Florida Business and Finance Free Practice Exam

Pass your Florida Contractor License Exam with Confidence

Ready to conquer the Florida Business and Finance Exam? Test your knowledge with our free practice assessment that mirrors the actual Pearson Vue exam experience. In just 30 minutes, tackle 10 questions selected from our bank of over 40 carefully crafted questions. Identify your strengths and pinpoint areas needing improvement before exam day. Don’t leave your license to chance—prepare strategically and boost your confidence with real exam conditions. Take our free practice test today and get one step closer to launching your Florida business career!

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Why Studying PDFs Isn't Enough for Your Florida Business and Finance Exam

Have you ever spent hours reading through study materials only to freeze up when the actual test timer starts ticking? The Florida Business and Finance Exam isn’t about memorization—it’s about navigation speed. Since it’s an open-book test, your success hinges on knowing exactly where to find information in your reference materials when those Pearson VUE screens are staring back at you. Most contractors fail not because they don’t understand the content, but because they can’t locate answers quickly enough under pressure.

Experience the Real Thing: 25 Free Practice Attempts

Why settle for static PDFs when you can practice with the actual exam format? Our practice tests mirror the exact Pearson VUE interface you’ll face on test day—10 carefully selected questions with a strict 30-minute timer. That’s the same 3-minutes-per-question pace you’ll need to master. Unlike generic study guides, our system replicates the testing environment down to the smallest details. Choose between fast-paced quizzes for targeted practice or full-length simulations to build stamina. And the best part? You get 10 free attempts to perfect your approach.

Proven Benefits That Lead to Your Contractor License

The advantages of our Florida Business and Finance Exam practice tests extend far beyond basic preparation:

  • Develop critical time management skills to answer all questions within limits
  • Learn precisely which sections of reference books to check first for common topics
  • Build muscle memory for navigating dense financial management and contract law materials
  • Identify knowledge gaps in business organization and project management before they cost you points
  • Reduce test anxiety through repeated exposure to authentic exam conditions

Real Success Stories from Florida Contractors

“I was stuck at 68% for weeks using only textbooks,” shares Michael from Jacksonville.

“After just seven attempts with these practice exams, I passed with a comfortable 82%.”

Similar testimonials come from contractors throughout Florida—from Pensacola professionals who appreciated the realistic timing to Miami entrepreneurs who credit their licenses to consistent practice. The data speaks for itself: contractors who complete at least five of our practice tests see an average score improvement of 15-20%, often making the difference between frustration and celebration.

Your Contractor Future Starts With One Practice Test

Ready to join the ranks of successful Florida contractors? Don’t leave your business dreams to chance when the 70% passing threshold is within reach. Take advantage of your 10 free practice attempts today and develop the specific skills that the Florida Business and Finance Exam demands. Remember, this assessment isn’t just another hurdle—it’s a stepping stone to your contracting career. Start practicing now and transform that pre-exam anxiety into confidence. What are you waiting for? Your first practice test is just a click away!

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Welcome to Your Florida Business & Finance Free Practice Test

Ready to boost your confidence for the business portion of your contractor's exam? You're about to experience a focused practice session designed by successful Florida contractors who've been exactly where you are now.

Exam Details

Time Limit
30 minutes
Questions
10 randomly selected
Question Bank
40 unique questions

Test-Taking Tips

Use your time wisely - Just 3 minutes per question
Not sure about an answer? Use the bookmark feature to flag questions for review
Cost per attempt: 10 Free Attempts
Format: Open book, just like the real exam

Ready to start building your path to success? Click "Start" when you're ready to begin.

What Makes This Practice Test Valuable:

Questions crafted by licensed Florida professionals

Current Florida business regulations

Real scenarios you'll encounter on exam day

The number of attempts remaining is 10

Please enter your following information to get started:

1 / 10

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How long does a claim of lien last?

2 / 10

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With respect to an applicant for a certificate, the initial certification fee and the renewal fee shall not exceed ______________

3 / 10

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Nylon ropes should only be used in which of the following?

4 / 10

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The IRS is made aware of new employees _____

5 / 10

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The contractor shall submit to the architect an itemized application for payment for operations completed in accordance with the schedule of values at least _____days before the date established for each progress payment.

6 / 10

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According to Florida Construction Lien Laws, which of the following is considered an improper payment by an owner to a contractor?

7 / 10

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Failure of a licensee to renew before a license expires shall cause the license to become _________.

8 / 10

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ABC construction has current assets of $250,000, total assets of $300,000, total liabilities of $65,000 and short-term liabilities of $50,000. What is the value of its long term (other) assets?

9 / 10

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A laborer begins employment with your company in September of 1990. He quits in July of 1991. The I-9 form must be retained as a record until which of the following dates?

10 / 10

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The subcontractor shall not assign or subcontract without the consent of the .

Results Calculated By CPE Florida Business and Finance Exam - Free Practice

Your score is

The average score is 52%

0%

Prepare for the Pearson Vue Florida Business and Finance Exam

Get 25 Free Practice Tries

Pursuing a contractor license in Florida requires clearing several hurdles, with the Florida Business and Finance Exam standing as a critical milestone. This examination assesses your understanding of business operations, financial management, and legal compliance essential for running a successful contracting business in the state. Whether you’re aiming to become a general contractor, specialty contractor, or any other licensed professional in the construction industry, this exam is a non-negotiable step on your path to licensure.

