How many questions are on the Florida GC Business & Finance section?

The Business & Financial Management section has 120 questions and a 6.5-hour time limit. You need 70% to pass. It is the longest of the three Florida GC exam parts.

Is the Business & Finance section open-book?

Yes — like the rest of the Florida GC exam, you can bring approved reference books. Tabbing your books before exam day is critical because the section's volume of accounting and tax questions makes lookup speed a major time-saver.

What's the highest-weight topic in Business & Finance?

Conducting Accounting Functions at 32% (38 questions) — accounts receivable/payable, cash flow, tax filing, cost tracking, and payroll. Managing Administrative Duties is second at 26% (31 questions).

Florida GC · Business & Finance

Florida Contractor Business & Finance Practice Test

120 questions covering business setup, accounting, payroll, taxes, contract law, and Florida regulations. Drill the highest-weight content areas first to maximize your study ROI.

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Last verified May 10, 2026·Sources:Florida DBPR / CILB·Pearson VUE candidate bulletin

About this section

Company organization, administrative duties, accounting, HR, and government regulations for Florida contractors.

Questions

120

Time limit

7h 30m

Passing score

70%

What you'll be asked

The Business & Finance section blends conceptual recall, math, and reference-lookup questions. Knowing the format up front makes practice more efficient.

Accounting & math

Cost-to-complete, payroll burden rates, FICA/FUTA, working capital ratios — bring your calculator.

Florida statutes

Ch. 455, 489, 713 lien law and FAC 61G4 — open-book, but you need to know which book.

Scenario administration

Bid evaluation, change orders, OSHA recordkeeping — pick the right action under pressure.

Practice by topic

Each weighted content area below maps to its share of the 120-question section. Click in to drill into questions on that topic.

Establishing the Contracting Business

11% · 13 Qs

Business organization, planning, insurance, fixed assets, and professional relationships.

Managing Administrative Duties

26% · 31 Qs

Business development, overhead (FICA/FUTA/SUTA/WC), bidding, procurement, invoicing, safety plans, contract management.

Managing Trade Operations

10% · 12 Qs

CPM scheduling, OSHA records, material procurement, equipment management, inventory.

Conducting Accounting Functions

32% · 38 Qs

Accounts receivable/payable, cash flow, tax filing, cost tracking, payroll calculation.

Managing Human Resources

6% · 7 Qs

Hiring, personnel policies, employee evaluations, discrimination law.

Complying with Government Regulations

15% · 18 Qs

OSHA, FEMA, NPDES, Florida Statutes Ch.455/489/713, FAC 61G4, continuing education.

Business & Finance pre-exam checklist

Tab Florida Statutes Ch. 455, 489, and 713 — these get cited in lien-law and discipline questions repeatedly.
Memorize the FICA / FUTA / SUTA / WC employer-side burden rates and how to apply them to a project payroll.
Practice working-capital and cost-to-complete ratios until you can do them in under 60 seconds without a calculator misstep.
Skim AIA contract clause definitions — at least know GMP vs lump-sum vs cost-plus by name and risk profile.
Take at least one full-length timed Business & Finance practice run before exam day.

AI explanations on every question

Every miss comes with a plain-English explanation that names the rule, the trap, and where to look it up next time.

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Wrong-book auto-builds itself

Every question you miss queues into your Wrong Book for spaced-repetition review until you nail it.

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Ready for the full Florida GC plan?

Business & Finance is one of three parts. The full Florida General Contractor exam covers Business & Finance, Contract Administration, and Project Management — get a personalized study plan that targets your weakest areas across all three.

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