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How much AACE-International CCP: Certified Cost Professional (CCP) Exam Cost
The costs of this examination vary and according to area in which you are requesting and when you apply on the website of the AACE and go to the payments section, the precise number of the examination is accessible. In general, it costs about USD 200. Click the Apply now button on the official AACE website and select a region for additional price information. There may also be other expenses such as the purchase of CCP exam dumps and subsequently the examination by means of CCP practice exams. If you have or apply for an AACE membership, certificates are given to you at reduced rates.
NEW QUESTION 31
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 project scheduler left the company and has left unfinished work. You have been hired as the new project scheduler and must update the existing schedule. What will be your first task?
- A. Recalculate the early start for each activity
- B. Recalculate the critical path
- C. Update the remaining duration for each activity
- D. Recalculate the early finish for each activity
Answer: B
NEW QUESTION 32
The goal of listening is to:
- A. Find out what is going on
- B. Analyze what the speaker is saying
- C. Have time to formulate your thoughts on the subject
- D. Improve communication
Answer: D
NEW QUESTION 33
Productivity increases with time. This improvement is commonly associated with improvements in efficiency brought about by increased experience and skill levels. What does this scenario describe?
- A. The learning curve
- B. Value engineering
- C. Productivity efficiency factor
- D. Cash flow
Answer: A
NEW QUESTION 34
The process of stating goals and determining the most effective way of reaching them is the definition for:
- A. Mission Statement
- B. Managing
- C. Implementing
- D. Planning
Answer: D
NEW QUESTION 35 
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. $45 to $530
- B. $485
- C. $26.78 to $75.00
- D. $48.22
Answer: A
NEW QUESTION 36
Any combination of unique letters, numbers, or blanks, which describes and identifies any activity or task shown on the schedule, is:
- A. WBS Code
- B. Account number
- C. Activity ID
- D. Resource
Answer: C
NEW QUESTION 37
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.
Why is a +/- notation necessary when developing an estimate?
- A. Contingency cushion
- B. It is a government requirement
- C. There are unknowns that affect the final cost of a project
- D. It makes up for the lack of time to develop a real estimate
Answer: C
NEW QUESTION 38
Money is value. Having money when you need it is very important. Money can also be valuable when used wisely by knowing when to spend and when to conserve Also, planning now for future expenses can be a plus to the company rather than a debit.
There are several ways to capitalize money and spending. Basically there is the single payment method that has a compound amount factor and a present worth factor. There is the uniform annual series that has a sinking fund factor, capital recovery factor and also the compound amount factor and present worth factor. At this point, we can assure money is worth 10%.
The following question requires your selection of CCC/CCE Scenario 7 (4.8.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
If the company needs to repay a loan of $100,000 in 10 uniform annual payments, how much will each payment be?
- A. $16,578
- B. $15,937
- C. $16,273
- D. $16,380
Answer: C
NEW QUESTION 39
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.
Select the statement that best describes the method to estimate the cost of the new rides:
- A. Break down the technology into components
- B. Adjust known data from existing rides
- C. Use historical data from past projects
- D. Call vendors for quotes
Answer: B
NEW QUESTION 40
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.
Which of the following methods a used for creating critical path schedules:
- A. Arrow diagram method
- B. Gantt chart (bar chart) method
- C. Precedence and arrow diagram methods only
- D. Precedence diagram method
Answer: C
NEW QUESTION 41 
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. 8.2%
- B. 8.7%
- C. 8.0%
- D. 4.6%
Answer: C
NEW QUESTION 42
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
- A. $10,613,000
- B. $7,100,000
- C. $5,487,000
- D. $9,000,000
Answer: B
NEW QUESTION 43
Money is value. Having money when you need it is very important. Money can also be valuable when used wisely by knowing when to spend and when to conserve. Also, planning now for future expenses can be a plus to the company rather than a debit.
There are several ways to capitalize money and spending. Basically there is the single payment method that has a compound amount factor and a present worth factor. There is the uniform annual series that has a sinking fund factor, capital recovery factor and also the compound amount factor and present worth factor. At this point, we can assume money is worth 10%.
The following question requires your selection of CCC/CCE Scenario 7 (4.8.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
If $10,000 is invested now at 10% compounded annually, what will the investments be worth 10 years from now?
- A. $29,450
- B. $21,345
- C. $16,180
- D. $25,940
Answer: D
NEW QUESTION 44
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.
How many years will it take to earn $400 in interest on $800 at 4% compounded annually?
- A. 12 years
- B. 11 years
- C. 13 years
- D. 10 years
Answer: D
NEW QUESTION 45
Which of the following is NOT an aspect of quality management?
