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AACE International Updated CCP Exam Questions and Answers by louisa

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AACE International CCP Exam Overview :

Exam Name: Certified Cost Professional (CCP) Exam
Exam Code: CCP Dumps
Vendor: AACE International Certification: AACE Certification
Questions: 189 Q&A's Shared By: louisa
Question 44

As the leas cost engineer for the XYZ Services Company, you have been requested to provide pertinent for an equipment rental decision. The unit price of the food stuffs varies, but an average unit selling process has been determined to be $0.50 cents and the average unit acquisition cost is $0.40 cents.

The following revenue and expense relationships are predicted:

Questions 44

If XYZ considers S550 per month the minimum acceptable net income, the number of units that will have to be sold is:

Options:

A.

65,500 units

B.

50,000 units

C.

40,000 units

D.

60,000 units

Discussion
Question 45

What relationship more accurately defines a situation model of parallel activities that require a partial start of one activity?

Options:

A.

Start to start

B.

Star to finish

C.

Finish to start

D.

Finish to finish

Discussion
Question 46

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%.

Which of the following statements of the measures of central tendency is correct?

Options:

A.

The mean is the measure that of the large data set

B.

The median is the measure that is mostly affected by extreme values

C.

The mode only uses the two extreme values and ignores the test of the data set

D.

The mode would be frequently applied in marketing to determine shirt sizes or shoes sizes

Discussion
Question 47

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:

A.

$0

B.

$14,265

C.

$25,000

D.

$23,366

Discussion
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