©BRAINBARTER EXAM SOLUTIONS 2024/2025
ALL RIGHTS RESERVED.
Certified Energy Manager Exam Study
Guide.
Depreciation - answer✔Assets that decrease in value over time. US Federal Income Tax law
permits reasonable deductions for depreciation.
This involves borrowing and utilizing money which is to be repaid at a later point in time. -
answer✔Debit Financing
What is the benefit to debt financing under current U.S tax law (as of December 2008)? -
answer✔Interests payments made by corporations on debit capital are tax deductible.
Under this type of financing the lender acquires an ownership position within the borrower's
organization. - answer✔Equity
These are the accumulation of annual earnings surpluses that a company retains within the
company's coffers rather than pays out to stockholders as dividends. - answer✔Retained
Earnings
How is taxable income calculated? - answer✔Gross Income - Allowable Deduction
1|Page
, ©BRAINBARTER EXAM SOLUTIONS 2024/2025
ALL RIGHTS RESERVED.
What method is presently used for calculating depreciation? - answer✔MACRS - Modified
Accelerated Cost Recovery System
What units does a degree day have? - answer✔F - Day/Yr
What is Energy Use Index, EUI? - answer✔Its the ratio of the total amount of Btu used per year
per the total square feet of conditioned space.
What does NECPA stand for? - answer✔National Energy Conversation Policy Act
When was the NECPA established? - answer✔Established in 1978
Approximately every _____ years a new Energy Policy Act is adopted? - answer✔14
Why was the Energy Policy Act of 1992 enacted? - answer✔The Feds came in an with guidelines
for the states to established more stringent building energy codes.
What was requested by the DOE under the EPA of 1992? - answer✔That the private sector
established standards for windows, office equipment, and luminaires or the DOE would do it.
A energy reduction was established by the EPA 1992, what is it? - answer✔2% per year
What does ESPC stand for? - answer✔Energy Savings Performance Contracts
What type of anaylsis is required by the EPA of 1992? - answer✔LLC - Life Cycle Cost Anaylsis
The EPA of 1992 required that all federal facilities do this by January 1, 2005 with a payback
period of less than 10 years. - answer✔Institute energy and water conservation measures.
2|Page
ALL RIGHTS RESERVED.
Certified Energy Manager Exam Study
Guide.
Depreciation - answer✔Assets that decrease in value over time. US Federal Income Tax law
permits reasonable deductions for depreciation.
This involves borrowing and utilizing money which is to be repaid at a later point in time. -
answer✔Debit Financing
What is the benefit to debt financing under current U.S tax law (as of December 2008)? -
answer✔Interests payments made by corporations on debit capital are tax deductible.
Under this type of financing the lender acquires an ownership position within the borrower's
organization. - answer✔Equity
These are the accumulation of annual earnings surpluses that a company retains within the
company's coffers rather than pays out to stockholders as dividends. - answer✔Retained
Earnings
How is taxable income calculated? - answer✔Gross Income - Allowable Deduction
1|Page
, ©BRAINBARTER EXAM SOLUTIONS 2024/2025
ALL RIGHTS RESERVED.
What method is presently used for calculating depreciation? - answer✔MACRS - Modified
Accelerated Cost Recovery System
What units does a degree day have? - answer✔F - Day/Yr
What is Energy Use Index, EUI? - answer✔Its the ratio of the total amount of Btu used per year
per the total square feet of conditioned space.
What does NECPA stand for? - answer✔National Energy Conversation Policy Act
When was the NECPA established? - answer✔Established in 1978
Approximately every _____ years a new Energy Policy Act is adopted? - answer✔14
Why was the Energy Policy Act of 1992 enacted? - answer✔The Feds came in an with guidelines
for the states to established more stringent building energy codes.
What was requested by the DOE under the EPA of 1992? - answer✔That the private sector
established standards for windows, office equipment, and luminaires or the DOE would do it.
A energy reduction was established by the EPA 1992, what is it? - answer✔2% per year
What does ESPC stand for? - answer✔Energy Savings Performance Contracts
What type of anaylsis is required by the EPA of 1992? - answer✔LLC - Life Cycle Cost Anaylsis
The EPA of 1992 required that all federal facilities do this by January 1, 2005 with a payback
period of less than 10 years. - answer✔Institute energy and water conservation measures.
2|Page
