CCP Exam Questions Pdf - Valid CCP Test Dumps
CCP Exam Questions Pdf - Valid CCP Test Dumps
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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.
Quiz High Hit-Rate AACE International - CCP - Certified Cost Professional (CCP) Exam Exam Questions Pdf
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The CCP certification is highly beneficial for professionals who are involved in cost management and estimation, procurement, project control, and cost analysis. It provides an opportunity for professionals to showcase their expertise and demonstrates their commitment to the profession. Certified Cost Professional (CCP) Exam certification also helps professionals in career advancement and salary increase, as many employers recognize the value of hiring certified cost professionals. Overall, the CCP Exam is an excellent way to validate one's knowledge in cost management and to differentiate oneself in a highly competitive job market.
AACE International Certified Cost Professional (CCP) Exam Sample Questions (Q98-Q103):
NEW QUESTION # 98
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.
If you buy a lot for $3,000 and sell it for $6,000 at the end of 8 years, what is your annual rate of return?
- A. 9.1%
- B. 8.3%
- C. 10.4%
- D. 9.9%
Answer: A
Explanation:
To calculate the annual rate of return on the investment, you can use the formula for the compound annual growth rate (CAGR):
CAGR=(FVPV)1n-1text{CAGR} = left(frac{FV}{PV}right)