CCP Questions Answers

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CCP Questions Answers

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Title: CCP Questions Answers


1
Pass Certified Cost Professional (CCP) exam in
just 24 HOURS! 100 REAL EXAM QUESTIONS
ANSWERS Certified Cost Professional (CCP)
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2
  • Sample Questions
  • Question 1
  • A bond that guarantees the bidder will enter into
    a contract on the basis of his/her bid is
    referred to as
  • Surety bond
  • Performance bond
  • Bid bond
  • Liability bond
  • Answer C
  • Question 2
  • What is executed in connection with a contract
    and secures the performance and fulfillment of
    all the undertakings, covenants, terms,
    conditions and agreements contained in the
    contract?

3
  • task?
  • Recalculate the early finish for each activity
  • Recalculate the early start for each activity
  • Update the remaining duration for each activity
  • Recalculate the critical path
  • Answer D
  • Question 4
  • A major theme park is expanding the existing
    facility over a five-year period. The design
    phase will be completed one year after the
    contract is awarded. Major engineering drawings
    will be finalized two years after the design
    contract is awarded and construction will begin
    three years after the award of the design
    contract. New, unique ride technology will be
    used and an estimate will need to be developed to
    identify these costs that have no historical
    data.
  • The following question requires your selection of
    CCC/CCE Scenario 26 (2.5.50.1.2) from the right
    side of your split screen, using the drop down
    menu, to reference during your response/choice
    of responses.
  • What class of estimate is used for the
    preliminary design phase of a project?
  • Class 5 - order of magnitude estimate with 50 /
    -30 accuracy
  • Class 1 - order of magnitude with 30 / -30
    accuracy
  • Class 4 - budget estimate with 30 / -15
    accuracy

4
  • Answer D
  • Question 6
  • The process of stating goals and determining the
    most effective way of reaching them is the
    definition for
  • Implementing
  • Mission Statement
  • Managing
  • Planning
  • Answer D Question 7
  • A major theme park is expanding the existing
    facility over a five-year period. The design
    phase will be completed one year after the
    contract is awarded. Major engineering drawings
    will be finalized two years after the design
    contract is awarded and construction will begin
    three years after the award of the design
    contract. New, unique ride technology will be
    used and an estimate will need to be developed to
    identify these costs that have no historical
    data.
  • In an exit interview, an employee comments that
    the reason he is leaving the organization is
    lack of teamwork and cohesion among his
    co-workers. Which need of Maslow's hierarchy of
    needs is unmet?
  • Belongingness needs
  • Primary needs
  • Self-actualization needs

5
  • Directive listening
  • Non-listening
  • Visual listening
  • Facilitative listening
  • Answer A
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