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2025 AACE International CCP: Certified Cost Professional (CCP) Exam Useful Valid Practice Questions

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The aspirants will find it easy to get satisfied by our AACE International CCP dumps material before actually buying it. If you wish to excel in Information Technology, the AACE International CCP Certification will be a turning point in your career. Always remember that Certified Cost Professional (CCP) Exam CCP exam questions change.

The Certified Cost Professional (CCP) certification is an industry-standard that demonstrates proficiency in the fields of project and cost management. It is offered by AACE International, which is the largest professional association for cost engineers, estimators, schedulers, and project managers. The CCP certification is recognized globally as a benchmark of excellence and commitment to the profession.

Earning a CCP certification is an excellent career move for professionals in the cost engineering and project management fields. Certified cost professionals are highly valued by employers, and often receive better pay and benefits than those without the certification. In addition, CCP Certification demonstrates a commitment to professional development and continuing education, reflecting a high level of dedication to the cost engineering profession.

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To be eligible to take the CCP certification exam, candidates are required to have relevant work experience and to hold a Bachelor’s degree in a relevant field. Additionally, candidates can substitute their degree with professional experience in cost engineering and project controls. The CCP Certification Exam is not restricted to any specific industry making it an essential credential for professionals working in various sectors, including architecture, engineering, construction, and manufacturing.

AACE International Certified Cost Professional (CCP) Exam Sample Questions (Q13-Q18):

NEW QUESTION # 13
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.
What is the 25 year after tax present worth of this project?

• A. $22,533
• B. $(22,533)
• C. $13,738
• D. $137,466

Answer: D

Explanation:
To calculate the 25-year after-tax present worth of this project, we need to consider the income, expenses, depreciation, and taxes.
First, calculate the annual depreciation:
Depreciation=Initial CostLife=80,00025=3,200 ext{Depreciation} = rac{ ext{Initial Cost}}{ ext{Life}} = rac{80,000}{25} = 3,200Depreciation=LifeInitial Cost​=2580,000​=3,200 Now, calculate the taxable income each year:
Taxable Income=Revenue-Expenses-Depreciation=22,500-12,000-3,200=7,300 ext{Taxable Income} = ext{Revenue} - ext{Expenses} - ext{Depreciation} = 22,500 - 12,000 - 3,200 = 7,300Taxable Income=Revenue-Expenses-Depreciation=22,500-12,000-3,200=7,300 Calculate the tax:
Tax=Taxable Income×Tax Rate=7,300×0.53=3,869 ext{Tax} = ext{Taxable Income} imes ext{Tax Rate} = 7,300 imes 0.53 = 3,869Tax=Taxable Income×Tax Rate=7,300×0.53=3,869 Net income after tax:
Net Income=Taxable Income-Tax=7,300-3,869=3,431 ext{Net Income} = ext{Taxable Income} - ext{Tax} = 7,300 - 3,869 = 3,431Net Income=Taxable Income-Tax=7,300-3,869=3,431 Add back depreciation (since it's a non-cash expense):
Cash Flow=3,431+3,200=6,631 ext{Cash Flow} = 3,431 + 3,200 = 6,631Cash Flow=3,431+3,200=6,631 Finally, calculate the present worth using the formula for the present worth of an annuity:
Present Worth=6,631×(1-(1+0.10)-250.10)≈137,466 ext{Present Worth} = 6,631 imes left(rac{1-(1+0.10)

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