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Association of Legal Administrators CLM Exam: Study Guide Final Exam

Free Practice Test Instructions:

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

Question 1 1. How many hours must have an employee worked during a 12 month period before being eligible for FMLA leave?

Question 2 2. Select the statement that best describes the Family Medical Leave Act (FMLA).

Question 3 3. What is used to establish the damage cap a plaintiff may demand of the company in either punitive or compensatory damages?

Question 4 4. Identify the statement that best describes a disabled individual within the meaning of the ADA.

Question 5 5. Which of the following accounts has balance increases when it is debited and balance decreases when it is credited?

Question 6 6. Which accounting system is based on the duality principle?

Question 7 7. Which of these describes the purpose of planning?

Question 8 8. Choose the BEST answer as it relates to the marketing section of the business plan.

Question 9 9. What is a devise?

Question 10 10. When completing the charge and discharge statement, where would you allocate the assets in the estate's inventory?

Question 11 11. Which of the following does a time sheet not include?

Question 12 12.

Robert received his payslip for the month of May 2017 and the following are mentioned:

Salary: $2500

Production Bonus: $100

Sick days: $150

Income tax: $500

Which of the following is NOT a type of compensation?

Question 13 13. Some of the standards for good website navigation are _____ and _____.

Question 14 14. ____ are the statistics we need to determine whether a social media strategy was successful.

Question 15 15. Your retail business has total assets valued at $12,000,000 and earned $975,000 in net sales during the same time period. What is its return on assets?

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Association of Legal Administrators CLM Exam: Study Guide Final Free Practice Test Instructions

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

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