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MICHIGAN BUILDERS LICENSE EXAM UPGRADED EXAM QUESTIONS WITH VERIFIED SOLUTIONS
Typology: Exams
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What is the first offense penalty for engaging in the practice of residential building without a license? - CORRECT ANSWER -Not less than $5,000 and not more than $25,000 and/or one year in prison. Subsequent violations can extend the prison time to up to 2 years.
What is the penalty for engaging in the practice of residential builders license, resulting in a death? - CORRECT ANSWER -Not less than $5,000 and not more than $25,000 and/or four years in prison
On your individual builder's license application, what should you write as your "business address"? - CORRECT ANSWER -Your personal address
What is the cost for the individual builder's license? - CORRECT ANSWER -$
After receiving your residential builder's license, what are the only trades not covered by your license? - CORRECT ANSWER -Plumbing, electrical, and HVAC
Who is the TESTING company for the State of Michigan? - CORRECT ANSWER -PSI
What is the name of the department that regulates your license? - CORRECT ANSWER -LARA
What are the 2 parts of the Residential Builder Examination? - CORRECT ANSWER -Business and Law examination/Practice and Trade examination
What is a good quick asset ratio? - CORRECT ANSWER -1 to 1
Under the Carpentry section of the test, what does a "span table" tell us? - CORRECT ANSWER -What species and what grade of lumber a floor joist has to be to span a certain distance
Which is NOT a reason that you need a residential business license?
It allows you to be able to file a lein on property
It allows you to pull a residential permit
It allows you to file a lawsuit if necessary
It allows you to work on commercial properties - CORRECT ANSWER -It allows you to work on commercial properties
Where does most fraud occur? - CORRECT ANSWER -In the residential market
As a builder, your license falls under the regulation of: - CORRECT ANSWER -Both rules by the director and board as well as laws of the state of Michigan
What is the make up of the 9 members of the board? - CORRECT ANSWER -4 residential builders, 2 M + A contractors, and 3 members of the general public
Under the definition of occupational code, what does the word "limitation" refer to? - CORRECT ANSWER -A condition, stricture, restraint or probation attached to a license relative to the scope of practice
Who, upon completion of a hearing, shall assess a penalty or penalties? - CORRECT ANSWER -The Board
If you fail to renew your license or registration on or before the expiration date, how many days do you have to resubmit with the proper payment and late fee? - CORRECT ANSWER -60 days
When the department is investigating a complaint and finds evidence of a violation, what actions can be brought against the respondent? - CORRECT ANSWER -A cease and desist order, a formal complaint, and/or a citation
How many days after the administrative law hearings examiner hears the report, must a determination of penalties be made by the board? - CORRECT ANSWER -60 days
What is a compliance conference? - CORRECT ANSWER -A meeting where ONLY the respondent meets with the department to discuss the complaint against them
Which of the following terms means a premise used or intended to be used for a residential purpose and related facilities appurtenant to the premises used or intended to be used as an adjunct of residential occupancy? - CORRECT ANSWER -Residential structure
An employee other than the listed salesperson may make a sale when: - CORRECT ANSWER -It is occasional and incidental to the person's principal employment
The following are reasons that someone would be allowed to operate without a residential business license: - CORRECT ANSWER -- They are an authorized representative of the United States government
Beginning the license cycle after December 21, 2007, the department shall issue the license of a residential builder and residential maintenance and alteration contractor for a period of how many years in duration? - CORRECT ANSWER -3 years
After receiving your initial residential builder's license, how many hours of continuing competency are required within the next 3 years? - CORRECT ANSWER -21 hours
If a salesperson desires to change employment from one residential builder or maintenance and alteration contractor to another: - CORRECT ANSWER -The license shall be forwarded to the department, an application will be made for a transfer, and a new license under the salesperson's new employer will be issued
Regarding workmanship, how long does a client have to file a "verified complaint"? - CORRECT ANSWER -18 months from the completion of work
