Practice, not the exam
BOQ, estimating and budget: practice quiz
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1. In Zeyto Construction & Contracting, the BOQ is:
2. Sell amount of an item is:
3. Which is NOT one of the six cost natures?
4. The Category Master is:
5. At which BOQ state does the baseline become unchangeable except by variation order?
6. After the BOQ is locked, a sell rate can be edited directly on the item.
7. A budget version can be edited only when it is:
8. The BOQ of five items has sell amount AED 518,000 and cost amount AED 410,350. What is the planned margin?
9. A tile has a unit price of 40.00 and a wastage of 5%. In the build-up, what unit cost does 1 m2 of tile carry?
10. Per 1,000 m2, direct cost is material 48,000 and labour 10,000, with risk 2% and escalation 1%. What is the cost after allowance?
11. Cost is AED 61,000, overhead 8% and profit 10%. The sell price before rounding is:
12. Why does the sell amount in the example (72,470.00) differ from 72,468.00?
13. Which are shared as adders over the included items of an estimate?
Select all that apply.
14. Which statements are true when a tender is won and the award is pressed?
Select all that apply.
15. A budget transfer between two items:
16. Item W2: budget AED 80,000, actual 30,000, open commitments 25,000. How much is available to transfer?
17. A variation adds AED 100,000 to the contract and AED 85,000 to the budget. What is the new budget if it was AED 1,700,000?
18. What does the first approved baseline budget do after later revisions are approved?
19. A forecast snapshot, once confirmed, can still be edited.
20. A subcontractor quote has price 100,000 plus retention terms and a labour camp charge. How should it be compared with others?
21. A variation of AED 100,000 costs AED 95,000 to deliver. What is its margin on sell?
22. Which of the following are non-posting (never write to the ledger)?
Select all that apply.