Exam Code: CCP
Exam Name: Certified Cost Professional (CCP) Exam
Version: V13.25
Q & A: 72 Questions and Answers
CCP Free Demo download
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NEW QUESTION: 1
Which of the following values can be calculated using results analysis? 3 answers
A. Reserves for unrealized costs
B. Cost of sales
C. Gross margin
D. Cost of goods manufactured
E. Work in progress
Answer: A,B,E
NEW QUESTION: 2
There are some allowable methods for determining the basis of property received in exchange for other property. Which of the following is/are out those methods?
A. Income basis of tax on the property
B. The basis is the fair market value of the property when it is received
C. If a taxpayer receives property for services, then the original basis of the property when it is received is its original price
D. The basis is the fair market value of the property exchanged for it, increased by any payments made or decreased by any payments received, when the two properties are of unequal value
Answer: B,D
NEW QUESTION: 3
Business users are not able to update a delegated business rule. Select two possible causes. (Choose two.)
A. The business users do not have appropriate privileges in the access group
B. The delegated business rule is currently being executed by another user
C. The delegated business rule is not in an unlocked production ruleset
D. The availability of the delegated business rule is set to Blocked
Answer: A,C
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