a contractor for proceeding and completing any job without obtaining applicable local building permits

✔✔ANSWER✔✔->>>>>>>>$5,

A maximum of of the required continuing education hours can be fufilled by the performance of pro bono services to the indigent or to underserved populations within the state where the licensee practices - ✔✔ANSWER✔✔-

25% According to Florida Statutes Chapter 455, the board shall keep an accurate record of each applicants examination questions, answers, papers, grades, and grading key for a period of not less than immediately following the examination - ✔✔ANSWER✔✔->>>>>>>>2 year Each continuing education provider shall retain all records relating to a licensees completion of continuing education courses for at least after completion of a course - ✔✔ANSWER✔✔->>>>>>>>4 years Foreign-trained professionals shall be eligible for professional examinations in Florida provided they immigrated to the United States because of political reasons and their home country is located in: - ✔✔ANSWER✔✔->>>>>>>>The Western Hemisphere What is the maximum fee the Board may charge for the issuance of a duplicate license? - ✔✔ANSWER✔✔->>>>>>>>$ No license shall go through the mediation process more than times without the approval of the Department - ✔✔ANSWER✔✔->>>>>>>> A citation issued by the board to a licensee shall become a final order unless the licensee disputes the matter in the citation with the board within : - $5, A maximum of of the required continuing education hours can be fufilled by the performance of pro bono services to the indigent or to underserved populations within the state where the licensee practices - ✔✔ANSWER✔✔- >>>>>>>>25% According to Florida Statutes Chapter 455, the board shall keep an accurate record of each applicants examination questions, answers, papers, grades, and grading key for a period of not less than immediately following the examination - ✔✔ANSWER✔✔->>>>>>>>2 year Each continuing education provider shall retain all records relating to a licensees completion of continuing education courses for at least after completion of a course - ✔✔ANSWER✔✔->>>>>>>>4 years Foreign-trained professionals shall be eligible for professional examinations in Florida provided they immigrated to the United States because of political reasons and their home country is located in: - ✔✔ANSWER✔✔->>>>>>>>The Western Hemisphere What is the maximum fee the Board may charge for the issuance of a duplicate license? - ✔✔ANSWER✔✔->>>>>>>>$ No license shall go through the mediation process more than times without the approval of the Department - ✔✔ANSWER✔✔->>>>>>>> A citation issued by the board to a licensee shall become a final order unless the licensee disputes the matter in the citation with the board within : - ✔✔ANSWER✔✔->>>>>>>>30 days after the citation is served.

The Board must issue a citation within after the filing of the complaint that is the basis for the citation - ✔✔ANSWER✔✔->>>>>>>> months Within how many days shall a licensee respond after service of a notice that the Board is investigating a complaint filed against the licensee - ✔✔ANSWER✔✔-

A certificate holder or registrant who fails to apply for renewal of an active certificate at the required renewal period shall cause the certificate to become: - ✔✔ANSWER✔✔->>>>>>>>A delinquent certificate or registration At least days prior to the end of the licensure cycle, the department shall forward a licensure renewal notification to an active or inactive certificate holder at the certificate holders address of record - ✔✔ANSWER✔✔-

A certified contractor died before he could commence work on a project which had been awarded to him as a low bidder before this death. According to Chapter 489 the contract can be completed by: - ✔✔ANSWER✔✔->>>>>>>>Any person who notifies the board within 30 days of the contractor's death and is approved by the board What are four most common types of business structures? Sole Proprietorship, Partnership, Joint Venture & Corporation The accounting equation known as Assets equals

Liabilities and Equity Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0: / 0: Full screen Brainpower Read More How often is a certified or registered contractor required to renew licensure? Every Two Years What must occur before law enforcement can be dispatched, if a residential or commercial intrusion/burglary alarm with central monitoring services receives an alarm? Attempt to confirm the alarm signal by call, text, or other electronic means made to the owner, occupant or authorized designee

How many days does a business have to obtain a qualifying person if they lose their previous qualifier? 60 Days What action must a septic contractor take after the installation of a new septic tank before covering it with earth and placing it into service? Notify the county health department and have the system inspected The amount a company spends to provide goods and services to its customers is known as? Expenses A licensed fire alarm company interviewed a 17 year old high school drop out for a fire alarm agent position. A background check reveals that he was convicted of possession of a controlled substance four years ago. Should the company hire this individual? No, the minimum age is at least 18 years old How many members does the construction licensing board consist of? 18

If an applicant is employed as an alarm system agent, and does not complete the training or receive a satisfactory criminal background check within 90-day period, what must the sponsoring licensed contractor do? The employment must be terminated immediately Within how many minutes of activation must an "audible alarm" signal terminate? 15 minutes What are three means to establish evidence that the applicant possesses the ability to properly supervise construction activities when qualifying an additional business entity? Owns 20% or more of the business; Receives a W-2; or provides evidence of the means and methods utilized to ensure control over the construction work. 61G4-15.015 provides for the certification of what type of structure contractors? Specialty Structure Contractors

What is the minimum distance a sewage system can be located from a private potable well or multi-family water system? 75 feet The matching of expenses with the revenues that they helped generate is called the? Matching concept What is an entity comprised of at least one general partner and has one or more limited partners? Limited Partnership If the qualifying agent ceases to be affiliated with a business, how long does the business have to notify the DBPR? 60 days According to 489, the fee for an applicant submitting an initial application may not exceed how much?

