AACE CCP Certified Cost Professional (CCP) Exam Online Training
AACE CCP Online Training
The questions for CCP were last updated at Feb 21,2025.
- Exam Code: CCP
- Exam Name: Certified Cost Professional (CCP) Exam
- Certification Provider: AACE
- Latest update: Feb 21,2025
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.
Fred Fiedler’s contingency model suggests that:
- A . Leadership styles are just the opposite of the managerial grid model
- B . Successful leadership depends upon a good match
- C . between the style of the leader and the demands of the situation
- D . Successful leadership can always be imposed by experienced supervision
- E . A relationship oriented leader described the least preferred worker in an unfavorable light
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?
- A . Belongingness needs
- B . Primary needs
- C . Self-actualization needs
- D . Esteem needs
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.
According to Maslow’s hierarchy of needs, which level should be satisfied first?
- A . Physiological
- B . Self-actualization
- C . Safety needs
- D . Ego-status
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 Rensis1 4 model system, the exploitative-authoritative management style is one in which:
- A . Management makes most decisions and passes them down
- B . Informal organizations generally support the goals of the formal organization
- C . Management issues orders, but employees have some freedom to comment
- D . Management has a lot of confidence in the employees
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.
Which of the following percent complete measurement techniques is best suited for long-term non-production accounts (such as overhead accounts)?
- A . Ratio/level of effort
- B . Start/finish
- C . Units completed
- D . Incremental milestone