AAAE ACE Airport Finance Mod 1
Questions with Correct Answers 2025
ARP Airports Organization - CORRECT ANSWER -
Responsible for airport safety standards, planning, design, and construction
APP Office if Airport Planning and Programming - CORRECT ANSWER -
Administers policy for planning, development, and environmental protection. Also oversees
AIP grants and PFC program
APP-500 (Div. if APP) Airport Financial Assistance - CORRECT ANSWER -
Manages AIP and PFC programs
APP-400 (Div. of APP) Airport Planning and Programming - CORRECT ANSWER -
Provides guidance on planning and development of nation's system of airports, ensures envi
ronmental impact by complying w/ NEPA, land use compatibility, and airport noise compatib
ility planning
AAS Office of Airport Safety and Standards - CORRECT ANSWER -
ACO Office of Airport Compliance and Management Analysis - CORRECT ANSWER -
Responsible for the oversight of airport fiscal practices relevant to federally mandated obliga
tions that are conditions for receiving grants
ACO-100 Financial Management Analysis - CORRECT ANSWER -
This division ensures airports follow federal requirements regarding the collection and use o
f revenue generated by aviation activities
ACO - Airport Compliance Division - CORRECT ANSWER -
This division is charged with developing and administering policies relevant to specific grant
Questions with Correct Answers 2025
ARP Airports Organization - CORRECT ANSWER -
Responsible for airport safety standards, planning, design, and construction
APP Office if Airport Planning and Programming - CORRECT ANSWER -
Administers policy for planning, development, and environmental protection. Also oversees
AIP grants and PFC program
APP-500 (Div. if APP) Airport Financial Assistance - CORRECT ANSWER -
Manages AIP and PFC programs
APP-400 (Div. of APP) Airport Planning and Programming - CORRECT ANSWER -
Provides guidance on planning and development of nation's system of airports, ensures envi
ronmental impact by complying w/ NEPA, land use compatibility, and airport noise compatib
ility planning
AAS Office of Airport Safety and Standards - CORRECT ANSWER -
ACO Office of Airport Compliance and Management Analysis - CORRECT ANSWER -
Responsible for the oversight of airport fiscal practices relevant to federally mandated obliga
tions that are conditions for receiving grants
ACO-100 Financial Management Analysis - CORRECT ANSWER -
This division ensures airports follow federal requirements regarding the collection and use o
f revenue generated by aviation activities
ACO - Airport Compliance Division - CORRECT ANSWER -
This division is charged with developing and administering policies relevant to specific grant
