CCIFP Sample Questions

JavaScript isn't enabled in your browser, so this file can't be opened. Enable and reload.

These are sample questions from the CCIFP Certification Exam. Use these as a jumping off point for your studying!

Email *

The practice of unbalanced bidding, is referred to as…

Job Borrow

Overcharging

Front-end Loading

Bidding Below Cost

Clear selection

Which of the following examples is NOT an external limitation when putting together the firm's annual operating budget?

Market Forecasts

Working Capital

Competitors Entering or Leaving the Market

Availability of Qualified Labor Supply

Clear selection

When implementing a document imaging or paperless environment, routing refers to…

Copying and sending invoices

Document Tracking

Sending the document to a person or group of people

Storing the image on a server

Clear selection

XYZ Company has a 10% ownership Interest in a Joint Venture with ABC Company and BCS Company. ABC Company holds a 75% ownership Interest and BCS holds a 15% ownership Interest in the Joint Venture. What accounting method would XYZ & BCS Company use for joint venture transactions?

Consolidation Method

Cost Method

Expanded Equity Method

Equity Method

Clear selection

Which of the following laws relate to the continuation of benefits after the termination of an employee?

Consolidated Omnibus Budget Reconciliation Act of 1985

Patient Protection and Affordable Care Act

Medical Prescription Drug, Improvement and Modernization Act of 2003

Health Insurance Portability and Accountability Act of 1996

Clear selection

The portion of total billing that is NOT required to be paid by the owner until certain conditions are met is known as...

Percentage of Completion

Progress Payment

Retention

Early Payment Discount

Clear selection

Submit

Clear form

This form was created inside of Bigvoicecomm.com. Report Abuse

Forms