Free AACE AACE-CEP Exam Questions
Absolute Free AACE-CEP Exam Practice for Comprehensive Preparation
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AACE AACE-CEP Exam Questions
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Provided By: AACE
- Exam: Certified Estimating Professional (CEP)
- Certification: AACE Certified Professional
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Total Questions: 297
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Updated On: Apr 11, 2025
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Rated: 4.9 |
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Online Users: 594
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Question 1
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Which of the following is not an example of a variable?
Answer: D
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Which of the following is not an example of a variable?
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Question 2
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If the owner and contractor cannot come to agreement on the cost and terms of the change order, the reasonable solution is ….....................
Answer: C
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If the owner and contractor cannot come to agreement on the cost and terms of the change order, the reasonable solution is ….....................
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Question 3
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In a manufacturing operation, at 100 percent of capacity, annual costs are as follows:
Fixed expenses $5,203,440Variable expenses $7,091,040Semi-variable expenses $6,217,750Sales $26,385,480Given that semi-variable expenses at zero production equal 30% of such expenses at 100% of capacity, the respective shutdown and break-even points would be:
Answer: D
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In a manufacturing operation, at 100 percent of capacity, annual costs are as follows:
Fixed expenses $5,203,440Variable expenses $7,091,040Semi-variable expenses $6,217,750Sales $26,385,480Given that semi-variable expenses at zero production equal 30% of such expenses at 100% of capacity, the respective shutdown and break-even points would be:
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Question 4
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As a cost professional, you are requested to perform project screening in ten minutes. Which one of following projects is worthy of further review?
Answer: A
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As a cost professional, you are requested to perform project screening in ten minutes. Which one of following projects is worthy of further review?
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Question 5
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If you suspect a contractor’s bid estimate is unbalanced, which of the following best describes what to look for in an estimate review?
Answer: B
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If you suspect a contractor’s bid estimate is unbalanced, which of the following best describes what to look for in an estimate review?