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Score Higher on Verified CCP | Certified Cost Professional (CCP) Exam Questions with Answers

Are you ready to take the Certified Cost Professional (CCP) Exam? To learn CCP exam questions, smart security solutions, and move IT forward, you need the AACE International CCP Certification. Whether you're making security rules for the whole company or working on hard problems, AACE International makes sure you're ready for anything. Crack4sure offers study materials and practice problems covering the exam syllabus for AACE International Courses, including Certified Cost Professional (CCP) Exam. Check for daily deals to get products that can help you pass.

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  • Questions: 189 Q&A's With Detailed Explanation
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  • Exam Name: Certified Cost Professional (CCP) Exam
  • Last Update: 12-Dec-2025
  • Questions and Answers: 189
  • Single Choice: 189 Q&A's

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CCP Questions and Answers

Question # 1

CCP question answer

The following question requires your selection of CCC/CCE Scenario 28 (3.7.50.1.7) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.

If the owner in B has as his primary goal to get the project completed and on line as fast as possible, then he would most likely use the ______________type of contract.

A.

Cost plus

B.

Lump sum

C.

Unit Rate

D.

Lump sum + incentive

Question # 2

CCP question answer

The following question requires your selection of CCC/CCE Scenario 28 (3.7.50.1.7) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.

An unbalanced bid methodology can best be used by:

A.

Engineer/contractor working for the owner (Plan B)

B.

Subcontractor working for contractor (Plan A or B)

C.

Contractor working directly for engineer (plan A or B)

D.

Engineer working for the owner (Plan A)

Question # 3

After collecting the control information on a light rail project within an original budget of 200.000 work hours, the construction contractor is ready for their monthly progress meeting with the client.

A total of 100.000 work hours have boon scheduled to date. with 105.000 work hours earned, and 110.000 work hours paid. The stated progress by the contractor Is 60%.

What is the cost variance (CV)?

A.

BCWP-ACWP = 105,000-110,000 = -5,000

B.

ACWP-BCWP = 110,000-105,000 = 5,000

C.

BCWS-ACWP = 100,000-110,000 = -10,000

D.

ACWP-BCWS = 110,000-100,000 = -10,000

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