If a licensed residential builder or licensed residential maintenance and alteration contractor wishes to change the control or direction of the business, how long do they have to report that change to the department? - CORRECT ANSWER -10 days
The department shall conduct a review upon notice that a licensee has violated the asbestos abatement contractors licensing act. What are the possible consequences for for this violation? - CORRECT ANSWER -The department may suspend or revoke that person's license and fines may be issued
When the board issues the findings of a verified complaint: - CORRECT ANSWER -- The department shall post on its website any final order of the board and the date it was issued
According to the Administrative Rules, an application for a license shall include: - CORRECT ANSWER -- The residence address of all individuals, partners, officers and/or members, as requested by the department
Upon final order of license suspension or revocation, the licensee shall surrender the license to the department within how many days of the date of suspension or revocation? - CORRECT ANSWER - days
According to Administrative rules, a licensee shall include the following in all advertising: - CORRECT ANSWER -- The name on the license
According to purchase and sale agreements, the builder or contractor shall make certain that the written agreements clearly state the terms of the transaction, including: - CORRECT ANSWER -- Specifications and cost
The department, after investigation, may request a licensee to appear at such _________ as is necessary to determine whether there is cause for complaint which would require a hearing on, or dismissal of, the complaint. - CORRECT ANSWER -Investigative conference
A respondent in a complaint may be represented by: - CORRECT ANSWER -An attorney or his/her own self
What act was created to collect fees for the regulation of certain occupations and professions, and for certain agencies and businesses; to create certain funds; and to prescribe certain powers and duties of certain state agencies and departments? - CORRECT ANSWER -State License Fee Act
What is the "Occupational License For Former Offenders Act"? - CORRECT ANSWER -An act to encourage and contribute to the rehabilitation of former offenders and to assist them in the assumption of the responsibilities of citizenship
According to the "Building Contract Fund", evidence of "intent to defraud" is defined as: - CORRECT ANSWER -When a contractor, or any subcontractor, appropriates moneys to his/her self for building operations BEFORE the payment by him of all moneys due or so to become due laborers, subcontractors, materialmen or others entitled to payment
According to the Construction Lien Act, what must be supplied by owner, General Contractor, Sub- Contractor, or Supplier within 10 days of being asked for a copy by anyone entitled to a copy? - CORRECT ANSWER -Notice of commencement
The "Claim of Lien" must be filed within how many days of LAST furnishing labor or materials for a project? - CORRECT ANSWER -90 days
Proceedings to foreclose must take place within ____ of the date that the claim lien was recorded. - CORRECT ANSWER -1 year
According to the Construction Lien Act, what recommendations are given for your protection? - CORRECT ANSWER -- Never use your assets to complete someone's project
Which document lists each subcontractor, supplier and laborer, for whom payment of wages or fringe benefits and withholdings is due but unpaid, with whom the (contractor)(subcontractor) has (contracted)(subcontracted) for performance under the contract with the owner or lessee, and the amounts due to the persons as of the date of the statement? - CORRECT ANSWER -The sworn statement
A claim of lien MUST be completed within how many days of last being on the job site? - CORRECT ANSWER -90 days
If after filing a claim of lien, you DO get paid before the lawsuit, what form must you complete? - CORRECT ANSWER -Discharge of construction lien
What is the maximum amount you can collect through a judgment in the small claims division of the district court using the small claims form DC84? - CORRECT ANSWER -$6,
After Mr. Jones receives a sworn statement that he owes ABC framing $40,000, how does Mr. Jones know that ABC framing was ever on the jobsite? - CORRECT ANSWER -The proof of service of notice of furnishing
According to the State Construction Code Act, how often will the state code be updated by the Construction Code Commission? - CORRECT ANSWER -Every 3 years
The Uniform Commercial Code states that a contract for the sale of goods for the price of $1,000.00 or more must be: - CORRECT ANSWER -In writing sufficient to indicate a sale between parties and signed
According to the Americans With Disabilities Act (ADA), which of the following is NOT true?
