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Exam Code: CCP
Exam Questions: 191
AACE Certified Cost Professional (CCP)
Updated: 24 Nov, 2025
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Question 1


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?

Options :
Answer: C

Question 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. If you buy a lot for $3,000 and sell it for $6,000 at the end of 8 years, what is your annual rate of return?

Options :
Answer: B

Question 3

____________ is defined as covering work whose component activities are less defined and whose interrelationships are conditional.

Options :
Answer: A

Question 4

After collecting the control information on a light rail project within an original budget of 200.000 work hours, the construction contractor is ready for their monthly progress meeting with the client. A total of 100.000 work hours have boon scheduled to date. with 105.000 work hours earned, and 110.000 work hours paid. The stated progress by the contractor is 60%. How does the project stand?

Options :
Answer: C

Question 5

____________is defined as the earned work hours or dollars for all accounts divided by the budgeted work hours or dollars for all accounts.

Options :
Answer: A

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