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Oklahoma Roofing Business and Law — Practice Exam

What This Practice Exam Covers

The Oklahoma Roofing Business and Law exam is 50 questions, 120 minutes, passing score 70%. It covers 8 topic areas drawn from business law, financial management, payroll, licensing, and project management — not roofing installation technique.

Two ways to practice here:

Free practice exam — 10 questions per attempt, pulled from a limited pool. No signup wall. Retake it as many times as you want to get a feel for the question style and format before you commit to a full study session.

Full practice exam — 50 questions, 120-minute timer, mirrors the real exam exactly. Questions are drawn from a pool of 456+ items, so each attempt is unique. You won't see the same exam twice. This is the tool to use once you're past orientation and ready to find real gaps.

Start free. When you're ready to test yourself seriously, upgrade to the full exam.

What You'll Be Tested On

Bidding and Estimating — 10 items (heaviest topic)
This is the largest section. Expect calculation questions: swell factors on earthwork quantities, labor burden percentages stacked on base wages, overhead loaded onto direct costs, and markup applied for profit margin. You need to know the quantity take-off method step by step. The exam also tests bid document requirements, what bonds and insurance language must appear, and the ethics rules — bid shopping, bid peddling, and bid rigging are tested as distinct concepts with distinct definitions. Know the difference between square-foot, unit-price, and conceptual estimating methods and when each is appropriate.
Source: Chapter 6, Estimating Framework section, Page 49; Chapter 6, Adding Overhead to the Bid / Add Markup and Determine Profit Margin, Pages 52–53; NASCLA Contractors Guide, Chapter 6 — Ethics in Bidding section

Financial — 8 items
Balance sheet, income statement, and statement of cash flows — know what lives on each one. Financial ratios come up repeatedly: liquidity ratio, quick ratio, debt ratio, and profitability ratios. You'll need to calculate or interpret them, not just name them. Contract accounting methods — completed contract, percentage of completion, and cost comparison — are tested directly. Retainage, progress payments, and accounts receivable management also appear here. Depreciation questions focus on straight-line versus MACRS (accelerated).
Source: NASCLA Contractors Guide, Chapter 13 — Balance Sheet section; Chapter 13 — Quick Ratio section; Chapter 14 — Completed Contract Method section; Chapter 14 — Percentage of Completion Method section

Project Management and Supervision — 7 items
Know the three scheduling methods: calendar, bar chart, and critical path method (CPM). CPM questions often involve float time and critical path identification. Activity duration, contingency time, and task sequencing are tested. Role definitions matter here — superintendent, foreman, and materials expediter have distinct responsibilities. Daily reports versus status reports are separate concepts. Budget tracking and cost overrun identification are also tested.
Source: NASCLA Contractors Guide, Chapter 8 — Critical Path Method section; Chapter 8 — Float Time section; Chapter 8 — Superintendent section; Chapter 8 — Materials Expediter section

Payroll and Payroll Taxes — 6 items
Work through payroll calculation in order: gross pay, mandatory deductions (FICA, federal income tax withholding), then net pay. FICA breaks into Social Security and Medicare — know both rates and the employer match obligation. FUTA liability triggers, the deposit schedule, and Form 940 are tested. Deposit schedule questions test whether a company is a monthly or semiweekly depositor, plus the $100,000 next-day rule. Form W-2, W-4, and W-3 deadlines and distribution rules appear frequently.
Source: NASCLA Contractors Guide, Chapter 14 — Social Security and Medicare Taxes (FICA) section; Chapter 14 — Federal Unemployment Tax (FUTA) section; Chapter 14 — Deposit Schedule section; Chapter 14 — Form W-2 section

Licensing Requirements — 5 items
Oklahoma-specific law. Know registration requirements under the Oklahoma Roofing Contractor Registration Act — application process, required insurance, workers' compensation coverage, fees, and renewal. Endorsement requirements for commercial versus residential roofing are tested separately. Know the exemptions from registration and the prohibited acts. Penalties for operating without valid registration are a real exam topic.
Source: Oklahoma Roofing Contractor Registration Act, Section 1151.5(C); Section 1151.12(A); Section 1151.3(B)

Contracts — 5 items
Five required elements of a binding contract. Contract types: lump-sum, unit-price, cost-plus, turnkey, and fast-track — know what distinguishes each. Change order procedures and what constitutes a material versus immaterial breach. Liquidated damages clauses are tested. Alternative dispute resolution methods — negotiation, mediation, collaborative law, arbitration — appear in their own sequence.
Source: NASCLA Contractors Guide, Chapter 7 — Required Contract Elements section; Chapter 7 — Breach of Contract section; Chapter 7 — Alternative Dispute Resolution section

