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Free CCE-CCC – Certified Cost Consultant / Cost Engineer (AACE International) Practice Test Question

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Showing 4–6 of 10 questions

Question 4

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.

Calculate the mean unit cost.

Select an option, then click Submit answer.

  • ○

    $48.09
  • ○

    $48.22
  • ○

    $48.35
  • ○

    $46.59
Question 5

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 relative frequency of unit costs amounting to $55.00/unit?

Select an option, then click Submit answer.

  • ○

    22.22%
  • ○

    $55.00
  • ○

    2
  • ○

    338.5
Question 6

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 "book value (BV) of the asset at the end of 5 years?

Select an option, then click Submit answer.

  • ○

    $64,000
  • ○

    $16,000
  • ○

    $3,200
  • ○

    $60,000