CFI CBCA Final Exam Questions And Correct Verified Answers New Updated
Version
26
True - ANSWER=One way to avoid a learning plateau is to inform
20
students that they are normal before they happen
Where would 'accounts payable' most likely appear on a set of
financial statements? - ANSWER=On the balance sheet under 'current
liabilities' ly
Ju
Which is not a type of note found in a set of financial statements? -
ANSWER=Significant internaI controls
ng
What is the correct syntax for the =YEARFRAC function? -
si
ANSWER==YEARFRAC(startdate,end date,[basis])
ur
Which of the following is NOT a form of subordinated debt? -
N
ANSWER=Revolver
Which of the following is not a function of public accounting firms? -
ANSWER=Due dilligence
,Which ratio would you use to determine the profitability of the goods sold by a
company? - ANSWER=Gross Profit Margin
Horizontal analysis allows us to analyze performance over: -
ANSWER=Time
26
If a company wanted to finance the purchase of equipment without diluting
20
shareholders equity, which of the following operation could it consider? -
ANSWER=Issuing convertible bonds
ly
When calculating the quick ratio or "acid test" which current asset or liability is
Ju
omitted? - ANSWER=Inventory
What does "restricted" for a foreign pilot mean? - ANSWER=Their license in the U.S.
g
depends on their standing with their home country
in
Who can qualify for basicmed? - ANSWER=Hold a valid U.S. driver's license and
s
have held a medical after July 14, 2006
ur
How does pressure affect the earth? - ANSWER=Pressure causes wind as the earth
N
tries to establish equilibrium
What steers storms?- ANSWER=Wind
,How long must you keep endorsements of students? - ANSWER=3years
How long must you keep TSA documents of students - ANSWER=5years
26
What is important to check about digital endorsements? -
ANSWER=That they are up to date
20
When do VFR charts expire? - ANSWER=56 days
ly
What year were AFM's required after? - ANSWER=March 1st 1979
Ju
What is the main difference between an AFM and POH - ANSWER=The AFM has
ng
equipment schedule
si
What are control surfaces like in relationship with air? - ANSWER=A lever,
leverage creates the boundaries of C.G. limits, depending on travel of the
ur
control surfaces
N
What needs to be in a students file folder? - ANSWER=Alldocuments pertaining
to their training and proof of citzenship
, What is allowed for proof of citizenship? - ANSWER=Passport, and birth
certificate/U.S. citizenship + government photo ID
How does someone from a foreign country get a TSA endorsement, is it paper or
digital? - ANSWER=Digital, have to submit documentation,fingerprinting, and
26
background check
20
How long is the TSA endorsement for a foreign student valid? -ANSWER=5
years
ly
What are the elements of a lesson plan? - ANSWER=Objective,Content,
Ju
and Completion Standards
g
Can a CFI endorse someone where they've never been in the airplane with them,
in
if so give an ex. - ANSWER=Yes, ex. written endorsement,biannual flight review,
IPC, cross country after their initial solo
s
ur
Does standardization have to be redone? - ANSWER=Every 12calendar
months
N
How do you renew your CFI? - ANSWER=Passing students flight instructor
refresher course, take the check ride again
Version
26
True - ANSWER=One way to avoid a learning plateau is to inform
20
students that they are normal before they happen
Where would 'accounts payable' most likely appear on a set of
financial statements? - ANSWER=On the balance sheet under 'current
liabilities' ly
Ju
Which is not a type of note found in a set of financial statements? -
ANSWER=Significant internaI controls
ng
What is the correct syntax for the =YEARFRAC function? -
si
ANSWER==YEARFRAC(startdate,end date,[basis])
ur
Which of the following is NOT a form of subordinated debt? -
N
ANSWER=Revolver
Which of the following is not a function of public accounting firms? -
ANSWER=Due dilligence
,Which ratio would you use to determine the profitability of the goods sold by a
company? - ANSWER=Gross Profit Margin
Horizontal analysis allows us to analyze performance over: -
ANSWER=Time
26
If a company wanted to finance the purchase of equipment without diluting
20
shareholders equity, which of the following operation could it consider? -
ANSWER=Issuing convertible bonds
ly
When calculating the quick ratio or "acid test" which current asset or liability is
Ju
omitted? - ANSWER=Inventory
What does "restricted" for a foreign pilot mean? - ANSWER=Their license in the U.S.
g
depends on their standing with their home country
in
Who can qualify for basicmed? - ANSWER=Hold a valid U.S. driver's license and
s
have held a medical after July 14, 2006
ur
How does pressure affect the earth? - ANSWER=Pressure causes wind as the earth
N
tries to establish equilibrium
What steers storms?- ANSWER=Wind
,How long must you keep endorsements of students? - ANSWER=3years
How long must you keep TSA documents of students - ANSWER=5years
26
What is important to check about digital endorsements? -
ANSWER=That they are up to date
20
When do VFR charts expire? - ANSWER=56 days
ly
What year were AFM's required after? - ANSWER=March 1st 1979
Ju
What is the main difference between an AFM and POH - ANSWER=The AFM has
ng
equipment schedule
si
What are control surfaces like in relationship with air? - ANSWER=A lever,
leverage creates the boundaries of C.G. limits, depending on travel of the
ur
control surfaces
N
What needs to be in a students file folder? - ANSWER=Alldocuments pertaining
to their training and proof of citzenship
, What is allowed for proof of citizenship? - ANSWER=Passport, and birth
certificate/U.S. citizenship + government photo ID
How does someone from a foreign country get a TSA endorsement, is it paper or
digital? - ANSWER=Digital, have to submit documentation,fingerprinting, and
26
background check
20
How long is the TSA endorsement for a foreign student valid? -ANSWER=5
years
ly
What are the elements of a lesson plan? - ANSWER=Objective,Content,
Ju
and Completion Standards
g
Can a CFI endorse someone where they've never been in the airplane with them,
in
if so give an ex. - ANSWER=Yes, ex. written endorsement,biannual flight review,
IPC, cross country after their initial solo
s
ur
Does standardization have to be redone? - ANSWER=Every 12calendar
months
N
How do you renew your CFI? - ANSWER=Passing students flight instructor
refresher course, take the check ride again
