CCE-CCC Online Practice Questions and Answers

A bond that guarantees the bidder will enter into a contract on the basis of his/her bid is referred to as:

A. Surety bond

B. Performance bond

C. Bid bond

D. Liability bond

What is executed in connection with a contract and secures the performance and fulfillment of all the undertakings, covenants, terms, conditions and agreements contained in the contract?

A. Liability insurance

B. Performance bond

C. Bid bond

D. Surety bond

The four steps to writing are:

A. Introduction, paragraph, conclusion, works cited

B. Start, write, complete, revise

C. Abstract, body conclusion, bibliography

D. Plan, write, cool, revise

The following question requires your selection of CCC/CCE Scenario 2 (2.3.50.1.2) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.

10,278 hours have been expended to date. The CPI at this point in time is 0.93. SPI is 1.03. How many hours were planned?

A. 10,586

B. 9,280

C. 9,559

D. 10,278

The following question requires your selection of CCC/CCE Scenario 4 (2.7.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.

What is the cost index value of copper at the end of Year 2? (rounded to 2 decimal positions)

A. 4.62

B. 4.24

C. 4.10

D. 4.31

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 range of estimated quantities?

A. $26.78 to $75.00

B. $485

C. $45 to $530

D. $48.22

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. Soil data, detailed construction drawings, quantity takeoffs, minimum contingency detailed indirect costs, detailed engineering estimates

B. Preliminary quantities with labor, material, and factors applied, square footage of facilities, minimum contingency detailed indirect costs

C. Square footage of facilities, factored indirects and home office costs

D. Vendor quotes, home office detailed estimate, preliminary quantities with labor, material, and factors applied

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.

In Rensis1 4 model system, the exploitative-authoritative management style is one in which:

A. Management makes most decisions and passes them down

B. Informal organizations generally support the goals of the formal organization

C. Management issues orders, but employees have some freedom to comment

D. Management has a lot of confidence in the employees

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 latest allowable end time minus the earliest allowable end time on a schedule activity is referred to as:

A. Activity total slack

B. Remaining duration

C. Just-in-time" scheduling

D. Free float

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.

You have been asked to provide ETC information to management. Based on the following information,

what is the ETC?

Original Budget = $9,000,000

Actuals to date = $3,513,000

Current estimate at completion = $10,613,000 Actuals for current month = $1,200,000

A. $10,613,000

B. $9,000,000

C. $5,487,000

D. $7,100,000