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Exam Code: CCP
Exam Questions: 191
AACE Certified Cost Professional (CCP)
Updated: 06 Jan, 2026
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Practicing : 1 - 5 of 191 Questions
Question 1

You are reporting the following Earned Value Analysis information for the project: EV= $1,500,000 AC=$1.000,000 PV= $2,000,000 What is the status of the project?

Options :
Answer: C

Question 2

Deliberate low bidding is often referred to as buying the job. Which of the following would not be a reason for low bidding?

Options :
Answer: B

Question 3


The following question requires your selection of CCC/CCE Scenario 28 (3.7.50.1.7) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses. Given a unit price contract between the owner and contractor, each assumes the following:

Options :
Answer: D

Question 4

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%?

Options :
Answer: B

Question 5

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? 

Options :
Answer: A

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