A Tampa lienor last furnished labor or materials 90 days ago and is considering a claim of lien. What timing status applies?
Correct Answer
A) record within period
A Florida claim of lien is tied to the statutory period after final furnishing.
Why This Is the Correct Answer
A Florida claim of lien is tied to the statutory period after final furnishing.
Why the Other Options Are Wrong
Option B: serve notice to proceed
serve notice to proceed puts the item in the wrong financial bucket, timing, base, or comparison for claim of lien timing.
Option C: file bid protest
file bid protest puts the item in the wrong financial bucket, timing, base, or comparison for claim of lien timing.
Option D: renew business tax receipt
renew business tax receipt puts the item in the wrong financial bucket, timing, base, or comparison for claim of lien timing.
Memory Technique
Checks Lien-Recording money test: bucket before math for claim of lien.
Reference Hint
Open-book path: tab Florida Statutes Chapter 713 to Section 713.08, Claim of Lien recording period; confirm the Florida statutory or Department of Revenue rule before answering.
More Business & Finance Questions
The Cedar Key subcontract closeout file requires 44 final releases, and 31 have been received. How many releases are missing?
A Florida GC prepaid $18,000 for annual insurance and expenses it evenly by month. After 7 months have expired, what prepaid asset remains?
The West Miami system access list starts with 22 active users, adds 4, and removes 7. How many active users should remain?
The Winter Park bank review shows a bank balance of $124,600, book balance of $119,400, and known timing items of $3,200. What unexplained difference remains?
The Riverview bank review shows a bank balance of $87,500, book balance of $90,400, and known timing items of $1,600. What unexplained difference remains?
A Satellite Beach contractor had 4 separations during the quarter and an average headcount of 32. What turnover rate should HR report?
A Winter Park startup budgets monthly overhead of $61,500 and wants a 4-month operating reserve. What reserve should be funded?
A Royal Palm Beach customer account has unpaid approved invoices of $126,000. Company policy requires review when unpaid invoices exceed $100,000. What status applies?
A Wildwood contractor had 9 separations during the quarter and an average headcount of 60. What turnover rate should HR report?
A Clermont field group had 64 absence hours out of 1280 scheduled hours. What absence rate should be reported?
People Also Study
Related Study Resources
Previous Question
A Port Orange labor code posts $86,600 of payroll. The workers' compensation manual rate is $6.85 per $100 of payroll. What premium should be accrued?
Next Question
The Oldsmar retainage receivable begins at $58,400. Current billing is $426,500 with 5% retainage, and $15,000 retainage is released. What ending retainage receivable remains?