AACE International CCP online material

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In the midst of staggering business and economic turmoil, you need all the tools at your disposal to help shore up your career prospects. AACE certification can help you and the organizations that rely on you for help!

The purpose of AACE Certification is to provide a means for well-qualified individuals in the cost and management industry to establish credentials to recognize their skills, knowledge and experience, in addition to providing the public and the industry a means of distinguishing individuals who have met stringent criteria and competency in order to be AACE Certified. https://www.pass4sures.com/CCP.html

1. Grants your professional credentials by providing an impartial endorsement of your knowledge and expertise.

2. Shows your professional commitment and ability to perform to your peers, supervisors, and clients.

3. Results in greater recognition from peers for taking that extra step in your professional development.

4. Enhances your professional image by developing certified professionals who stand out as examples of excellence.

5. Reflects your personal achievement of proving excellence in your field and meeting industry standards and requirements.

6. Can improve career opportunities by giving you the “edge” when being considered for a promotion or other opportunities.

7. May provide for greater earnings potential through salary and wage increases based on your certification status.

8. Improves your skills and knowledge through training, study, and “keeping up” with the industry via the recertification requirements.

9. Prepares you for greater on-the-job responsibilities by proving that you have invested in your own professional development.

10. Enriches self-esteem by allowing you to distinguish yourself beyond your job title or academic degree.

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Pass4sure CCP exam study material is precise and authentic that has been prepared by the best industry professionals and hence awards you success in just one go. Pass4sure CCP Certified Cost Professional (CCP) Exam questions provides you the essence of exam knowledge in a brief and easy to understand content and enable you to answer well the real CCP exam without any hassle. https://www.pass4sures.com/CCP.html

The AACE International portfolio of certifications includes a Technician Level and a Professional Level. The initial difference between the two are the minimum experience, education, or a combination of both, required in order to be eligible to take the examination. Click on the toolbox for the referenced certification for additional details and important information to help you decide which path is most suitable for you. https://www.pass4sures.com/CCP.html

Examination Details, Policies & Procedures

The Certification Board of AACE International has partnered with Kryterion™ Global Testing Solutions as the provider of computer based testing (CBT) for all AACE certification examinations. With a worldwide network of testing centers, the Kryterion Testing Network (KTN) ensures each testing center conforms to strict standards to make certain all test takers have a consistent experience. Additionally, Kryterion Testing Network proctors are required to follow standard operating procedures and are certified to ensure the highest level of security and customer care.

You may review testing center locations near you by clicking here or learn more about AACE certification examinations by selecting an option below.

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AACE International CCP Certification Study Guide is designed to be a companion workbook to the Skills and Knowledge of Cost Engineering, 5th Edition (S&K 5). The information contained in S&K 5 represents the minimum general knowledge a cost engineering professional is expected to have. This study guide does not teach specifically to the CCP certification exam. https://www.pass4sures.com/CCP.html

Question No : 1 The latest allowable end time minus the earliest allowable end time on a schedule activity is referred to as: A. Total float B. Remaining duration C. Free float D. Just-in-time scheduling

Answer : A

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Question No : 2 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.

In an exit interview, an employee comments that the reason he is leaving the organization is lack of teamwork and cohesion among his co-workers. Which need of Maslow's hierarchy of needs is unmet?

A. Belongingness needs B. Primary needs C. Self-actualization needs D. Esteem needs

Answer : A https://www.pass4sures.com/CCP.html

Question No : 3 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 is considered a measure of profitability?

A. Rate of return B. Annual Dividends C. Total assets D. Annual sales

Answer : A https://www.pass4sures.com/CCP.html

Question No : 4 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. Productivity efficiency factor B. Value engineering C. Cash flow D. The learning curve

Answer : D

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Question No : 5 NO: 37

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. The entire pipe has been received, hangers have been installed, and all pipes are in place. None has been welded or flushed. What percent complete is this project? https://www.pass4sures.com/CCP.html

Question No : 5 A. 45% B. 50% C. 95% D. 30%

Answer : A

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Question No : 6 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 you are scheduled for a $100,000 payment at the end of each year for the next five years, what is the equivalent amount if you were to make a lump sum payment now?

A. $162,370 B. $679,397 C. $379,100 D. $500,000

Answer : D https://www.pass4sures.com/CCP.html

Question No : 7 A systematic coding structure for organizing and managing scope, assets, cost, resources, work and schedule activity information is a______________.

A. Cost breakdown structure B. Code of accounts C. Cost estimate classification D. Schedule identification number

Answer : B

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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?

A. Project will be completed in 20 more weeks B. Project will be completed this week - on schedule C. Project will be completed in 4 more weeks D. Project will be completed in 12.8 more weeks

Answer : C https://www.pass4sures.com/CCP.html

Question No : 9 The written word is often more useful than the spoken. Guidelines for writing include: A. Use short sentences; use short words; avoid jargon and abbreviations; use complete sentences; stick to one idea per paragraph; have a beginning, middle and end; be accurate B. Organize the background information; state the problem list the options or alternatives; state the recommendation (s); conclude and summarize with why the recommendation is the best way to proceed C. Follow an outline; allow some time for "cooling" after compiling the draft before revising; when revising, allow plenty of time for several sessions D. Explain, report, describe, clarify, define and demonstrate

Answer : B https://www.pass4sures.com/CCP.html

Question No : 10

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. $2,424 B. $2,976 C. $2,688 D. $2,697

Answer : A

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Total Questions: 115 Last Update: 01-Jan-2016 Easy to use Testing Engine & print PDF format Download Free CCP Demo (Try before Buy) According to recommended syllabus and Objectives Pass4sure New AACE International CCP exam Testing Engine Free Updates on Regular basis 24/7 Customer support available 100% Real Questions for AACE International CCP Complete range of AACE International CCP Questions from Exam Topics  Pass4sure Passing Guarantee i-e 100% Pass         

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