Free CCP Mock Exam – Practice Online Confidently

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Exam Code: CCP
Exam Questions: 191
AACE Certified Cost Professional (CCP)
Updated: 15 Jul, 2026
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%. All of the following are characteristics of standard normal distribution, except: 

Options :
Answer: A

Question 2

A schedule's late dates are calculated during the: 

Options :
Answer: B

Question 3


The following question requires your selection of CCC/CCE Scenario 6 (2.7.50.1.3) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses. What is the range of estimated quantities?

Options :
Answer: C

Question 4


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. Given a unit price contract between the owner and contractor, each assumes the following:

Options :
Answer: D

Question 5

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?

Options :
Answer: C

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