10 exam-style questions with answers and explanations, straight from our 1,030-question bank. Tap an answer to check yourself. When you're ready, take the scored version in the free practice test.
These 10 free CEcD questions are organized by exam domain, so you can see how each part of the Certified Economic Developer blueprint is tested. Reveal the answer and explanation under each question.
A regional economic development office interviews manufacturers and discovers expansion plans are limited by workforce shortages. What is the most appropriate next step in a Business Retention & Expansion effort?
Correct answer: B - Prioritize the issue and coordinate targeted partner responses with affected firms
A lender is evaluating a proposed loan. Which factor most directly determines whether a company can repay new debt?
Correct answer: B - Projected cash flow available for debt obligations
A financing package includes bank debt, owner equity, and a public source that fills the remaining capital shortage. What role does the public source provide?
Correct answer: B - Gap financing
A developer submits projected revenues, expenses, construction costs, and financing assumptions for a mixed-use project. Which tool evaluates projected feasibility?
Correct answer: B - Real estate pro forma
A community considers redeveloping a former industrial site with possible contamination. What issue requires evaluation before advancing the project?
Correct answer: A - Environmental liability and redevelopment risk
An attraction team wants higher-quality company prospects. Which practice best improves targeting?
Correct answer: B - Use data-driven industry targeting aligned with community assets
A strategic planning team identifies strengths, weaknesses, opportunities, and threats before selecting priorities. Which tool is being used?
Correct answer: A - SWOT analysis
A small business program wants to improve startup growth. Which approach best fits entrepreneurial and small business development?
Correct answer: A - Connect firms to technical assistance and capital pathways
A manufacturer wants to enter international markets for the first time. Which service is most appropriate?
Correct answer: A - Export readiness assistance
A board asks whether an economic development organization is achieving results. Which practice best answers the question?
Correct answer: B - Use performance measures tied to organizational goals
The CEcD exam also covers these domains. Drill them in the full free practice test:
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