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Exam Code: CCP
Exam Name: Certified Cost Professional (CCP) Exam
Vendor: AACE International

60 Questions & Answers
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NEW QUESTION: 1
You are creating a Microsoft ASP.NET Web application that allows customers to transfer money between their bank accounts.
You write the following code segment. (Line numbers are included for reference only.)
01 Using cn As New SqlConnection()
02 cn.ConnectionString = strConnString
03 cn.Open()
04 Using tran As SqlTransaction = cn.BeginTransaction()
05 Try
07 Catch xcp As Exception
08 lblMessage.Text = xcp.Message
09 tran.Rollback()
10 End Try
11 End Using
12 End Using
You need to ensure that the transfer operation executes within a transaction.
Which code segment should you insert at line 06?
A. Using cmd As SqlCommand = cn.CreateCommand() cmd.CommandText = ("UPDATE Accounts SET Bal = Bal " & Xfer & " WHERE Acct = ") + Acct1 cmd.ExecuteNonQuery() cmd.CommandText = ("UPDATE Accounts SET Bal = Bal + " & Xfer & " WHERE Acct = ") + Acct2 cmd.ExecuteNonQuery() End Using
B. Using cmd As SqlCommand = cn.CreateCommand() cmd.CommandText = ("UPDATE Accounts SET Bal = Bal " & Xfer & " WHERE Acct = ") + Acct1 cmd.ExecuteNonQuery() cmd.CommandText = ("UPDATE Accounts SET Bal = Bal + " & Xfer & " WHERE Acct = ") + Acct2 cmd.ExecuteNonQuery() End Using tran.Commit()
C. Using cmd As SqlCommand = cn.CreateCommand() cmd.Transaction = tran cmd.CommandText = ("UPDATE Accounts SET Bal = Bal " & Xfer & " WHERE Acct = ") + Acct1 cmd.ExecuteNonQuery() cmd.CommandText = ("UPDATE Accounts SET Bal = Bal + " & Xfer & " WHERE Acct = ") + Acct2 cmd.ExecuteNonQuery() End Using
D. Using cmd As SqlCommand = cn.CreateCommand() cmd.Transaction = tran cmd.CommandText = ("UPDATE Accounts SET Bal = Bal " & Xfer & " WHERE Acct = ") + Acct1 cmd.ExecuteNonQuery() cmd.CommandText = ("UPDATE Accounts SET Bal = Bal + " & Xfer & " WHERE Acct = ") + Acct2 cmd.ExecuteNonQuery() End Using tran.Commit()
Answer: D

NEW QUESTION: 2
Which of the following statements is true?
A. The point where the net present value profile crosses the horizontal axis indicates a project's discounted payback period.
B. The point where the net present value profile crosses the horizontal axis indicates a project's internal rate of return.
C. The point where the net present value profile crosses the horizontal axis indicates a project's cost of capital.
Answer: B
Explanation:
The point where the NPV profile crosses the horizontal axis indicates the cost of capital that makes the NPV equal to zero. That cost of capital is by definition the internal rate of return.

NEW QUESTION: 3
You need to identify what happens to the on-hand inventoryof a bill of materials (BOM) and the components of the BOM when you report a BOM as finished.
What should you identify?
A. The on-hand quantity of the BOM and the on-hand quantity of the BOM components ate unchanged.
B. The on-hand quantity of the BOM is increased, and the on-hand quantity of the BOM components is decreased.
C. The on-hand quantity of the BOM item is increased, and the on-hand quantity of the BOM components is unchanged.
D. The on-hand quantity of the BOM is unchanged and the on-hand quantity of the BOM components is decreased.
Answer: C


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