A contract retains 10% from each approved progress payment….

A contract retains 10% from each approved progress payment. The owner takes one month to review and pay. In month 2, work completed totals $60,000 (excluding profit) of which $35,000 is subcontracted. (2 points each) Contractor cash outflow (expenses) in month 2: [a] Retained amount from the month‑2 bill: [b] When is the retained amount in (b) typically released? [c]

I understand and agree to the exam guidelines: I will keep…

I understand and agree to the exam guidelines: I will keep Honorlock remote proctoring running until I complete the exam. I acknowledge and agree that I will receive a zero for this exam and F for the class if I cheat on this exam.  I will be able to see the video camera running in the top right corner, until I end the Honorlock session. I will stay within the frame of the camera during the exam. I can contact Honorlock for technical support before, during, and after the exam. I am only allowed to use a 8.5 x 11 blank sheet of paper per for calculations, an optional one sided 8.5 x 11 formula sheet, a calculator, pen and pencil – nothing else will be visible. I will not pause, leave or stop the exam. I will complete a 360 degree scan of my room/location and desk area.  The exam results will be available by the end of day on Sunday, October 12th after the Honorlock integrity report is review. Regardless if you select true or false, by continuing this exam you agree to the guidelines of this exam.