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  1. Home
  2. AACE International Certification
  3. CCP Exam
  4. AACEInternational.CCP.v2025-03-10.q100 Dumps
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Question 66

The measure of number of units completed divided by work-hours consumed is referred to as:

Correct Answer: C
Productivity is defined as the measure of the number of units completed divided by the work-hours consumed. It is a key performance indicator in construction and other project-based industries, reflecting how efficiently resources are being used to produce outputs.
Key Points:
Productivity Calculation:
Productivity = Number of units completed / Work-hours consumed.
Higher productivity means more output is being generated per unit of time, indicating efficient use of resources.
Other Terms:
Lined Value: Not a standard term related to productivity.
Credit Work-Hours: A concept related to earned work-hours, not a direct measure of productivity.
Cost Performance Index (CPI): A measure in earned value management indicating the cost efficiency of budgeted resources, calculated as EV/AC.
Conclusion: The correct answer is C. Productivity because it directly refers to the efficiency of labor in terms of output per work-hour.
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Question 67

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%.
Which of the following statements is the more correct guide for the Project Cost engineer as the compiles the data information?

Correct Answer: A
Quantitative data refers to numerical data that can be ordered and ranked, which allows the calculation of measures of central tendency such as means, medians, and modes. Qualitative data, which describes categories or labels, does not allow for such numerical calculations. Thus, the correct answer is A. Only quantitative data can have means, medians, and modes, as these require number rankings.
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Question 68


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.
If the owner in B has as his primary goal to get the project completed and on line as fast as possible, then he would most likely use the ______________type of contract.

Correct Answer: C
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Question 69

SCENARIO: A can manufacturing company requested you to provide data for their decision making The unit prices of the can varies but an average selling price of $0.55 cents and average cost of S45 cents is estimated.
The monthly fixed costs are:
Rant-$1,500
Wages - $4.000
Miscellaneous fixed expenses - $500
If there is an additional variable cost of $0.02 per unit, the monthly break even units are:

Correct Answer: D
To calculate the break-even point, we need to determine how many units must be sold to cover all fixed and variable costs. The formula to calculate the break-even point in units is:
Break-even units=Total Fixed CostsSelling Price per Unit-Variable Cost per Unit\text{Break-even units} = \frac{\text{Total Fixed Costs}}{\text{Selling Price per Unit} - \text{Variable Cost per Unit}}Break-even units=Selling Price per Unit-Variable Cost per UnitTotal Fixed Costs​ Given:
Selling Price per Unit = $0.55
Variable Cost per Unit = $0.45 + $0.02 = $0.47
Contribution Margin per Unit = $0.55 - $0.47 = $0.08
Total Fixed Costs:
Total Fixed Costs=1500+4000+500=6000\text{Total Fixed Costs} = 1500 + 4000 + 500 = 6000Total Fixed Costs=1500+4000+500=6000 Break-even units:
Break-even units=60000.08=75,000 units\text{Break-even units} = \frac{6000}{0.08} = 75,000 \text{ units}Break-even units=0.086000​=75,000 units Therefore, the correct answer is C. 75,000 units.
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Question 70

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.
Fred Fiedler's contingency model suggests that:

Correct Answer: A
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