The law applies to employers with 15 or more employees
Employees are allowed to require a medical exam before making a job offer
The first violation results in a $55,000 fine
ADA requirements are enforceable only through the U.S. Department of Justice - CORRECT ANSWER - Employees are allowed to require a medical exam before making a job offer
Minimum Wage Law states: - CORRECT ANSWER -- After 40 hours in any one work week, compensation is 1 1/2 times the regular rate
Who is covered by the Employing Minors Youth Employment Standards Act? - CORRECT ANSWER -Ages 14, 15, 16, and 17
The Family Medical Leave Act states: - CORRECT ANSWER -- Employees may receive unpaid leave for certain reasons
Which of the following is true in regard to employing minors? - CORRECT ANSWER -- A minor shall not work more than 6 days a week
What is a disadvantage of a sole proprietorship? - CORRECT ANSWER -Owner is liable for all debts
What is a disadvantage of a general partnership? - CORRECT ANSWER -Each partner is liable for the business debts of the other partner
What allows an individual to invest in a general partnership but have no input to how the partnership is operated? - CORRECT ANSWER -Limited partnership
What is it called when several business members come together to form a new business entity larger and financially stronger than if they acted alone? - CORRECT ANSWER -Joint Venture
How many days after notification of a complaint does the respondent have to respond? - CORRECT ANSWER -15 days
Once the investigative unit receives a complaint, who do they verify the legitimacy of the complaint with? - CORRECT ANSWER -The building inspector of the local jurisdiction (city building department)
If the dispute cannot be resolved at the informal conference, where does it go next? - CORRECT ANSWER -The administrative law hearing examiner (also known as hearing officer/presiding officer)
The findings/penalty of the Administrative Law Hearing Examiner are reported to: - CORRECT ANSWER -- The respondent and claiment
In reference of the lien law, what is the FIRST document that has to be filled out to continue the lien process? - CORRECT ANSWER -The notice of commencement
Homes built prior to what year require at least 1 smoke detector? - CORRECT ANSWER -
What STATE law regulates discrimination on the jobsite? - CORRECT ANSWER -The Elliott-Larsen Civil Rights Act
A contract is not required if the job is under: - CORRECT ANSWER -$1,
Within how many days of being on the jobsite must the I9 form be completed? - CORRECT ANSWER - days
What act requires prevailing wages to be paid out? - CORRECT ANSWER -The Davis-Bacon Act
What is the most common type of contract used in residential construction? - CORRECT ANSWER -Lump sum contract
What should you be sure to include in your contracts? - CORRECT ANSWER -- Change orders
What is true in regard to a cost plus/fee contract (Construction Management)? - CORRECT ANSWER -- The total construction costs are unknown to the owner
What type of contract is used when the scope of work is poorly defined and/or to cover emergency repairs and renovations to occupied facilities? - CORRECT ANSWER -Cost plus percentage of cost contract (Time and Materials)
What type of contract requires the owner/architect to compile a list of total quantities as well as the contractor to provide the cost per unit to supply and install? - CORRECT ANSWER -Unit price contract
When having a contract signed, what should you be sure to verify first online or at the assessors office? - CORRECT ANSWER -Legal ownership
When asking a customer for a certain percent of money after a section(s) of a job is completed, it is called: - CORRECT ANSWER -Progress payments
What is it called when, at the end of a job, you walk through with a customer and check off any needed repairs or discuss work to be redone? - CORRECT ANSWER -A final punch list
What are 2 items suggested to avoid in your contracts? - CORRECT ANSWER -Start and completion dates
Kitchen cabinet layouts from the kitchen designer are an example of what? - CORRECT ANSWER -Shop drawings
Change in conditions should be the responsibility of: - CORRECT ANSWER -The owner
What should be included in close out documents? - CORRECT ANSWER -- Owner/operator manuals
With a permit, when should final payment be due? - CORRECT ANSWER -Upon final inspection
In a contract, it is wise to include that care and maintenance of the owner's pet(s) is the responsibility of: - CORRECT ANSWER -The owner only
