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Certified Cost Professional (CCP) Exam
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Sample Questions
Question # 1:
A bond that guarantees the bidder will enter into a contract on the basis of his/her bid is
referred to as:
A. Surety bond
B. Performance bond
C. Bid bond
D. Liability bond
Answer: C
Question # 2:
What is executed in connection with a contract and secures the performance and fulfillment
of all the undertakings, covenants, terms, conditions and agreements contained in the
contract?
A. Liability insurance
B. Performance bond
C. Bid bond
D. Surety bond
Answer: B
Question # 3:
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.
The project scheduler left the company and has left unfinished work. You have been hired
as the new project scheduler and must update the existing schedule. What will be your first
task?
A. Recalculate the early finish for each activity
B. Recalculate the early start for each activity
C. Update the remaining duration for each activity
D. Recalculate the critical path
Answer: D
Question # 4:
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.
The following question requires your selection of CCC/CCE Scenario 26 (2.5.50.1.2) from
the right side of your split screen, using the drop down menu, to reference during your
response/choice of responses.
What class of estimate is used for the preliminary design phase of a project?
A. Class 5 - order of magnitude estimate with +50% / -30% accuracy
B. Class 1 - order of magnitude with +30% / -30% accuracy
C. Class 4 - budget estimate with +30% / -15% accuracy
D. Class 2 - definitive estimate with +15%/-5% accuracy
Answer: A
Question # 5:
A concrete slab measuring 10 feet wide by 13.5 feet long by 6 inches deep is to be
installed. How many cubic yards of concrete will be required?
A. 3.0 cubic yards
B. 2.0 cubic yards
C. 3.5 cubic yards
D. 2.5 cubic yards
Answer: D
Question # 6:
The process of stating goals and determining the most effective way of reaching them is
the definition for:
A. Implementing
B. Mission Statement
C. Managing
D. Planning
Answer: D
Question # 7:
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
Question # 8:
Listening to what is being said by all members of a group or audience and then
summarizing or interpreting is called______________.
A. Directive listening
B. Non-listening
C. Visual listening
D. Facilitative listening
Answer: A
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Ccp Practice Test

  • 1.
    Pass Certified CostProfessional (CCP) exam in just 24 HOURS! 100% REAL EXAM QUESTIONS ANSWERS Certified Cost Professional (CCP) Exam Buy Complete Questions Answers File from http://www.exams4sure.com/AACE-International/CCP-practice-exam- dumps.html 100% Exam Passing Guarantee & Money Back Assurance
  • 2.
    Sample Questions Question #1: A bond that guarantees the bidder will enter into a contract on the basis of his/her bid is referred to as: A. Surety bond B. Performance bond C. Bid bond D. Liability bond Answer: C Question # 2: What is executed in connection with a contract and secures the performance and fulfillment of all the undertakings, covenants, terms, conditions and agreements contained in the contract? A. Liability insurance B. Performance bond C. Bid bond D. Surety bond Answer: B Question # 3: 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. The project scheduler left the company and has left unfinished work. You have been hired as the new project scheduler and must update the existing schedule. What will be your first
  • 3.
    task? A. Recalculate theearly finish for each activity B. Recalculate the early start for each activity C. Update the remaining duration for each activity D. Recalculate the critical path Answer: D Question # 4: 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. The following question requires your selection of CCC/CCE Scenario 26 (2.5.50.1.2) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses. What class of estimate is used for the preliminary design phase of a project? A. Class 5 - order of magnitude estimate with +50% / -30% accuracy B. Class 1 - order of magnitude with +30% / -30% accuracy C. Class 4 - budget estimate with +30% / -15% accuracy D. Class 2 - definitive estimate with +15%/-5% accuracy Answer: A Question # 5: A concrete slab measuring 10 feet wide by 13.5 feet long by 6 inches deep is to be installed. How many cubic yards of concrete will be required? A. 3.0 cubic yards B. 2.0 cubic yards C. 3.5 cubic yards D. 2.5 cubic yards
  • 4.
    Answer: D Question #6: The process of stating goals and determining the most effective way of reaching them is the definition for: A. Implementing B. Mission Statement C. Managing D. Planning Answer: D Question # 7: 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 Question # 8: Listening to what is being said by all members of a group or audience and then summarizing or interpreting is called______________.
  • 5.
    A. Directive listening B.Non-listening C. Visual listening D. Facilitative listening Answer: A Buy Complete Questions Answers File from http://www.exams4sure.com/AACE-International/CCP-practice-exam- dumps.html 100% Exam Passing Guarantee & Money Back Assurance  PDF Version + Test Engine Software Version  90 Days Free Updates Service  Valid For All Countries http://www.exams4sure.com/AACE%20International/CCP-practice- exam-dumps.html