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Certified Cost Professional (CCP) Exam: AACE International CCP Dumps Available Here at

This document provides a sample of 10 questions from a 115 question practice test for the AACE International Certified Cost Professional (CCP) exam. Each question includes multiple choice options and an explanation for the correct answer. Enrolling now provides access to the full practice test to help prepare for the CCP certification exam.

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475 views6 pages

Certified Cost Professional (CCP) Exam: AACE International CCP Dumps Available Here at

This document provides a sample of 10 questions from a 115 question practice test for the AACE International Certified Cost Professional (CCP) exam. Each question includes multiple choice options and an explanation for the correct answer. Enrolling now provides access to the full practice test to help prepare for the CCP certification exam.

Uploaded by

Bhagyashree kawale
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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AACE International CCP

Certified Cost Professional (CCP) Exam


AACE International CCP Dumps Available Here at:
https://www.certification-questions.com/aace-international-exam/ccp-dumps.html

Enrolling now you will get access to 115 questions in a unique set of CCP
dumps

Question 1
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). Engineer
(B). Alternate
(C). Project Manager
(D). Agent

Options:

A. Option D is correct.

Explanation:

Answer: A

Explanation:
orrect.

Explanation:

Question 2
Budgeted cost of work scheduled is all of the following except:
(A). Total costs incurred in accomplishing work in a given-time period
(B). Baseline for performance measurement
(C). Sum of the budgets for work scheduled
(D). Includes portion of the budget for level-of-effort work

Options:

A. Option D is correct.

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AACE International CCP

Explanation:

Answer: A

Explanation:
orrect.

Explanation:

Question 3
Which of the following is NOT an aspect of quality management?
(A). Quality assurance
(B). Quality planning
(C). Quality checking
(D). Quality control

Options:

A. Option C is correct.

Explanation:

Answer: A

Explanation:
orrect.

Explanation:

Question 4
Cost performance index (CPI) is defined by AACE International as: (assume no change in
budgeted quantities)
(A). ACWP/BCWS
(B). BCWS/BCWP
(C). ACWP/BCWP
(D). BCWP/ACWP

Options:

A. Option D is correct.

Explanation:

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AACE International CCP

Answer: A

Explanation:
orrect.

Explanation:

Question 5
____________ is the application of total resources ($-workers-supports) and activity durations
of the logic diagram.
(A). Planning
(B). Forecasting
(C). Scheduling
(D). Modeling

Options:

A. Option C is correct.

Explanation:

Answer: A

Explanation:
orrect.

Explanation:

Question 6
____________is defined as the earned work hours or dollars for all accounts divided by the
budgeted work hours or dollars for all accounts.
(A). Percent complete
(B). Cost to complete
(C). Earned value
(D). Forecast

Options:

A. Option A is correct.

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AACE International CCP

Explanation:

Answer: A

Explanation:
orrect.

Explanation:

Question 7
_____________is defined as the budget for the cost (work) account times the percent
complete for that account.
(A). Percent complete
(B). Forecast
(C). Cost to complete
(D). Earned value

Options:

A. Option D is correct.

Explanation:

Answer: A

Explanation:
orrect.

Explanation:

Question 8
____________ is defined as covering work whose component activities are less defined and
whose interrelationships are conditional.
(A). Soft logic
(B). Hard logic
(C). Deductive logic
(D). Inductive logic

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AACE International CCP

Options:

A. Option A is correct.

Explanation:

Answer: A

Explanation:
orrect.

Explanation:

Question 9
A work breakdown structure (WBS) is developed because:
(A). It avoids omissions of key product activities through a systematic planning process; removes the
complexity of the project by dividing it into manageable units; and provides a framework.
(B). It defines specific tasks within a project from which schedules can be developed; it aids in linking
activities with resources; it facilitates communication; and it allows integration of project plans
(C). It can be illustrated by individual bars for major phases, such as permitting, funding, engineering,
procurement construction, commission/startup
(D). It can be illustrated by a simple bar, with important milestones represented by symbols at the
planned time of occurrence

Options:

A. Option B is correct.

Explanation:

Answer: A

Explanation:
orrect.

Explanation:

Question 10
If a project is said to be on a "fast track program/' the fast track method is:

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AACE International CCP

Options:

A. Option A is correct.

Explanation:

Answer: A

Explanation:
orrect.

Explanation:

Would you like to see more? Don't miss our CCP PDF file
at:
https://www.certification-questions.com/aace-international-pdf/ccp-pdf.html

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