What Makes ExamsReviews AACE International CCP Stand Out From The Rest?
What Makes ExamsReviews AACE International CCP Stand Out From The Rest?
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Tags: CCP Free Dumps, Visual CCP Cert Exam, Study CCP Group, CCP Practical Information, CCP Detailed Study Dumps
Provided you get the certificate this time with our CCP practice materials, you may have striving and excellent friends and promising colleagues just like you. It is also as obvious magnifications of your major ability of profession, so CCP practice materials may bring underlying influences with positive effects. The promotion or acceptance will be easy. So it is quite rewarding investment.
The CCP Certification Exam is one of the most comprehensive examinations in the field of cost engineering. CCP exam consists of two parts: a written exam and a peer review process. The written exam covers a wide range of topics such as cost estimating, scheduling, cost accounting, risk management, and quality control. The peer review process is designed to evaluate the practical application of the candidate's knowledge of cost engineering through real-world case studies.
Free PDF Quiz CCP - Latest Certified Cost Professional (CCP) Exam Free Dumps
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The CCP certification is an advanced-level certification that demonstrates a professional's knowledge and skills in cost engineering. To become certified, candidates must meet educational and experience requirements and pass a comprehensive exam. The goal of the CCP certification is to help professionals demonstrate their competence, credibility, and high ethical standards in cost engineering.
The CCP Certification Exam is a valuable asset for those seeking to advance their careers in cost engineering, project management, or other related fields. Certified Cost Professional (CCP) Exam certification demonstrates a candidate's commitment to professional development and validates their expertise in cost management and project controls. Obtaining the CCP Certification can lead to higher salaries, increased job opportunities, and greater professional recognition.
AACE International Certified Cost Professional (CCP) Exam Sample Questions (Q150-Q155):
NEW QUESTION # 150 
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. 1.14
- B. 0.84
- C. 0.96
- D. 0.88
Answer: A
NEW QUESTION # 151
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?
- A. $2,976
- B. $2,688
- C. $2,697
- D. $2,424
Answer: D
NEW QUESTION # 152
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. 1.14
- C. 0.88
- D. 0.84
Answer: D
Explanation:
The Cost Performance Index (CPI) is calculated using the formula:
CPI=Earned Value (EV)Actual Cost (AC)text{CPI} = frac{text{Earned Value (EV)}}{text{Actual Cost (AC)}}CPI=Actual Cost (AC)Earned Value (EV) Where:
EV (Earned Value) is the percentage of completion multiplied by the total budgeted hours.
AC (Actual Cost) is the total hours expended.
Given:
Total Budgeted Hours = 12,000 hours
Percent Complete = 66%
Actual Hours Expended (AC) = 9,375 hours
EV=12,000×0.66=7,920 hourstext{EV} = 12,000 times 0.66 = 7,920 text{ hours}EV=12,000×0.66=7,920 hours CPI=7,9209,375≈0.84text{CPI} = frac{7,920}{9,375} approx 0.84CPI=9,3757,920≈0.84 So, the correct answer is B. 0.84.
NEW QUESTION # 153
A used concrete pumping truck can be purchased for $125,000. The operation costs are expected to be $65,000 the first year and increase 5% each year thereafter. As a result of the purchase, the company will see an increase in income of $100,000 the first year and 5% more each subsequent year. The company uses straight-line depreciation. The truck will have a useful life of five (5) years and no salvage value. Management would like to see a 10% return on any investment. The company's tax rate is 28%.
The taxable income in year number 5 is:
- A. $42,543
- B. $125,00
- C. $121,551
- D. $17,543
Answer: D
Explanation:
To calculate the taxable income in the fifth year:
Income in year 5:
Year 1 income=100,000×1.054≈121,551text{Year 1 income} = 100,000 times 1.05