Free CCE-CCC Exam Dumps Preview

An agricultural corporation that paid 53% in income tax wanted to build a grain elevator designed to last twenty-five (25) years at a cost of $80,000 with no salvage value. Annual income generated would be
$22,500 and annual expenditures were to be $12,000.

Answer the question using a straight line depreciation and a 10% interest rate.

If $100,000 is needed to purchase a piece of equipment 3 years from now, how much money needs to be invested today assuming a 10% rate of return (rounded to the nearest thousand)?

If you deposit $100 per month for two (2) years and earn interest at 12% APR (Annual Percentage Rate) compounded monthly, how much will you have at the end of the period?

The process of stating goals and determining the most effective way of reaching them is the definition for:

An agricultural corporation that paid 53% in income tax wanted to build a grain elevator designed to last twenty-five (25) years at a cost of $80,000 with no salvage value. Annual income generated would be
$22,500 and annual expenditures were to be $12,000.

Answer the question using a straight line depreciation and a 10% interest rate.

You have been asked to provide ETC information to management. Based on the following information, what is the ETC?
Original Budget = $9,000,000
Actuals to date = $3,513,000

Current estimate at completion = $10,613,000
Actuals for current month = $1,200,000

What is a basic element of work or a task that must be performed over a given period of time in order to complete a project called?

If a project is said to be on a "fast track program/' the fast track method is:

AACE International defines _____________as a technique of economic evaluation that sums over a given
study period, the costs of initial investment, replacements, operations, and maintenance/repair; expressed
in either present or annual value terms.

A contract clause that provides the owner with the right to terminate the contract irrespective of the general contractor's liability is:

____________is defined as the earned work hours or dollars for all accounts divided by the budgeted work hours or dollars for all accounts.

The latest allowable end time minus the earliest allowable end time on a schedule activity is referred to as:

What do you call a person authorized to represent another (the principal) in some capacity? He/she can only act within this capacity or "scope of authority" to bind the principal.

The following question requires your selection of CCC/CCE Scenario 2 (2.3.50.1.2) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.

The entire pipe has been received, hangers have been installed, and all pipes are in place. None has been welded or flushed.

What percent complete is this project?

______________can be defined as the determination of that course of action or combination of alternatives that yields either the lowest cost or the highest profit.

A major theme park is expanding the existing facility over a five-year period. The design phase will be completed one year after the contract is awarded. Major engineering drawings will be finalized two years after the design contract is awarded and construction will begin three years after the award of the design contract. New, unique ride technology will be used and an estimate will need to be developed to identify these costs that have no historical data.

Resource planning must take all of the following into account except:

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?

A major theme park is expanding the existing facility over a five-year period. The design phase will be completed one year after the contract is awarded. Major engineering drawings will be finalized two years

after the design contract is awarded and construction will begin three years after the award of the design contract. New, unique ride technology will be used and an estimate will need to be developed to identify these costs that have no historical data.

The following question requires your selection of CCC/CCE Scenario 26 (2.5.50.1.2) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.

What information is needed to develop a Class 2 definitive estimate?

Any combination of unique letters, numbers, or blanks, which describes and identifies any activity or task shown on the schedule, is:

What is executed in connection with a contract and secures the performance and fulfillment of all the undertakings, covenants, terms, conditions and agreements contained in the contract?