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Certified Cost Professional (CCP) Exam

Exam Details

  • Exam Code
    :CCP
  • Exam Name
    :Certified Cost Professional (CCP) Exam
  • Certification
    :AACE Certification
  • Vendor
    :AACE International
  • Total Questions
    :115 Q&As
  • Last Updated
    :May 17, 2024

AACE International AACE Certification CCP Questions & Answers

  • Question 71:

    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. What is the cost index value of copper at the end of Year 2? (rounded to 2 decimal positions)

    A. 4.62

    B. 4.24

    C. 4.10

    D. 4.31

  • Question 72:

    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. What is the cost of manufacturing labor for the piece of equipment today?

    A. $140,000

    B. $875,000

    C. $210,000

    D. $105,000

  • Question 73:

    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. 10,278 hours have been expended to date. The CPI at this point in time is 0.93. SPI is 1.03. How many hours were planned?

    A. 10,586

    B. 9,280

    C. 9,559

    D. 10,278

  • Question 74:

    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. 9,375 hours have been expended to date. Planned completion at this time is 75%. The project is determined to be 66% complete. Based on current trends, how many hours will be expended at project completion?

    A. 16,215

    B. 14,201

    C. 12,000

    D. 10,526

  • Question 75:

    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. 10,278 hours have been expended to date. The CPI at this point in time is 0.93. SPI is 1.03. How many hours have been earned?

    A. 9,979

    B. 10,586

    C. 11,052

    D. 9,559

  • Question 76:

    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. 9,375 hours have been expended to date. Planned completion at this time is 75%. The project is determined to be 66% complete. What is the current schedule performance index (SPI)?

    A. 0.96

    B. 0.88

    C. 0.84

    D. 1.14

  • Question 77:

    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. 9,375 hours have been expended to date. Planned completion at this time is 75%. The project is determined to be 66% complete. What is the current cost performance index (CPI)?

    A. 0.96

    B. 0.84

    C. 1.14

    D. 0.88

  • Question 78:

    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. 6,573 hours have been expended to date. Planned completion at this time is 60%. The project is determined to be 55% complete. How many hours have been earned?

    A. 6,600

    B. 6,960

    C. 7,200

    D. 6,573

  • Question 79:

    In a fixed price contract the:

    A. Contractor has no risk in the project

    B. Contactor assumes all the performance risk

    C. Contractor is paid for actual costs

    D. Owner has all the risk

  • Question 80:

    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?

    A. 45%

    B. 50%

    C. 95%

    D. 30%

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