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CCP Actual Test Detail: CCP Practice Test
Exam Name: Certified Cost Professional (CCP) Exam
AACE International CCP real questions materials free demo download pdf
NO.1 Which of the following is NOT a type of float?
A. Negative
B. Total
C. Open end
D. Free
Answer: C
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NO.2 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.
How many years will it take to earn $400 in interest on $800 at 4% compounded annually?
A. 10 years
B. 11 years
C. 13 years
D. 12 years
Answer: A
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NO.3 Cost performance index (CPI) is defined by AACE International as: (assume no change in
budgeted quantities)
A. ACWP/BCWS
B. ACWP/BCWP
C. BCWP/ACWP
D. BCWS/BCWP
Answer: C
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Exam Name: Certified Cost Professional (CCP) Exam
AACE International CCP real questions materials free demo download pdf
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