Tài chính doanh nghiệpCâu 1197 / 1605
A written, signed change order is important because it:
a.Cancels the original contract
b.Reduces sales tax on the added materials
c.Eliminates the need for a building permit
d.Documents the agreed scope and price change, protecting the contractor's right to be paid
Giải thích
A signed change order records the modified scope, price, and any schedule impact before extra work proceeds. It protects the contractor's right to collect for the additional work and prevents disputes over 'extras.'
Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A contractor estimates a kitchen remodel: cabinets $8,000, countertops $3,500, labor $6,000, and permit $500. He adds a combined 22% for overhead and profit. What is the total price (nearest dollar)?
- A contractor's gross profit is $120,000 and overhead is $95,000. What is his net profit?
- A change order adds $3,200 of direct cost to a job. If the contractor applies his standard 30% markup, how much should the change order add to the contract price?
- A contractor's equipment cost $18,000 and after 3 years of straight-line depreciation (6-year life, no salvage) its book value is:
- A markup that covers BOTH overhead and profit is sometimes called:
- A contractor bills $75,000 on a job. The contract requires 10% retention and the owner also back-charges $1,500 for a utility relocation. How much will the contractor receive on this billing?
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Sen Lin, Người sáng lập PrepPass · Đối chiếu với California CSLB Contractor License Law & Business Exam · Quy trình kiểm tra
Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)