A job contingency starts at $12,000 and $7,450 has been used. What contingency remains?
Correct Answer
B) $4,550.
Remaining contingency is $12,000 - $7,450 = $4,550.
Why This Is the Correct Answer
Remaining contingency is $12,000 - $7,450 = $4,550.
Why the Other Options Are Wrong
Option A: $3,550.
$3,550. is below the supported result for contingency calculation; it likely uses the wrong base, period, or account bucket.
Option C: $7,450.
$7,450. is above the supported result for contingency calculation; it likely adds an unsupported amount or compares the wrong financial base.
Option D: $19,450.
$19,450. is above the supported result for contingency calculation; it likely adds an unsupported amount or compares the wrong financial base.
Memory Technique
Remaining and dollars live in different drawers; Tracking Construction tells which opens.
Reference Hint
Study anchor (closed-book): memorize Contingency calculation from CSLB Law and Business Study Guide; CSLB 2026 Law Book / CSLB Law and Business Study Guide Business Finances; know the rule or calculation trigger without relying on exam-room lookup.
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