Free Practice Test Prep CCP Exam Questions 2026

Stay ahead with 100% Free AACE Certified Cost Professional (CCP) CCP Dumps Practice Questions

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Total 191 Questions | Updated On: Mar 12, 2026
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Question 1

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: 


Answer: A
Question 2

refers to the process of calculating and reporting the non-monetary functions of the strategic asset portfolio. 


Answer: D
Question 3

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: 


Answer: A
Question 4

You are reporting the following Earned Value Analysis information for the project: EV= $1,500,000 AC=$1.000,000 PV= $2,000,000 What is the status of the project?


Answer: C
Question 5

The latest allowable end time minus the earliest allowable end time on a schedule activity is referred to as: 


Answer: A
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Total 191 Questions | Updated On: Mar 12, 2026
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