CCP Questions Answers

About This Presentation
Title:

CCP Questions Answers

Description:

Here you can find latest exam questions of CCP. We provide you best CCP questions answers along with test engine. Our professional team will help you to pass the exam in first attempt. Get 10% discount today on CCP Braindumps. For more information and latest discount packages visit us. – PowerPoint PPT presentation

Number of Views:6

less

Transcript and Presenter's Notes

Title: CCP Questions Answers


1
Pass CCP Certified Cost Professional exam in just
24 HOURS! 100 REAL EXAM QUESTIONS ANSWERS CCP
Certified Cost Professional Buy Complete
Questions Answers File from http//www.exams4sure.
com/AACE-International/CCP-practice-exam-dumps.htm
l 100 Exam Passing Guarantee Money Back
Assurance
Sample Questions
2
  • Question No 1
  • A bond that guarantees the bidder will enter into
    a contract on the basis of his/her bid is
    referred to as?
  • Surety bond
  • Performance bond
  • Bid bond
  • Liability bond
  • Answer C
  • Question No 2
  • 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.
  • Which of the following interest rates disregards
    the effects of compounding periods that occur
    more frequent than annually?
  • Continuous compounding rate
  • Simple interest rate
  • Minimum attractive rate of return
  • Nominal interest rate

3
  • Question No 4
  • A concrete slab measuring 10 feet wide by 13.5
    feet long by 6 inches deep is to be installed.
    How many cubic yards of concrete will be
    required?
  • 3.0 cubic yards
  • 2.0 cubic yards
  • 3.5 cubic yards
  • 2.5 cubic yards
  • Answer D
  • Question No 5
  • The process of stating goals and determining the
    most effective way of reaching them is the
    definition for
  • Implementing
  • Mission Statement
  • Managing
  • Planning
  • Answer D Question No 6
  • 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
    ncome 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)?

4
  • Question No 7
  • The goal of listening is to
  • Analyze what the speaker is saying
  • Find out what is going on
  • Have time to formulate your thoughts on the
    subject
  • Improve communication
  • Answer D Question No 8
  • 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.
  • You are reporting on a roadway project, which was
    estimated to be 10 miles of road. It was
    scheduled to be completed in 16 weeks, which is
    this week. According to your calculations, the
    project has a schedule performance index of 0.80.
    What would you advise the management about the
    scheduled completion date?
  • Project will be completed in 20 more weeks
  • Project will be completed this week - on schedule
  • Project will be completed in 4 more weeks
  • Project will be completed in 12.8 more weeks
  • Answer C Question No 9
  • 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?

5
  • Contingency cushion
  • It makes up for the lack of time to develop a
    real estimate
  • It is a government requirement
  • There are unknowns that affect the final cost of
    a project
  • Answer D Question No 10
  • An effort by a prime contractor to reduce the
    price quoted by a vendor, by providing the bid
    price to other vendors in an attempt to get the
    other vendors to underbid the original price
    quoted is referred to as
  • Costing
  • Cost-price analysis
  • Bid shopping
  • Negotiating a best and final offer
  • Answer C
  • Buy Complete Questions Answers File from
  • PDF Version Test Engine Software Version
  • 90 Days Free Updates Service
  • Valid for All Countries

6
http//www.exams4sure.com/AACE-International/CCP-p
ractice-exam-dumps.html
Write a Comment
User Comments (0)