Land zoned for use as the site for multi-family residential developments (such as apartment buildings) would be denoted as:

A: A-4;
B: C-4;
C: R-3;
D: M-3.

Answer: C: R-3;

Business

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Kurt is an active duty serviceman who was recently killed in an accident while home on leave. Which military service exclusion clause would pay upon his death?

A) Active B) Status C) Results D) Leave

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The principle advantage of the completed-contract method in accounting for longterm construction contracts is that reported income is based on final results rather than on estimates of unperformed work.

a. true b. false

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