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The latest allowable end time minus the earliest allowable end time on a schedule activity is referred to as:
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 assume 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 $10,000 is invested now at 10% compounded annually, what will the investments be worth 10 years from
now?
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.
The following question requires your selection of CCC/CCE Scenario 26 (2.5.50.1.2) from the right side of
your split screen, using the drop down menu, to reference during your response/choice of responses.
What information is needed to develop a Class 2 definitive estimate?
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.
After an individual's safety needs are met, what needs would the individual be motivated to fulfill next in
Maslow’s hierarchy of needs?
Productivity increases with time. This improvement is commonly associated with improvements in efficiency
brought about by increased experience and skill levels. What does this scenario describe?
Quickly grab our CCP product now and kickstart your exam preparation today!
Name: | AACE Certified Cost Professional (CCP) |
Exam Code: | CCP |
Certification: | AACE |
Vendor: | Test Prep |
Total Questions: | 116 |
Last Updated: | May 08, 2024 |
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