$

If the board imposes a civil penalty for a violation of Chapter 489, F.S., or of the rules, how many days does the contractor have to pay the penalty imposed to remain in compliance? 30 days According to the administrative code, if a business has a financially responsible officer other than the qualifier, what additional requirement must they also demonstrate? A bond or irrevocable letter of credit, in the amount of $100,00 payable to the board for fines and costs What may the board require as an additional penalty, if they find that a contractor committed a violation because of lack of knowledge or understanding of the laws and rules? Additional continuing education hours in excess of the credit hours required for biennial renewal

What two areas of violations, does the "board" consider appropriate for mediation? License number not listed where required & any complaint that is based on non- completion of contract for not having a final inspection done What is the estimated gallons per day for a residence with 4 bedrooms and 3000 SQ ft of building area to determine the size sewage system? 400 gallons per day What is the method of accounting where revenue and expenses are recorded when earned or incurred, rather than when the cash is actually received or paid? Accrual method How can a limited partner lose immunity for partnership debts beyond the invested amount? By managing or becoming involved in the day-to-day operations of the business What are the responsibilities of a "Financially Responsible Officer"?

Assume personal responsibility for all financial aspects of the business organization A Contractor who receives, as initial payment, money totaling more than 10 percent of the contract price must apply for permits and begin work within how many days? Apply for permits within 30 days & start the work within 90 days after permits are issued What is the result of failure to pay a civil penalty within the specified period? The licensee shall surrender his/her licensure How many years must a license retain records on the completion of continuing education requirements? 3 years What must an applicant do if they fail to obtain a passing score on any portion of the exam more than 3 times?

Complete a minimum of 7 hours of continuing education courses in area(s) in which exam score of 75% was not achieved When can a "Sanitary Pit Privy" be utilized? Only at remote locations where electrical service is unavailable Investments or withdrawals by the owner and earnings or losses by the company result in what? Changes in equity What is the goal of recording income & expenses when they are incurred, rather than when they are actually paid? To accurately match earnings with the events that resulted in the earnings What is the simplest form of a business organization? Sole Proprietorship

What are the two types of partnerships? General partnership and limited partnership What is the difference between a partnership and a joint venture? The joint venture is usually limited to a single transaction What three categories are used to determine whether a person is classified as an independent contractor or an employee? Behavioral, Financial, and Type of Relationship Under what state statue would an applicant locate the information to determine whether they might receive credit for relevant military service?

If there is a belief that a licensee may have committed a violation of part 1, chapter 489, F.S., Chapter 455, F.S, who makes the determination whether the violation occurred? The probable cause panel What is the fine for failure to timely obtain a permit? $ If a septic tank contractor installs a septic system and applies for a permit after the work is completed without inspections, what would the penalty be if they are a repeat offender? Repeat violation results in revocation In the practice of accounting, debit and credit refer to what? The left and right sides of an account How could a partnership resolve a potential dispute over control of the business? Through a partnership agreement

A person who engages in contracting services or holding oneself out to be a contractor without first obtaining a license is guilty of a for a first offense? First-degree misdemeanor How long must a contractor maintain complete financial and business records? Three years How many hours of continuing education is a contractor required to take for license renewal? 14 hours every two years What is the maximum administrative fine that may be imposed on any unlicensed person found guilty of unlicensed? $10,

According to the Florida Administrative code, what is the minimum clear height of a "story"? 7 feet or more What does the term "call verification method" refer to? The monitoring facility personnel making two or more attempts to make contact prior to dispatch What is the fee for a site evaluation by the County Department of Health? $ A statement which shows the earnings earned over any particular period of time is called an? Income statement What type of business structure should be formed for a single transaction with two or more entities seeking a profit?

Joint venture Where is a licensed contractor required to place the state issued license number? On all building permits & any advertisements including vehicles How much could a contractor be fined for committing fraud or deceit in the field of contracting? $2,500 - $10,000 What information may be included in the periodical published by the department? A summary of final orders resulting in fines, suspensions, or revocations What is the purpose of the Florida Homeowners' Construction Recovery fund? It is a fund for homeowners to recover payments, up to a limited amount

Applicants for "General or building contractor" must have commercial experience in what specific areas? Foundations or Slabs in excess of twenty thousand (20,000) square feet, masonry walls, steel erection, elevated slabs, precast concrete structures, column erection, formwork for structural reinforced concrete If a person wishes to become a "Certified Electrical Contractor" what percentage of their expense must be in 3-phase service? 40% The recording of business and financial data in a prescribed manner is known as ? Bookkeeping Where are transactions recorded before they are recorded on the financial statements and why? In a journal

What business structure is the most expensive to organize? Corporation After how many days of no activity on a job site, without just cause, would a project be considered abandoned? 90 days Based on the definition of a "building Contractor" in Florida State Statute 489, what construction services is a "Building Contractor" limited to? Commercial buildings and single-dwelling or multiple-dwelling residential buildings, up to three stories in height If an electrical contractor is found to be in noncompliance of "Chapter 440" they must provide a certification of compliance and pay an administrative fine of? $500

If a contractor fails to include a certification number when submitting an advertisement for publication, what is the minimum fine the board will assess? $100 A "joint venture" of one or more participants, who are not licensed contractors, must sign a "statement of authority" giving which party full authority to conduct contracting activities? The licensed contractor What is the minimum policy limit for public liability insurance for electrical contractors? $100,00 per person, $300,00 per occurrence is primarily concerned with design of the system of records, the preparation of reports based on the recorded data, and the review and interpretation of the reports Accounting

Current and fixed assets, current and long-term liabilities, and equity are categories found in? The balance sheet Which business structure has the possibility of double taxation? Corporation What is one key difference between a Corporation and an "S" corporation? Provisions allow shareholders to absorb all corporate income or losses as partners and report it as individual taxpayers How long is a Fictitious name registration valid? 5 years A person may engage in business under a fictitious name by registering the name with who? The Division of Corporations