In Year 1 a Contractor Agrees to Build a Building

question 41

Multiple Choice

In year 1 a contractor agrees to build a building for $2,500,000 by the end of year 2.The builder's cost is estimated to be $1,800,000.The actual costs year 1 are $900,000 and year 2's actual costs are $1,300,000.Under the completed contract method,the gross profit for year 1 is

• A)$0.
• B)$300,000.
• C)$350,000.
• D)$700,000.

Identify the different leadership behaviors (directive, supportive, participative, achievement-oriented) and their appropriate use cases.

Recognize the impact of follower perception (internal vs. external locus of control) on the effectiveness of leadership styles.

Distinguish between follower needs and the appropriate leadership response according to Path-Goal Theory.

Comprehend the role of situation factors (task structure, follower capability) in determining the most effective leadership style.

---

Definitions:

Load

In mechanical and structural engineering, a load is the force or weight supported by a structure or component.

Fulcrum

The support about which a lever pivots in physics, or a point of support that allows a lever to lift an object more easily.

Neurons Innervating

Refers to neurons that connect to and control the function of specific organs, muscles, or other neurons by transmitting nerve impulses to them.

Muscle Cells

Specialized cells that contract and relax to produce movement in the body, also known as myocytes.