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Business & FinanceAdminmedium26% of exam part

A Largo subcontractor certificate expires in 18 days. Company procedure requires renewal review 30 days before expiration. How many days late is the renewal review?

Correct Answer

A) 12 days

The late amount is the required review lead time minus the days remaining to expiration.

Answer Options
A
12 days
B
18 days
C
30 days
D
48 days

Why This Is the Correct Answer

The late amount is the required review lead time minus the days remaining to expiration.

Why the Other Options Are Wrong

Option B: 18 days

18 days is above the supported result for insurance renewal calendar; it likely adds an unsupported amount or compares the wrong financial base.

Option C: 30 days

30 days is above the supported result for insurance renewal calendar; it likely adds an unsupported amount or compares the wrong financial base.

Option D: 48 days

48 days is above the supported result for insurance renewal calendar; it likely adds an unsupported amount or compares the wrong financial base.

Memory Technique

Late and review live in different drawers; Administrator Audits tells which opens.

Reference Hint

Open-book path: tab Contractor's Manual, 2025 to Business Administration, Insurance Renewal Logs; confirm the administrative procedure and required supporting record.

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