AAAE Certified Member Exam Prep LATEST 2024/2025 GUARANTEED
PASS | ALREADY GRADED A+
As a manager of a federally obligated public-use airport, your airport
generates revenue, such as
landing fees, building rentals, and fuel flowage fees. What percentage of the
income derived
must be utilized for airport purposes?
- 0%
- 100%
- 100% in excess of Fair Market Value (FMV)
- 50% - correct answer 100%
Airports are distinctly different from traditional municipal operations in that
they can operate as
- Centralized governments
- Federal agencies
- L.L.Cs
- Stand-alone enterprises - correct answer Stand-alone enterprises
,Generally, airport authority board members are compensated as follows:
- $1 a year to comply with federal and state labor laws
- Fair Market Value
- Minimum Wage
- Do not receive compensation and serve in a voluntary capacity -
correct answer Do not receive compensation and serve in a voluntary capacity
Each type of airport of ownership has advantages and disadvantages. What is
a potential disadvantage to the municipality owned structure?
- Power to tax and issue bonds
- access to other city/county departments
- Can be viewed as another department of the city/county
- Access to larger sources of funding - correct answer Can be viewed
as another department of the City/County
The debate over the status of the airport as either a public entity or a business
enterprise will likely continue for decades, but the simplest understanding is that...
- An airport is a government entity run by elected officials
- An airport is a Department of Transportation sub-organization
- An airport is a public entity that is run like a business
- An airport is an enterprise fund with many departments - correct answer
An airport is a public entity that is run like a business
,The most common positions at an airport that are outside of the vertical
structure are the
- Finance and administration personnel
- Operations and maintenance positions
- Legal counsel and auditor
- Certification inspector and regulator - correct answer Legal counsel and auditor
The terrorist attacks of Sept. 11, 2001 resulted in the Aviation and
Transportation Security Act of
2001 moving the airport and aircraft operator security regulations from the FAA to
the newly
created
- Transportation Security Administration
- Civil Aviation Office
- Dept. of Homeland Security
- National Transportation Security Board - correct answer
Transportation Security Administration
As a new airport manager trying to inventory all applicable airport laws,
and regulations, he or
she be careful not to omit which form of hidden regulation?
- FARs
, - FAA orders
- Cert. Alerts
- Grant Assurances - correct answer Grant Assurances
The Flight Standards District Office, commonly known as FSDO, is responsible for
- Food safety on the concourses
- Flow of air traffic and NAVAID maintenance
- Enforcing laws for aircraft and pilot certification and licensing
- Regulating all aviation safety in the US - correct answer Enforcing laws
for aircraft and pilot certification and licensing
Federal Grant Assurances require the airport operator to do all of the
following except:
- Operate the airport in the public interest
- Use specific lands approved by the FAA for non-aeronautical use
to generate revenue to support the airport's aviation needs
- Grant exclusive rights for aeronautical purposes or uses
- Maintain the airport in good and serviceable condition - correct
answer Grant exclusive rights for aeronautical purposes or uses
PASS | ALREADY GRADED A+
As a manager of a federally obligated public-use airport, your airport
generates revenue, such as
landing fees, building rentals, and fuel flowage fees. What percentage of the
income derived
must be utilized for airport purposes?
- 0%
- 100%
- 100% in excess of Fair Market Value (FMV)
- 50% - correct answer 100%
Airports are distinctly different from traditional municipal operations in that
they can operate as
- Centralized governments
- Federal agencies
- L.L.Cs
- Stand-alone enterprises - correct answer Stand-alone enterprises
,Generally, airport authority board members are compensated as follows:
- $1 a year to comply with federal and state labor laws
- Fair Market Value
- Minimum Wage
- Do not receive compensation and serve in a voluntary capacity -
correct answer Do not receive compensation and serve in a voluntary capacity
Each type of airport of ownership has advantages and disadvantages. What is
a potential disadvantage to the municipality owned structure?
- Power to tax and issue bonds
- access to other city/county departments
- Can be viewed as another department of the city/county
- Access to larger sources of funding - correct answer Can be viewed
as another department of the City/County
The debate over the status of the airport as either a public entity or a business
enterprise will likely continue for decades, but the simplest understanding is that...
- An airport is a government entity run by elected officials
- An airport is a Department of Transportation sub-organization
- An airport is a public entity that is run like a business
- An airport is an enterprise fund with many departments - correct answer
An airport is a public entity that is run like a business
,The most common positions at an airport that are outside of the vertical
structure are the
- Finance and administration personnel
- Operations and maintenance positions
- Legal counsel and auditor
- Certification inspector and regulator - correct answer Legal counsel and auditor
The terrorist attacks of Sept. 11, 2001 resulted in the Aviation and
Transportation Security Act of
2001 moving the airport and aircraft operator security regulations from the FAA to
the newly
created
- Transportation Security Administration
- Civil Aviation Office
- Dept. of Homeland Security
- National Transportation Security Board - correct answer
Transportation Security Administration
As a new airport manager trying to inventory all applicable airport laws,
and regulations, he or
she be careful not to omit which form of hidden regulation?
- FARs
, - FAA orders
- Cert. Alerts
- Grant Assurances - correct answer Grant Assurances
The Flight Standards District Office, commonly known as FSDO, is responsible for
- Food safety on the concourses
- Flow of air traffic and NAVAID maintenance
- Enforcing laws for aircraft and pilot certification and licensing
- Regulating all aviation safety in the US - correct answer Enforcing laws
for aircraft and pilot certification and licensing
Federal Grant Assurances require the airport operator to do all of the
following except:
- Operate the airport in the public interest
- Use specific lands approved by the FAA for non-aeronautical use
to generate revenue to support the airport's aviation needs
- Grant exclusive rights for aeronautical purposes or uses
- Maintain the airport in good and serviceable condition - correct
answer Grant exclusive rights for aeronautical purposes or uses