On new construction sites what are you required to have for everyone onsite? - CORRECT ANSWER - Toilet facilities
In regard to moving personal items, it is best if: - CORRECT ANSWER -- You do not move them
While on the jobsite, when is it important to take pictures and keep photo records? - CORRECT ANSWER -- Before work begins
What things should be included in a log book? - CORRECT ANSWER -- Weather conditions
As a general contractor, what must you always have onsite? - CORRECT ANSWER -A competent employee with a first aid card
Who is responsible for temporary power? - CORRECT ANSWER -Whoever is stated in the contract
According to the sample contract on page 27, when is full payment of a change order due? - CORRECT ANSWER -Upon agreement and signing of the change order
What should a quality contract contain? - CORRECT ANSWER -- Name and location of the project
In order to protect yourself from potentially costly changes, what should you include in any contract to build a new house? - CORRECT ANSWER -"Per project number, last revised on" then list specific page numbers and revision dates
What is a verbal direction from an architect or designer to change something called? - CORRECT ANSWER -A modification
Ownership of drawings must be: - CORRECT ANSWER -Defined
Who is responsible for corrections to completed work according to the subcontract? - CORRECT ANSWER -The subcontractor responsible for the correction
(whoever installed it protects it)
When can the builder substitute materials? - CORRECT ANSWER -Only with the permission of the owner
The cost of moving equipment on and off the jobsite is called: - CORRECT ANSWER -Mobilization costs
Whatever contract you decide to use should be reviewed by: - CORRECT ANSWER -An attorney
Who is responsible for collecting and maintaining safety data sheets on the jobsite? - CORRECT ANSWER -The general contractor
Any code related penalties that are caused for the general contractor are the responsibility of: - CORRECT ANSWER -The subcontractor
Which of the following is NOT a responsibility of the subcontractor?
provide progress reports
provide material safety data information as requested
provides for toolbox safety talks
provides for the protection and safety of persons and property - CORRECT ANSWER -Provides for toolbox safety talks
What are the three methods for alternative dispute resolution? - CORRECT ANSWER -Mediation, arbitration, facilitation
In which method of alternative dispute resolution is the award settlement binding and there is no appeal process? - CORRECT ANSWER -Arbitration
When is substantial completion of work obtained? - CORRECT ANSWER -When the owner can take possession and use the structure for its intended purpose (received a certificate of occupancy)
According to the video "Lead Paint: A Toxic Legacy", what are the possible effects that lead paint can have on children? - CORRECT ANSWER -- Brain damage
How far back does the data and research show the dangers of lead paint? - CORRECT ANSWER -The early 1900s
According to the video "Don't Spread Lead", if a house was built before what year, you should assume the house has lead paint as a safety precaution? - CORRECT ANSWER -
To protect yourself from lead dust and debris, what should you do? - CORRECT ANSWER -- Wear safety glasses
When working with lead paint: - CORRECT ANSWER -Work wet and clean
Which of the following statements about lead exposure are true? - CORRECT ANSWER -- Lead stays in the blood stream for approximately 30 days
What current techniques are there to identify lead paint? - CORRECT ANSWER -- X-ray fluorescence
What are the controls for lead based paint? - CORRECT ANSWER -- Removal of LBP through safe work practices
Contractors are not required to be "certified renovators" if they do the following: - CORRECT ANSWER -- Demolition of unoccupied structures
Lead dust breathed in by adults can create disorders, including: - CORRECT ANSWER -Kidney and brain damage
What is a colorless, odorless, radioactive gas that is caused naturally in the soil but can seep out? - CORRECT ANSWER -Radon
The EPA has set a "Take Action Level" for radon at: - CORRECT ANSWER -4 PCI/L
Radon is the second leading cause of ________. There are 21,000 related deaths in the U.S. each year. - CORRECT ANSWER -Lung cancer
Up until the ______, asbestos was commonly used in many building materials - CORRECT ANSWER - 1980s