- A. Quality control
- B. Quality checking
- C. Quality assurance
- D. Quality planning
Answer: B
NEW QUESTION 46
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.
The following question requires your selection of CCC/CCE Scenario 17 (4.2.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
All of the following are included in "income tax" calculations except:
- A. Initial cost of investment
- B. Annual income
- C. Depreciation
- D. Annual expenditures
Answer: A
NEW QUESTION 47 
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. 9,280
- B. 10,278
- C. 10,586
- D. 9,559
Answer: C
NEW QUESTION 48
Money is value. Having money when you need it is very important. Money can also be valuable when used wisely by knowing when to spend and when to conserve Also, planning now for future expenses can be a plus to the company rather than a debit.
There are several ways to capitalize money and spending. Basically there is the single payment method that has a compound amount factor and a present worth factor. There is the uniform annual series that has a sinking fund factor, capital recovery factor and also the compound amount factor and present worth factor. At this point, we can assure money is worth 10%.
The following question requires your selection of CCC/CCE Scenario 7 (4.8.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
If $20,000 is invested at the end of each fiscal year for the next 10 years, how much would our total investment be worth assuming the interest is at 10%?
- A. $265,798
- B. $420,236
- C. $318,740
- D. $289,370
Answer: C
NEW QUESTION 49
If a project is said to be on a "fast track program/' the fast track method is:
- A. Simultaneous working engineering, procurement, and construction, with appropriate overlap from each phase of work so that delays are eliminated and all the work is streamlined into a correct plan of logic/sequence and duration for all of the work
- B. Revising the schedule logic to make it possible to identify constraints of faulty logic; revising the durations in the n p schedule that have been based on assumptions regarding the \hay the work would be performed; revise the resources to work multiple shifts; evaluate the use of overtime
- C. Analyzing the project and specifying the basic approach to be used in its execution; segmenting the project into reasonable number of activities; estimating the time required to perform each activity; placing the activities in time order, considering both sequential and parallel performance
- D. First completing engineering and procurement, then executing construction
Answer: A
NEW QUESTION 50 
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. $48.35
- B. $48.22
- C. $46.59
- D. $48.09
Answer: C
NEW QUESTION 51
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. $378,750
- B. $328,810
- C. $375,658
- D. $370,710
Answer: C
NEW QUESTION 52
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.
Cost engineers who feel completely satisfied and fulfilled by their work as part of a project team are said to have reached the ______________ stage of Maslow's hierarchy of needs.
- A. Self-actualizations
- B. Need satisfaction
- C. Esteem
- D. Belonging needs
Answer: A
NEW QUESTION 53
Two of the most important things to know when planning a speech or lecture are the ______________and______________ of your audience.
- A. Motivation, professionalism
- B. Background, attitude
- C. Culture, understanding
- D. Political preference, sense of humor
Answer: C
NEW QUESTION 54
......
How to study the AACE-International CCP: Certified Cost Professional (CCP) Exam
The implemented program of AACE includes both a certified technical cost specialist and a certified professional for commercial costs. The first distinction between the two is the required years of professional experience or education that are needed to qualify for one of the two examinations. A significant distinction is aside from the substance of the test that you must write a technical paper before you can register for the CCP examination. You may take the Certified Cost Technician (CCT) test rather of the more advanced Certification Cost Professional (CCP) certification, based on previous credentials and experience. TrainingDumps have the most up-to-date CCP exam dumps.
CCP exam dumps and CCP tests are also accessible online and the students are strongly urged to study these exam dumps as they are the best resources for the study. As usual, we suggest a mix of real world experience, instruction and consciousness in the areas outlined in the Test Outline part of this examination guideline as exam preparation. Test your knowledge after all kinds of study by taking the CCP exams. You can check all the details on to AACE's Website and start by looking at the resources for the examination given for. Review the subjects listed in the Exam Outline part of this handbook for the examination of libraries, educational resources and user manuals and the details of these topics. For additional study material, go to the links at the end of this page. Refer to the websites below for additional self-study resources.
Difficulty in Writing AACE-International CCP: Certified Cost Professional (CCP) Exam
The main preparation material for the AACE-International CCP: Certified Cost Professional (CCP) Exam is the industry experience and related college degree as this is the prerequisite of the exam. CCP exam dumps are designed in such a way to make better preparatory material. If not properly prepared, this test may prove to be a very tough certification. We always suggest that you study the CCP practice examinations before you actually take the test. However, applicants may pass the examination with the proper focus and preparatory material.
TrainingDumps have the most up-to-date CCP exam dumps, having a fair understanding of the question trend being asked in real certification with the help of these exam dumps.
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