The stakes are high, but preparation doesn’t have to be overwhelming. With our realistic practice exams mirroring the Pearson Vue testing environment, you can develop the specific skills needed to navigate this open-book assessment efficiently. We’re offering 10 free practice attempts to help you master the timing, format, and content before sitting for the actual exam.

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Last Updated: March 8, 2025
Practice for your Pearson Vue Florida Business and Finance Exam
Who Needs to Pass the Florida Business and Finance Exam?

Who Needs to Pass the Florida Business and Finance Exam?

The Florida Business and Finance Exam is mandatory for individuals seeking a Florida contractor license in most categories, including general, building, residential, roofing, electrical, plumbing, and more. Whether you are a first-time test taker or need to retake the exam, passing this test is an important step in your licensing journey.

Why is This Exam Important?

  • It ensures that contractors understand essential business management and financial principles.
  • It is a state requirement to operate legally as a licensed contractor.
  • A passing score demonstrates your ability to manage contracts, bookkeeping, and legal compliance effectively.
How Long is the Florida Business and Finance Exam?

The Florida Business and Finance Exam is a 6.5-hour open-book test administered by Pearson Vue. Candidates must complete 120 questions, covering topics such as project management, financial planning, and risk management.

Although the test is open-book, time is limited, and searching for answers in multiple references can be challenging. Practicing with a time-restricted format helps improve speed and accuracy, making test day less stressful.

What Books Should You Bring to the Exam?

Since this is an open-book exam, knowing how to navigate your books efficiently is crucial. The Florida Business and Finance Exam allows candidates to bring the following references:

  1. Florida Contractors Manual – The primary resource for exam questions.
  2. AIA Documents (A201, A401, A701) – Essential for understanding contract administration.
  3. Florida Statutes Chapter 455 – Covers regulations affecting construction licensing.
  4. Builders Guide to Accounting – A key resource for financial-related questions.
  5. Other State-Approved Reference Books – Additional sources recommended by the Florida Construction Industry Licensing Board.

Since you only have three minutes per question, learning how to quickly locate the right information within these books is essential. Our free practice tries will help you develop this skill.

What Are Some Questions That Might Be on the Exam?

The exam covers a wide range of business and finance-related topics. While questions vary, here are a few sample topics you might encounter:

  • Financial Management: Understanding balance sheets, profit and loss statements, and cash flow management.

  • Business Regulations: Knowledge of Florida construction laws, liens, and licensing requirements.

  • Project Management: Scheduling, estimating costs, and contract administration.

  • Construction Accounting: Identifying different accounting methods, payroll requirements, and financial ratios.

  • Risk Management: Insurance requirements, liability, and workers’ compensation policies.

Practicing with our free 10-question tests will familiarize you with similar question types and help you improve your ability to locate answers efficiently.

Where is the Florida Business and Finance Exam Taken?

The Pearson Vue Florida Business and Finance Exam is administered at Pearson Vue testing centers across Florida and other states. To register for the exam, visit Pearson Vue’s official website, select a testing location, and schedule a date that works for you.

What to Expect on Exam Day

  • Arrive Early: Plan to arrive at least 30 minutes before your scheduled time.

  • Bring the Approved Books: Ensure you have all the necessary reference materials.

  • Follow Testing Center Guidelines: Personal items, including electronic devices, are not allowed.

  • Use Your Time Wisely: You will have three minutes per question, so practice beforehand to maximize efficiency.

Why Practice Tests Are Essential for Success

With only 3 minutes per question and multiple reference books to navigate, time management becomes the critical factor in passing the Florida Business and Finance Exam. Here’s why our practice tests give you a significant advantage:

  1. Realistic Time Pressure: Experience the actual 3-minute-per-question pace that challenges many applicants.
  2. Interface Familiarity: Practice with a system that mimics the actual Pearson VUE testing environment.
  3. Reference Navigation Skills: Learn exactly which books contain information on specific topics and develop efficient search strategies.
  4. Question Pattern Recognition: Begin to recognize common question formats and know instantly which references to consult.
  5. Confidence Building: Transform anxiety into confidence through repeated exposure to exam conditions.

Our data shows that candidates who complete at least 5-10 practice tests see significant improvement in their scores, often moving from failing grades (below 70%) to comfortable passing scores (75-85%).

How Our Practice Tests Work

Our free practice exam system offers flexibility to fit your preparation style:

  1. Choose from 10 free practice attempts
  2. Each test presents 10 questions randomly selected from our bank of 40 questions
  3. Complete the test within the 30-minute time limit
  4. Receive immediate scoring and feedback
  5. Review correct answers with explanations
  6. Track your progress over time

This approach allows you to focus on improving both your knowledge and your time management skills simultaneously—the two critical components of success on this open-book exam.

Start Your Florida Contractor License Journey Today

The Florida Business and Finance Exam represents a significant step toward your contractor license and professional future. While the test is challenging, proper preparation makes all the difference between frustration and success.

Take advantage of our 25 free practice attempts to develop the specific skills needed for this unique exam format. Each practice session brings you closer to confidently navigating reference materials within the tight time constraints, ultimately helping you achieve that critical 70% passing score.

Don’t leave your professional future to chance. Start practicing today and transform the Florida Business and Finance Exam from an obstacle into a stepping stone on your path to becoming a licensed Florida contractor.

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