oDesk readiness test answers 2012

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Hi guys, many of my visitors are facing difficulty with odesk.com readiness test answers. Few oDesk readiness test questions have been changed. Hence they want the immediate solution of these questions. Bellow the questions and answers of 2012, the under line sentences are correct answers:

Questions : Which of the following actions are NOT allowed when applying to job postings?

  a. Misrepresenting your skills, experiences, portfolio, etc.
  b. Submitting boilerplate, placeholder or generic bids or other spam
  c. Disclosing direct contact information
  d. Applying when you are not truly qualified
  e. All of the above (answer)

Questions : Which of the following are NOT permitted on oDesk?

  a. Sharing a single account between multiple people
  b. Opening more than one account on oDesk
  c. Using a logo or clip art as your profile portrait
  d. Using a fake name
  e. All of the above (answer) 

Question: Can I start my own agency on oDesk?

  a. Yes! You can create an agency and earn money by selling the services
  of your agency contractors.(answer)
  b. No, oDesk is for independent contractors only

 Question: What happens when a contract ends?

  a. You lose access to the Work Diary
  b. Both users can leave feedback
  c. The feedback system is double blind, so your employer cannot see the feedback you
  left them until after they have left feedback for you
  d. Hours will be billed (and disputes may be filed) according to the usual weekly payment          schedule
  e. All of the above (answer)

Question: Which of the following are TRUE about your oDesk Work Diary?

  a. Allows employers to see when and what their contractors are working on
  b. Enables automatic billing for hourly contracts
  c. The oDesk Team application auto-tracks time which can be reviewed in the Work Diary
  d. Manual time can be added, but isn't guaranteed payment
  e. All of the above(answer)

Question: Which of the following are TRUE about the oDesk dispute process?

  a. The dispute process only applies to Hourly contracts
  b. If you fail to respond, oDesk will refund the employer and suspend your account
  c. If you reject the dispute, oDesk specialists will review your Work Diary and
  evaluate it against the criteria of the payment guarantee
  d. Disputed hours ruled in the employers favor are refunded
  e. All of the above(answer)

 Question: Which of the following is FALSE about weekly limits on hourly contracts?

  a. Hours in excess of the weekly limit will not be billed to the employer
  b. You should discuss any need to work beyond your limit with your employer
  c. The weekly limit can be changed by the contractor(answer)
  d. The weekly limit can be changed by the employer
  e. Hours in excess of the weekly limit are not guaranteed payment

Question: The oDesk Team application Time Tracker records which of the following

  a. Screenshot of the active screen once per billing segment
  b. Number of keystrokes
  c. Number of mouse clicks
  d. Memo entered by the contractor
  e. All of the above(answer)

Question: Which of the following statements about oDesk fees is FALSE?

  a. The oDesk fee is 10% of the employer's payment to oDesk
  b. oDesk is free to join
  c. oDesk is free for contractors to apply and work on jobs
  d. The oDesk fee is $2/hour for hourly contracts  (answer)
  e. All of the above

 Question: Which of the following is TRUE about fixed-price contracts?

  a. Employer billed automatically each week
  b. How much to pay and when to pay is at the employer's discretion(answer)
  c. Hours worked will show on your profile
  d. Time-tracking required
  e. Qualify for the oDesk payment guarantee

Finally my advise to all of you please read www.odesk.com rules & regulations very carefully about contractors or buyers to achieve grand outsourcing or freelancing success for yourself. Cheers!