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Exam Code: CCP
Exam Questions: 191
AACE Certified Cost Professional (CCP)
Updated: 19 Aug, 2025
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:  

Options :
Answer: C

Question 2


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)

Options :
Answer: D

Question 3

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%. The value of the truck at the end of year five (5) would be: 

Options :
Answer: A

Question 4

The latest allowable end time minus the earliest allowable end time on a schedule activity is referred to as: 

Options :
Answer: A

Question 5


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)? 

Options :
Answer: B

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