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Free Test Prep CCP Exam Questions

Try our Free Demo Practice Tests for Comprehensive CCP Exam Preparation

  • Test Prep CCP Exam Questions
  • Provided By: Test Prep
  • Exam: AACE Certified Cost Professional (CCP)
  • Certification: AACE
  • Total Questions: 191
  • Updated On: Jun 06, 2025
  • Rated: 4.9 |
  • Online Users: 382
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  • Question 1
    • 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%. A good description of quantitative data would be as follows:  

      Answer: C
  • Question 2
    • 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%. A good description of quantitative data would be as follows:  

      Answer: C
  • Question 3


    • 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. Based on current trends, how many hours will be expended at project completion?


      Answer: D
  • Question 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?


      Answer: D
  • Question 5
    • 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?

      Answer: C
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