To protect yourself from asbestos during renovations or demolition, what is the most important thing you can do? - CORRECT ANSWER -Have the house surveyed by a qualified asbestos professional
Asbestos containing material (ACM) means any material containing more than _____ asbestos - CORRECT ANSWER -1%
One who is capable of identifying existing asbestos hazards in the workplace and selecting the appropriate control strategy for asbestos exposure, who has the authority to take prompt corrective measures to eliminate them is called: - CORRECT ANSWER -The competent person
Common products that might have contained asbestos in the past, and conditions which may release fibers, include: - CORRECT ANSWER -- Steam pipes, boilers and furnace ducts
What type of common household products could possibly contain asbestos? - CORRECT ANSWER -- Hairdryers
Houses built between what years may have asbestos as insulation? - CORRECT ANSWER -1930 and 1950
According to Silica Standards, if using a hand held power saw indoors for any amount of time, what safety precautions must be taken? - CORRECT ANSWER -Required respiratory protection must be worn at a minimum of APF 10
The Silica Standards for handheld power saws for cutting fiber-cement board (with blade diameter of 8 inches or less) for tasks performed outdoors state: - CORRECT ANSWER -- To use saw equipped with commercially available dust collection system
In regard to Silica Standards, what is defined as: a description of the tasks, a description of the engineering controls, a description of the housekeeping measures and a description of the procedures used to restrict access to work areas? - CORRECT ANSWER -The Written Exposure Control Plan
What is the system that provides wage replacement, medical and rehabilitation benefits to workers who are injured on the job? - CORRECT ANSWER -Worker's compensation
A worker must have a wage loss of at least _______ in order to receive any worker's compensation wage loss benefits - CORRECT ANSWER -One week
Who cannot be covered under a workers' compensation policy? - CORRECT ANSWER -- A sole proprietor that operates as an independent contractor
What should you be sure a subcontractor has before hiring them? - CORRECT ANSWER -- A workers' compensation policy OR
Before hiring a subcontractor that has a workers' compensation exclusion form, what additional form should you have them fill out to reduce your liability? - CORRECT ANSWER -A Subcontractor Release and Waiver of Liability Form
Workers' Compensation related to a death shall include _____% of the after tax weekly wage of the employee to be paid to dependents who were wholly dependent upon the employee's earnings. Such payment shall continue for _____ weeks from date of death. - CORRECT ANSWER -80% / 500 weeks
Which type of insurance protects the construction project and materials form external forces and has endorsements that can be added to include protection against fire, wind, storms, vandalism and "acts of God." - CORRECT ANSWER -All risk builders insurance
What type of insurance provides added risk protection to an employer who has an employee injured or killed in a related construction accident? This is over and above the worker's compensation insurance. - CORRECT ANSWER -Employer's liability insurance
Who has the obligation to ask for and receive copies of all required insurance policies from the subcontractors insurance provider? - CORRECT ANSWER -The general contractor
What are key ideas to developing a marketing plan essential for a company's growth? - CORRECT ANSWER -- determine your personal strengths and weaknesses and those of your business
How can you promote the name of your company with the public? - CORRECT ANSWER -- jobsite signs
What type of bond guarantees that the contractor will complete the contracted project for the estimate sum? This bond is usually for 100% of the contract sum. Should the contractor default then the bonding company will provide for completion of the project. - CORRECT ANSWER -Performance bond
How do you establish trust with a client? - CORRECT ANSWER -By doing what you say you will do
How do you establish trust with your employees? - CORRECT ANSWER -- ask for input
What are the resources you have to promote your business? - CORRECT ANSWER -Time and money
How do you take time to promote your business? - CORRECT ANSWER -- attend community events
In what ways can you monitor previous clients? - CORRECT ANSWER -- call backs
A good business card should: - CORRECT ANSWER -Be readable for all ages and include a website
