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Business & FinanceAdminmedium26% of exam part

The Wellington retainage file shows this issue: owner release received but not posted. Which administrative response is most appropriate?

Correct Answer

D) retainage posting follow-up

Retainage administration should reconcile release eligibility, amounts, and posting status before payment is closed.

Answer Options
A
submittal sample label
B
vehicle lease contract
C
meeting room sheet
D
retainage posting follow-up

Why This Is the Correct Answer

Retainage administration should reconcile release eligibility, amounts, and posting status before payment is closed.

Why the Other Options Are Wrong

Option A: submittal sample label

submittal sample label skips the written authority, scope, price, notice, or release control needed for retainage control.

Option B: vehicle lease contract

vehicle lease contract skips the written authority, scope, price, notice, or release control needed for retainage control.

Option C: meeting room sheet

meeting room sheet skips the written authority, scope, price, notice, or release control needed for retainage control.

Memory Technique

Administrator Manages shortcut is not a term until paper carries it.

Reference Hint

Open-book path: tab Contractor's Manual, 2025 to Business Administration, Retainage Tracking and Release Records; use the stated business record or control rule to verify the answer.

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