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Certificates and Payments Quiz

Authored by Muhammad Nasrol Jamal

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University

Certificates and Payments Quiz
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35 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does a payment certificate state?

The amount that the Employer should pay the Contractor

The amount that the Contractor should pay the Employer

The amount of work completed

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the general procedure for payments?

Contractor applies, CA certifies, Employer pays

Employer pays directly to the Contractor

CA certifies, Contractor applies, Employer pays

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is advance payment?

Payment made upon signing of the contract

Payment made at the end of the project

Payment made during the project

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a certificate?

Formal expression of the CA’s opinion

A document for payment

A contract agreement

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does an interim certificate show?

The amount of work properly carried out

The total cost of the project

The final payment due

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of interim payments?

To assist the Contractor’s cash flow

To finalize the project

To reduce costs

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the interim certificate state?

The amount due to Contractor from the Employer

The total project cost

The amount of materials used

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