A quality company brochure should stress your company's: - CORRECT ANSWER -Professionalism and integrity
A professional presentation folder should include: - CORRECT ANSWER -- pictures of work you have completed
Get involved with public affairs through: - CORRECT ANSWER -- chambers of commerce
_______ is a key element in any business. The use of consultants, trade organizations, and continuing education courses can aid in reaching your intended goals - CORRECT ANSWER -Marketing
Which type of mortar has high compression strength, is very good for below grade use, foundations, sewers, retention walls and maintains strength in severe frost, wind, and soil pressure? - CORRECT ANSWER -Type M
Placement of mortar should be done during temperatures between ____ degrees and ____ degrees Fahrenheit. - CORRECT ANSWER -70 / 100
With regard to mortar, addition of sand ________ compression strength. - CORRECT ANSWER -Increases
In mortar construction, how many standard bricks are required to cover 1 square foot of wall area? - CORRECT ANSWER -
MIOSHA Part 2 deals with the rules related to masonry walls exposed to winds. Which of the following is required? - CORRECT ANSWER -- restricted zones for walls greater than 8 feet (height of wall + 4 feet)
An example of prestressed concrete is: - CORRECT ANSWER -A double T as used in parking garages
Of the 5 types of cement, which is the most commonly used? - CORRECT ANSWER -Type 1 for general use
In coarse aggregate such as pea stone and gravel that ranges in size due to required specifications, what is generally the maximum size? - CORRECT ANSWER -1 1/2 inches or less
Ready mixed concrete should be totally discharged from the truck within _____ hours of being mixed - CORRECT ANSWER -1 1/2 hours
This type of footing is used over soil which has poor load bearing capacity and will generally cover the entire foot print of the structure - CORRECT ANSWER -A mat footing
Splices in rebar should not be less than ____ overlaps - CORRECT ANSWER -12 inches
In concrete, saw cut control joints should be made within ______ hours of placement. - CORRECT ANSWER -4 - 12 hours
The temperature of concrete should be maintained at ____ degrees for 5 days in cold weather conditions. - CORRECT ANSWER -
Space trusses to within + or - ____ - CORRECT ANSWER -1/4 inch
Lateral bracing (long 2x4 12 footers) are supposed to be located in: - CORRECT ANSWER -The upper 1/3 of the truss area
What is the act to prescribe and regulate working conditions: to prescribe the duties of employers and employees as to places and conditions of employment? - CORRECT ANSWER -Michigan Occupational Safety and Health Act 154 of 1974
It is the duty of the employer to: - CORRECT ANSWER -Recognize hazards likely to cause death and/or serious harm
Who shall administer and enforce the provisions of the Michigan Occupational Safety and Health Act? - CORRECT ANSWER -The Department of Labor (LEO)
An employer who willfully or repeatedly violates the Michigan Occupational Safety and Health Act, may be assessed a civil penalty of not more than $_________ for each violation. - CORRECT ANSWER - $124,709
An employer shall develop, maintain, and coordinate with employees an accident prevention program, a copy of which shall be available at the worksite and shall include: - CORRECT ANSWER -- instruction to each employee who is required to handle or use poisons, toxic materials, caustics, and other harmful substances
An employer shall not permit any of the following: - CORRECT ANSWER -- the use of damaged or defective machinery, tools, materials, or equipment that could create a hazard
A supply of ______ shall be available to employees in all places of employment - CORRECT ANSWER - Potable water
The top guardrail must be located at a height of ______ from the walking/working surface - CORRECT ANSWER -42" +/- 3"
Certification of head protection requires: - CORRECT ANSWER -A class A, B, C helmet
What is a device that makes instantaneous forced-entry fastenings into construction materials through the use of a fastener and an explosive load? - CORRECT ANSWER -Powder-actuated tool
What is a narrow strip of wood or other soft material which has a notch or sharp point on one end and which is used to push material through the point of operation of a cutting tool? - CORRECT ANSWER - Push stick
Air pressure at the discharge end of a portable air gun or hose used for cleaning shall not exceed ____ pounds per square inch (psi) - CORRECT ANSWER -30
