AAAE ACE Airport Finance Mod 1 Questions with
Correct Answers 2025/2026
ARP g Airports g Organization g - g CORRECT g ANSWER g -
Responsible g for g airport g safety g standards, g planning, g design, g and g construction
APP g Office g if g Airport g Planning g and g Programming g - g CORRECT g ANSWER g -
Administers g policy g for g planning, g development, g and g environmental g protection. g Also
g oversees gAIP g grants g and g PFC g program
APP-500 g (Div. g if g APP) g Airport g Financial g Assistance g - g CORRECT g ANSWER
g - gManages g AIP g and g PFC g programs
APP-400 g (Div. g of g APP) g Airport g Planning g and g Programming g - g CORRECT g ANSWER g -
Provides gguidance gon gplanning gand gdevelopment gof gnation's gsystem gof gairports, gensures
genvi gronmental gimpact gby gcomplying gw/ gNEPA, gland guse gcompatibility, gand gairport
gnoise gcompatib gility g planning
AAS g Office g of g Airport g Safety g and g Standards g - g CORRECT g ANSWER g -
ACO g Office g of g Airport g Compliance g and g Management g Analysis g - g CORRECT g ANSWER
g - gResponsible g for g the g oversight g of g airport g fiscal gpractices g relevant g to g federally
g mandated g obliga gtions g that g are g conditions g for g receiving g grants
ACO-100 g Financial g Management g Analysis g - g CORRECT g ANSWER g -
This g division g ensures g airports g follow g federal g requirements g regarding g the g collection
g and g use g o gf g revenue g generated g by gaviation g activities
, ACO g - g Airport g Compliance g Division g - g CORRECT g ANSWER g -
This g division g is g charged g with g developing g and g administering g policies g relevant g to g specific
g grant
Correct Answers 2025/2026
ARP g Airports g Organization g - g CORRECT g ANSWER g -
Responsible g for g airport g safety g standards, g planning, g design, g and g construction
APP g Office g if g Airport g Planning g and g Programming g - g CORRECT g ANSWER g -
Administers g policy g for g planning, g development, g and g environmental g protection. g Also
g oversees gAIP g grants g and g PFC g program
APP-500 g (Div. g if g APP) g Airport g Financial g Assistance g - g CORRECT g ANSWER
g - gManages g AIP g and g PFC g programs
APP-400 g (Div. g of g APP) g Airport g Planning g and g Programming g - g CORRECT g ANSWER g -
Provides gguidance gon gplanning gand gdevelopment gof gnation's gsystem gof gairports, gensures
genvi gronmental gimpact gby gcomplying gw/ gNEPA, gland guse gcompatibility, gand gairport
gnoise gcompatib gility g planning
AAS g Office g of g Airport g Safety g and g Standards g - g CORRECT g ANSWER g -
ACO g Office g of g Airport g Compliance g and g Management g Analysis g - g CORRECT g ANSWER
g - gResponsible g for g the g oversight g of g airport g fiscal gpractices g relevant g to g federally
g mandated g obliga gtions g that g are g conditions g for g receiving g grants
ACO-100 g Financial g Management g Analysis g - g CORRECT g ANSWER g -
This g division g ensures g airports g follow g federal g requirements g regarding g the g collection
g and g use g o gf g revenue g generated g by gaviation g activities
, ACO g - g Airport g Compliance g Division g - g CORRECT g ANSWER g -
This g division g is g charged g with g developing g and g administering g policies g relevant g to g specific
g grant