Ccifp - Study guides, Class notes & Summaries

CCIFP Exam Questions & Answers | 100% Correct Answers | Verified | Latest 2024 Version Q:Julie has a $100,000 30-year mortgage on her new home. What type of life insurance could she purchase that is designed to pay off the loan balance if she dies within the 30-year period? - A:Decreasing term insurance Q:Shirley has a $500,000 10-year non-renewable level term life policy. If she dies 15 years after the policy's inception date, how much will her beneficiary receive? - A:Nothin...

CCIFP STUDY FLASH CARDS 2024 QUIZZES & ANS!!

CCIFP Study Flash Cards – Questions & Answers

CCIFP EXAM WITH QUESTIONS AND WELL DETAILED AND VERIFIED ANSWERS | GRADED A+ | LATEST EXAM VERSION | GUARANTEED PASS What are the 4 requirements to using the percentage of completion method? - ANSWER-1) Reliable estimates 2) Clearly specified conditions in a contract 3) Reasonable expectations for performance 4) Risk should not exceed those normally encountered What are guaranteed cost rating plans? What techniques can be used to reduce costs to enhance ca...

CCIFP Exam Questions & Answers | 100% Correct Answers | Verified | Latest 2024 Version What is the legal definition of a contract? What is the IRS definition? - An agreement between 2 parties that is legally binding & enforceable under applicable law. Strategic planning must consider external factors. These factors change rapidly and are outside the contractor control. - 1. Political 2. Regulatory 3. Market Outlook 4. Social 5. Technology 6. Economic Strategic planning must conside...

What is the legal definition of a contract? What is the IRS definition? - An agreement between 2 parties that is legally binding & enforceable under applicable law. Strategic planning must consider external factors. These factors change rapidly and are outside the contractor control. - 1. Political 2. Regulatory 3. Market Outlook 4. Social 5. Technology 6. Economic Strategic planning must consider internal factors. These factors the contractor can control. - 1. Culture, related to f...

What is the legal definition of a contract? What is the IRS definition? - An agreement between 2 parties that is legally binding & enforceable under applicable law. Strategic planning must consider external factors. These factors change rapidly and are outside the contractor control. - 1. Political 2. Regulatory 3. Market Outlook 4. Social 5. Technology 6. Economic Strategic planning must consider internal factors. These factors the contractor can control. - 1. Culture, related to f...

CCIFP Exam studied questions and verified answers Major cause of contractor failure is - ANS️--The failure to plan and set specific objectives Strategic Planning - ANS️--A logical and systematic process by which a contractor determines the strategic direction for the contractor's future Strategic Planning - ANS️--Requires knowledge of the risks inherent in the construction industry and of available new business opportunities Strategic Planning Process encourages - ANS️--1...

CCIFP FINAL EXAM ACTUAL EXAM