Online Access Free CCP Practice Test

Exam Code:CCP
Exam Name:Certified Cost Professional (CCP) Exam
Certification Provider:AACE International
Free Question Number:189
Posted:Oct 15, 2026
Rating
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Question 1

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.
The following question requires your selection of CCC/CCE Scenario 17 (4.2.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
Present worth calculations is represented by which of the following equations?

Question 2

Which of the following is NOT an advantage specific to a cost reimbursable contract?

Question 3

An American company plans to acquire a new press machine from a Dutch manufacturer under the following conditions. One question remaining to be answered is the expected amount of capital recovery when salvage is accounted for.

The amount of interest paid during the fifth year of depreciation would be:

Question 4

What is a basic element of work or a task that must be performed over a given period of time in order to complete a project called?

Question 5

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 would NOT be considered part of a project cost and schedule forecast?

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