Free AACE AACE-CEP Exam Questions

Become AACE Certified with updated AACE-CEP exam questions and correct answers

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Total 297 Questions | Updated On: Mar 26, 2025
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Question 1

5D modeling includes the following,  ____________, as well as the traditional X, Y, and Z dimensions.


Answer: A
Question 2

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
Question 3

The Budgeted Cost of Work Performed is equal to the product of budget for the account and what other multiplier?


Answer: C
Question 4

A cost that represents funds already spent by virtue of past decisions is:


Answer: D
Question 5

The operating cost in the first year is $100,000. Escalation is expected to be 3% per year. What is the estimated operating cost in the fifth year?


Answer: A
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Total 297 Questions | Updated On: Mar 26, 2025
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