A Cocoa Beach residential file shows payments received of $88,000 and documented work value of $92,500. What status should the compliance log show?
Correct Answer
C) work value adequate
Construction-funds compliance should compare payments received with documented work value.
Why This Is the Correct Answer
Construction-funds compliance should compare payments received with documented work value.
Why the Other Options Are Wrong
Option A: tax direct purchase discipline response log
tax direct purchase discipline response log does not follow the measured scope, unit conversion, allowance, coverage, or final rounding required for funds-handling status.
Option B: NOC content issue compliance status file
NOC content issue compliance status file does not follow the measured scope, unit conversion, allowance, coverage, or final rounding required for funds-handling status.
Option D: qualifier update regulatory calendar entry
qualifier update regulatory calendar entry does not follow the measured scope, unit conversion, allowance, coverage, or final rounding required for funds-handling status.
Memory Technique
Measure to construction-funds, adjust for compliance, then let Business Manager set the finish line.
Reference Hint
Open-book path: tab Florida Statutes Chapter 489 to Section 489.126, Moneys received by contractors; verify the Florida rule, deadline, or compliance record before answering.
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