Labor and Personnel — 5 items
Oklahoma Workers' Compensation coverage requirements — who must be covered and what the prime contractor owes when a sub lacks coverage. Disability benefit types: TTD, TPD, PPD, and PTD — know the compensation rates and the difference between them. Fair Labor Standards Act minimum wage, overtime calculation at 1.5x for hours over 40, and recordkeeping requirements. Prohibited interview questions and lawful hiring practices are also tested.
Source: Oklahoma Workers' Compensation Act, Title 85A, Section 35(A)(2); Nascla Contractors Guide 14th, Chapter 10 — Fair Labor Standards Act section; Chapter 10 — Asking Questions section

Risk Management — 4 items
Insurance types — CGL, BOP, equipment floater, umbrella liability, builder's risk. All-risk versus named-peril builder's risk is a specific distinction the exam draws. Surety bonds: bid bond, performance bond, payment bond — bond language and qualifying criteria. The Miller Act and the Construction Industry Payment Protection Act of 1999 apply to federal and public work respectively.
Source: Nascla Contractors Guide 14Th, Chapter 3 (Managing Risk) — Commercial General Liability (CGL) section; Chapter 3 — All-Risk Builder's Risk Insurance section; Chapter 3 — Miller Act section; Chapter 3 — Construction Industry Payment Protection Act of 1999 section

Worked Sample Questions

Question 1 — Bidding and Estimating

Excavate 5,000 cu yd with 25% swell. How many cubic yards hauled?
A. 5,500   B. 6,000   C. 6,250   D. 6,500

Correct answer: C — 6,250 cu yd

Swell means the material expands when excavated. Multiply bank measure by the swell factor: 5,000 × 1.25 = 6,250 cu yd. This is a straight quantity take-off calculation. The trap is adding 25% of 1,000 or 5,000 incorrectly — work the math before you look at the answers.

Question 2 — Financial

You just completed a large commercial re-roofing project. The general contractor is processing your final payment request. What should your final payment request include in addition to the final payment amount?
A. A copy of the original signed contract
B. A revised bid proposal reflecting actual costs
C. Only the final invoice for labor performed in the last week
D. Any retainages owed from previous progress payments

Correct answer: D — Any retainages owed from previous progress payments

Retainage — commonly 10% — is withheld from each progress payment throughout the project. At closeout, after final inspection and owner acceptance, the contractor is entitled to collect that accumulated retainage with the final payment. Submitting the original contract or a revised bid is not part of this process.
Source: NASCLA Contractors Guide, Chapter 13 — Final Payment section

Question 3 — Project Management and Supervision

At project closeout, final ______ should be obtained from all parties who submitted preliminary notices before the owner releases retainage.
A. Change orders   B. Punch lists   C. Progress reports   D. Lien waivers

Correct answer: D — Lien waivers

Anyone who submitted a preliminary notice — subs, suppliers, laborers — has preserved their right to file a mechanics lien. Before retainage is released, final lien waivers from those parties confirm no future lien claims can be filed. This protects the owner and clears the contractor to collect final payment.
Source: NASCLA Contractors Guide, Chapter 7 — Retainage / Job Closeout section

How to Read Your Score

Passing is 70% — 35 correct out of 50.

Your first practice score is a diagnostic, not a verdict. A score of 55–65% on your first full attempt is common and tells you where the gaps are, not that you can't pass. A score below 50% means the content is still unfamiliar — plan more study time. A score of 65–69% means you're close but not there. Don't test until you're consistently hitting 75%+ on full practice exams.

Use the topic breakdown after each attempt. If you dropped points on Payroll and Payroll Taxes, go back to the FICA rates, deposit schedules, and Form W-2 deadlines — those are the specific items that hit you. If Bidding and Estimating cost you points, run the calculations again by hand.

Scoring well on practice doesn't guarantee the same on the real exam — question phrasing varies. But consistent scores above 75% across multiple unique attempts from the 456+ question pool means you're prepared.

Where Candidates Lose Points

Multi-step calculations without showing work. Bidding and Estimating has 10 items. Questions on labor burden, overhead markup, and profit margin chain multiple steps. Candidates pick the first number that looks right — that's usually a wrong answer set as a trap.

Mixing up benefit types in Workers' Compensation. TTD, TPD, PPD, and PTD have different compensation rates and different definitions. Confusing temporary total with permanent partial is a common error.

Deposit schedule thresholds in Payroll. Monthly versus semiweekly depositor status depends on your lookback period liability. The $100,000 same-day rule is a separate trigger. Candidates who skim this lose easy points.

Contract type definitions. Lump-sum, unit-price, cost-plus, and turnkey are all tested. "Turnkey" and "design/build" are similar but not the same. Read the definitions exactly.
Source: Nascla Contractors Guide 14th, Chapter 7 — Turnkey section; Chapter 7 — Cost-Plus Contract section

Oklahoma-specific licensing rules. The endorsement requirements for commercial versus residential, registration renewal timing, and exemption criteria are Oklahoma law — they won't match other states. Candidates who studied general contractor content and not the Oklahoma Roofing Contractor Registration Act lose points on all 5 licensing items.

Running out of time. 120 minutes for 50 questions is 2.4 minutes per question. The financial ratio and payroll calculation questions take longer. Bank time on the definition questions so you have it when you need it.

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