[Sep 26, 2021] Get Free Updates Up to 365 days On Developing CCP Braindumps
Best Quality AACE International CCP Exam Questions
NEW QUESTION 41 
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. What is the current schedule performance index (SPI)?
- A. 0.96
- B. 1.14
- C. 0.88
- D. 0.84
Answer: B
NEW QUESTION 42 
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.
If the owner in A has a primary goal of completion within budget, the following contract types with the engineer/contractor would be best:
- A. Engineer - cost plus, contractor cost plus
- B. Engineer - cost plus, contractor fixed price
- C. Engineer - fixed price, contractor fixed price
- D. Engineer fixed price, contactor cost plus
Answer: C
NEW QUESTION 43
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. The learning curve
- B. Cash flow
- C. Value engineering
- D. Productivity efficiency factor
Answer: A
NEW QUESTION 44
Which of the following is NOT an aspect of quality management?
- A. Quality planning
- B. Quality checking
- C. Quality control
- D. Quality assurance
Answer: B
NEW QUESTION 45
What do you call a person authorized to represent another (the principal) in some capacity? He/she can only act within this capacity or "scope of authority" to bind the principal.
- A. Alternate
- B. Engineer
- C. Project Manager
- D. Agent
Answer: D
NEW QUESTION 46 
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?
- A. 16,215
- B. 14,201
- C. 12,000
- D. 10,526
Answer: D
NEW QUESTION 47
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 $100,000 is needed to purchase a piece of equipment 3 years from now, how much money needs to be invested today assuming a 10% rate of return (rounded to the nearest thousand)?
- A. $82,000
- B. $75,000
- C. $70,000
- D. $78,000
Answer: B
NEW QUESTION 48
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 interest rates disregards the effects of compounding periods that occur more frequent than annually?
- A. Simple interest rate
- B. Nominal interest rate
- C. Continuous compounding rate
- D. Minimum attractive rate of return
Answer: B
NEW QUESTION 49
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.
A cyclical process model was chosen as the basis for total cost management (TCM) because:
- A. Refinement is needed to prepare the estimate at completion (EAC)
- B. It is one of the basic tenets of quality improvement
- C. Strategic assets and projects have inherent life cycles
- D. It facilitates development of budgets and schedules
Answer: C
NEW QUESTION 50
When a person hears the words being said to him/her, but does not receive the message of the words, it is called
- A. Passive listening
- B. Directive listening
- C. Reflective listening
- D. Judgmental listening
Answer: A
NEW QUESTION 51 
The following question requires your selection of CCC/CCE Scenario 4 (2.7.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
What is the cost index value of copper at the end of Year 2? (rounded to 2 decimal positions)
- A. 4.31
- B. 4.24
- C. 4.10
- D. 4.62
Answer: A
NEW QUESTION 52
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. $379,100
- B. $500,000
- C. $679,397
- D. $162,370
Answer: B
NEW QUESTION 53
A major theme park is expanding the existing facility over a five-year period. The design phase will be completed one year after the contract is awarded. Major engineering drawings will be finalized two years after the design contract is awarded and construction will begin three years after the award of the design contract. New, unique ride technology will be used and an estimate will need to be developed to identify these costs that have no historical data.
The recognition of loss of value of a natural resource used in the production process is referred to as:
- A. Capital reduction
- B. Depletion
- C. Depreciation
- D. Net loss
Answer: B
NEW QUESTION 54
____________ is the application of total resources ($-workers-supports) and activity durations of the logic diagram.
- A. Scheduling
- B. Forecasting
- C. Planning
- D. Modeling
Answer: A
NEW QUESTION 55 
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.
10,278 hours have been expended to date. The CPI at this point in time is 0.93. SPI is
1.03. How many hours were planned?
- A. 10,278
- B. 10,586
- C. 9,280
- D. 9,559
Answer: B
NEW QUESTION 56
......
AACE International Exam Practice Test To Gain Brilliante Result: https://www.briandumpsprep.com/CCP-prep-exam-braindumps.html
Tested Material Used To CCP: https://drive.google.com/open?id=1tMU0cdMxR0cbU8eQxiux9T_0h70EAxzI
