Utah Contractor Practice Exam

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Prepare for the Utah Contractor Exam with comprehensive quizzes and study resources. Gain confidence by accessing multiple-choice questions designed to enhance your knowledge and skills for the licensing exam.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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What can be inferred about the stick-by-stick method for estimating costs?

It is time-consuming but accurate
It is only suitable for small jobs
It ignores market price fluctuations
It is outdated and rarely used

The correct answer is: It is time-consuming but accurate

The stick-by-stick method for estimating costs is known for its thoroughness, as it involves evaluating each individual component or element of a construction project. This process meticulously accounts for all materials and labor required, leading to a high level of accuracy in the cost estimation. While it does take a considerable amount of time to analyze each item in detail, the precision it offers makes it a valuable method, particularly in complex projects where accurate budgeting is crucial. This method is often favored when the specifics of a project must be tightly controlled, reflecting why it is characterized as both time-consuming and accurate. The other options reflect aspects that do not align with the characteristics of the stick-by-stick method, such as its applicability to project size, its adaptability to market conditions, and its relevance in modern practices.