AACE International AACE Certification CCP Questions & Answers

• Question 61:

  

  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 from Atlanta, GA?

  A. $40.59

  B. 3

  C. $48.33

  D. 33.33%

  Correct Answer: D

• Question 62:

  

  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. $26.78 to $75.00

  B. $485

  C. $45 to $530

  D. $48.22

  Correct Answer: C

• Question 63:

  

  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. Calculate the weighted average unit cost.

  A. $46.13

  B. $47.63

  C. $48.35

  D. $48.09

  Correct Answer: C

• Question 64:

  

  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 unit costs?

  A. $21.57

  B. $26.65

  C. $48.22

  D. $485.00

  Correct Answer: D

• Question 65:

  

  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. Calculate the mean unit cost.

  A. $48.09

  B. $48.22

  C. $48.35

  D. $46.59

  Correct Answer: D

• Question 66:

  

  The following question requires your selection of CCC/CCE Scenario 4 (2.7.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses. At the end of Year 4, the commodity which experienced the greatest projected percentage price index increase over today is:

  A. None of the above

  B. Manufacturing labor

  C. Steel

  D. Copper

  Correct Answer: B

• Question 67:

  

  The following question requires your selection of CCC/CCE Scenario 4 (2.7.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses. At the end of 30 months, the final price for the piece of equipment will be:

  A. $328,810

  B. $370,710

  C. $375,658

  D. $378,750

  Correct Answer: C

• Question 68:

  

  The following question requires your selection of CCC/CCE Scenario 4 (2.7.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses. If steel costs $1800/ton at the end of Year 3, what is the price of steel at the end of Year 4?

  A. $1890/ton

  B. $1863/ton

  C. $1948/ton

  D. $1836/ton

  Correct Answer: D

• Question 69:

  

  The following question requires your selection of CCC/CCE Scenario 4 (2.7.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses. At the end of 30 months, copper prices will have increased by what percentage over today's price?

  A. 4.6%

  B. 3.5%

  C. 6.6%

  D. 2.5%

  Correct Answer: D

• Question 70:

  

  The following question requires your selection of CCC/CCE Scenario 4 (2.7.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses. At the end of Year 3, steel prices will have increased by what percentage over today's price? (round to 1 decimal)

  A. 8.7%

  B. 8.2%

  C. 4.6%

  D. 8.0%

  Correct Answer: D