AACE International Certified Cost Professional (CCP) - CCP Exam Questions

QUESTION NO: 1
Develop a CPM method considering the below tasks and logical relationships. Use this information to answer the related questions.

What is the late finish date of activity 50?

QUESTION NO: 2
A used concrete pumping truck can be purchased for $125,000. The operation costs are expected to be $65,000 the first year and increase 5% each year thereafter. As a result of the purchase, the company will see an increase in income of $100,000 the first year and 5% more each subsequent year. The company uses straight-line depreciation. The truck will have a useful life of five (5) years and no salvage value. Management would like to see a 10% return on any investment. The company's tax rate is 28%.
A good description of quantitative data would be as follows:

QUESTION NO: 3
The following question requires your selection of CCC/CCE Scenario 28 (3.7.50.1.7) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
An unbalanced bid methodology can best be used by:

QUESTION NO: 4
The following question requires your selection of CCC/CCE Scenario 6 (2.7.50.1.3) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
What is the relative frequency of unit costs amounting to $55.00/unit?

QUESTION NO: 5
As the leas cost engineer for the XYZ Services Company, you have been requested to provide pertinent for an equipment rental decision. The unit price of the food stuffs varies, but an average unit selling process has been determined to be $0.50 cents and the average unit acquisition cost is $0.40 cents.
The following revenue and expense relationships are predicted:

How many units are required per month to break even?

QUESTION NO: 6
The following question requires your selection of CCC/CCE Scenario 6 (2.7.50.1.3) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
What is the range of estimated quantities?

QUESTION NO: 7
AACE International defines_____________as the primary activity that separates Value Methodology (VM) from other "improvement" practices and has the objective to develop the most beneficial areas for continuing study.

QUESTION NO: 8
A contract clause that provides the owner with the right to terminate the contract irrespective of the general contractor's liability is:

QUESTION NO: 9
Which of the following are used for profitability analysis in a construction company?

QUESTION NO: 10
Which of the lol owing comparisons is commonly used in forensics schedule analysis (FSA)?