[Mar-2023] Exam CCP: New Brain Dump Professional - DumpsKing
Free CCP Exam Dumps to Improve Exam Score
NEW QUESTION 66
Money is value. Having money when you need it is very important. Money can also be valuable when used wisely by knowing when to spend and when to conserve Also, planning now for future expenses can be a plus to the company rather than a debit.
There are several ways to capitalize money and spending. Basically there is the single payment method that has a compound amount factor and a present worth factor. There is the uniform annual series that has a sinking fund factor, capital recovery factor and also the compound amount factor and present worth factor. At this point, we can assure money is worth 10%.
The following question requires your selection of CCC/CCE Scenario 7 (4.8.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
If $20,000 is invested at the end of each fiscal year for the next 10 years, how much would our total investment be worth assuming the interest is at 10%?
- A. $265,798
- B. $289,370
- C. $318,740
- D. $420,236
Answer: C
NEW QUESTION 67
Some of the principles of good communication are:
- A. Use short words; avoid jargon; avoid acronyms and abbreviations; use complete sentences; have a beginning, middle and end; be accurate; be interested in what topic is being communicated
- B. Tell the other person what to do; give insincere praise; psychoanalyze the other person; make light of a serious problem; do not gain the trust of anyone; always have a hidden agenda
- C. The social process by which people in a specific situation construct meaning using symbolic behavior
- D. Seek to clarify your ideas before communicating; examine the true purpose of each communication; consider the total physical and human setting whenever you communicate; be mindful, while you communicate, of the overtones as well as the basic content of the message
Answer: A
NEW QUESTION 68
Two of the most important things to know when planning a speech or lecture are the ______________and______________ of your audience.
- A. Political preference, sense of humor
- B. Background, attitude
- C. Motivation, professionalism
- D. Culture, understanding
Answer: D
NEW QUESTION 69
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.
Annual estimated tax would be:
- A. $10,500
- B. $11,925
- C. $3,869
- D. $5,565
Answer: D
NEW QUESTION 70
Which of the following is NOT an aspect of quality management?
- A. Quality planning
- B. Quality checking
- C. Quality assurance
- D. Quality control
Answer: B
NEW QUESTION 71
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?
- A. Peripherals report
- B. Changes to the project execution plan
- C. Current trends of time and money
- D. Usage of contingency
Answer: A
NEW QUESTION 72
AACE International defines _____________as a technique of economic evaluation that sums over a given study period, the costs of initial investment, replacements, operations, and maintenance/repair; expressed in either present or annual value terms.
- A. Benefit/Cost ratio (B/C) method
- B. Net present worth method
- C. Life cycle costs method (LCC)
- D. Risk analysis
Answer: C
NEW QUESTION 73
Listening to what is being said by all members of a group or audience and then summarizing or interpreting is called______________.
- A. Directive listening
- B. Visual listening
- C. Non-listening
- D. Facilitative listening
Answer: A
NEW QUESTION 74 
The following question requires your selection of CCC/CCE Scenario 4 (2.7.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
What is the cost index value of copper at the end of Year 2? (rounded to 2 decimal positions)
- A. 4.24
- B. 4.62
- C. 4.10
- D. 4.31
Answer: D
NEW QUESTION 75 
The following question requires your selection of CCC/CCE Scenario 4 (2.7.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
At the end of Year 4, the commodity which experienced the greatest projected percentage price index increase over today is:
- A. Steel
- B. None of the above
- C. Manufacturing labor
- D. Copper
Answer: C
NEW QUESTION 76
Which of the following is NOT a type of float?
- A. Free
- B. Open end
- C. Total
- D. Negative
Answer: B
NEW QUESTION 77
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.
Resource planning must take all of the following into account except:
- A. Time available to complete the project
- B. Types of materials, equipment and labor skills required to complete the project
- C. Earned value techniques established for the project
- D. Cash flow (expenditures) limitations for completing work on the project
Answer: C
NEW QUESTION 78
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.
Assuming a 53% tax rate, how much cumulative depreciation will have been claimed at the end of the grain elevator's life span?
- A. $37,600
- B. None
- C. $42,400
- D. $80,000
Answer: D
NEW QUESTION 79
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 interest rates disregards the effects of compounding periods that occur more frequent than annually?
- A. Continuous compounding rate
- B. Minimum attractive rate of return
- C. Simple interest rate
- D. Nominal interest rate
Answer: D
NEW QUESTION 80
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.
How much money should be set aside today to have $20,000 available eight (8) years from now if the interest rate is 6% compounded annually?
- A. $29,600
- B. $12,550
- C. $13,515
- D. $31,875
Answer: B
NEW QUESTION 81
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. Primary needs
- B. Esteem needs
- C. Belongingness needs
- D. Self-actualization needs
Answer: C
NEW QUESTION 82
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?
- A. Surety bond
- B. Performance bond
- C. Liability insurance
- D. Bid bond
Answer: B
NEW QUESTION 83
The four steps to writing are:
- A. Start, write, complete, revise
- B. Abstract, body conclusion, bibliography
- C. Plan, write, cool, revise
- D. Introduction, paragraph, conclusion, works cited
Answer: C
NEW QUESTION 84 
The following question requires your selection of CCC/CCE Scenario 2 (2.3.50.1.2) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
10,278 hours have been expended to date. The CPI at this point in time is 0.93. SPI is
1.03. How many hours have been earned?
- A. 9,979
- B. 9,559
- C. 10,586
- D. 11,052
Answer: B
NEW QUESTION 85
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