What type of a fire is fueled by wood, cloth, paper, rubber and plastics? - CORRECT ANSWER -Class A fire
Each employee on a walking/working surface with an unprotected side or edge which is 6 feet or more above a lower level shall be protected from falling by the use of either: - CORRECT ANSWER -- guardrail systems
Personal fall arrest systems, when stopping a fall, shall: - CORRECT ANSWER -- limit maximum arresting force on an employee to 1800 LBS when used with a body harness
When mechanical equipment is being used, the warning line shall erected not less than ____ feet from the roof edge which is parallel to the direction of mechanical equipment operation, and not less than ____ feet from the roof edge which is perpendicular to the direction of mechanical equipment operation
Falling object protection shall comply with the following provisions: - CORRECT ANSWER -- toeboards, when used as falling object protection, shall be erected along the edge of the overhead walking/working surface for a distance sufficient to protect employees below
A ladder shall be provided at all personnel points of access if there is a break in elevation of ___ inches or more and if a ramp, runway, sloped embankment, stairway, or personnel hoist is not provided - CORRECT ANSWER -19
A job-built ladder shall not be more than ___ feet in length - CORRECT ANSWER -24
Heavy-duty scaffold means a scaffold that is designed and constructed to carry a working load of not more than ____ pounds per square foot - CORRECT ANSWER -75
A scaffold and its components shall be capable of supporting, without failure, not less than ___ times the maximum intended load - CORRECT ANSWER -4
A guardrail shall be installed on any open side or end of a scaffold work platform that is ___ or more feet above the floor or ground - CORRECT ANSWER -10
Pump jack brackets, braces, and accessories shall be fabricated from metal plates and angles. Each bracket shall have ___ positive gripping mechanisms to prevent any failure or slippage - CORRECT ANSWER -2
A ladder jack scaffold shall be used only for light duty on type I manufactured ladders at heights not more than ___ feet from the ground or floor level - CORRECT ANSWER -20
What is a coarse grained soil that does not possess cohesion but derives its strength from internal friction? - CORRECT ANSWER -Granular soil
When should an ongoing inspection of an excavation or trench shall be made by a qualified person? - CORRECT ANSWER -After every rainstorm or other hazard-producing occurrence
What is a clay-type soil that has an unconfined strength of less than 1.0 ton per square foot? - CORRECT ANSWER -Soft clay soil
According to MIOSHA Injury and Illness Reporting, when are you required to report an injury or illness? - CORRECT ANSWER -When you have more than 10 employees or when specifically requested by MIOSHA
Which are purposes of accounting? - CORRECT ANSWER -- reduce overhead
What is a benefit to using a business credit card? - CORRECT ANSWER -Great way to track purchases and monthly statements are provided
There are two basis for accounting, what are they? - CORRECT ANSWER -Cash and accrual
What is the amount of assets remaining after all liabilities are paid off? (The true ownership value) - CORRECT ANSWER -Equity
Assets minus all liabilities equals what? - CORRECT ANSWER -Net worth
These are called the books of ORIGINAL entry and include as much information as possible recorded with each transaction: - CORRECT ANSWER -Journals
These are called the books of FINAL entry and include a summary of information from the journals: - CORRECT ANSWER -General Ledger
Financial ratios that are calculated for comparison purposes and are used to make business decisions are called: - CORRECT ANSWER -Financial statement analysis
What is considered a good current ratio? - CORRECT ANSWER -2 to 1
The IRS Form ____ is used to indicate any payment made to a subcontractor (not employee) for the previous year. It is given by a general contractor or business owner and must be given to the subcontractor no later than January 31 of the following year. - CORRECT ANSWER -1099
Shingles and siding are sold by the square, a square equals: - CORRECT ANSWER -100 square feet
To determine the unknown length of a triangle, use the formula: - CORRECT ANSWER -a^2 + b^2 = c^2
To estimate gable siding, use the formula: - CORRECT ANSWER -1/2 base x height
The greater the pitch, the ______ the rafter has to be - CORRECT ANSWER -Longer