AAAE CM Final Exam Study Guide 2024/2025 QUESTIONS AND ANSWERS SOLVED AND
VERIFIED
The highest priority for an airport executive is to operate an airport in this manner - correct answer Safe and
secure
Off Airport land-use is addressed in this grant assurance - correct answer Compatible land-use number 21
An Airport has better access to city or county resources under this form of ownership structure - correct answer
Municipal
These publications/documents provide guidance and instruction to FAA personnel on compliance and safety issues
- correct answer FAA orders
Making good faith efforts to resolve a dispute is a requirement before this type of complaint moves forward -
correct answer Part 16
In order to receive federal money this document must be up to date - correct answer ALP
Aeronautical use - correct answer Activity makes possible or is required for the operation of an aircraft is called
Residual structure - correct answer Under this type of rate setting, airlines pay for the cost not covered. Airlines
have higher risk.
Tucker act - correct answer Violation involving federal contract
Grant assurances last for this many years when excepting airport improvement program money for construction
type projects - correct answer 20 years or the useful life of the improvement
Enterprise fund - correct answer When in Airport acts like a business
Grant assurances - correct answer The hidden regulations of Airport management
Revenue diversion - correct answer When airport revenue is used for non-airport purposes
Airport sponsor - correct answer Legal entity responsible for the management and operation of an airport or how
the FAA refers to the airport owner
, Self insurance - correct answer Type of insurance and requires Airport to invest in budget large amounts of liquid
capital
Entitlement grant - correct answer Type of AIP money based on operations, or enplanements
Physical access control system (ACAMS) - correct answer IT system used to allow, restrict, or track movement of
individuals who have been issued Airport credentials
Airport projects, more than this amount, funded by federal funds are required to implement a DBE program -
correct answer $250,000
Malicious outsider - correct answer 50 to 60% of data breaches are caused by this type of attacker
Electronic ALP - correct answer GIS enables this technology to better collaborate with the FAA related to Airport
design
Sealed bid - correct answer Federal contracting under this method contracts for construction must go to the lowest
responsive better
Value engineering - correct answer Promote substitution of materials with less expensive alternatives
Fuel flowage fees - correct answer In-lieu of landing fees many general aviation airports collect these from airport
users
Program guidance letters (PGL) - correct answer The FAA Periodically issues these to add or revise guidance related
to AIP
Type of bond secured by revenue of indebted facility - correct answer Facility bond
Phase of Airport development where airport operator determines how much to charge for leasing space - correct
answer Pro forma
Strategy used by airport operator in concession leasing to keep cost of products within reason - correct answer
Street pricing
Be assessed at commercial airport by Airport operator to a passenger flying out of the airport - correct answer
Passenger facility charge PFC
Social engineering - correct answer Known as the art of human manipulation
VERIFIED
The highest priority for an airport executive is to operate an airport in this manner - correct answer Safe and
secure
Off Airport land-use is addressed in this grant assurance - correct answer Compatible land-use number 21
An Airport has better access to city or county resources under this form of ownership structure - correct answer
Municipal
These publications/documents provide guidance and instruction to FAA personnel on compliance and safety issues
- correct answer FAA orders
Making good faith efforts to resolve a dispute is a requirement before this type of complaint moves forward -
correct answer Part 16
In order to receive federal money this document must be up to date - correct answer ALP
Aeronautical use - correct answer Activity makes possible or is required for the operation of an aircraft is called
Residual structure - correct answer Under this type of rate setting, airlines pay for the cost not covered. Airlines
have higher risk.
Tucker act - correct answer Violation involving federal contract
Grant assurances last for this many years when excepting airport improvement program money for construction
type projects - correct answer 20 years or the useful life of the improvement
Enterprise fund - correct answer When in Airport acts like a business
Grant assurances - correct answer The hidden regulations of Airport management
Revenue diversion - correct answer When airport revenue is used for non-airport purposes
Airport sponsor - correct answer Legal entity responsible for the management and operation of an airport or how
the FAA refers to the airport owner
, Self insurance - correct answer Type of insurance and requires Airport to invest in budget large amounts of liquid
capital
Entitlement grant - correct answer Type of AIP money based on operations, or enplanements
Physical access control system (ACAMS) - correct answer IT system used to allow, restrict, or track movement of
individuals who have been issued Airport credentials
Airport projects, more than this amount, funded by federal funds are required to implement a DBE program -
correct answer $250,000
Malicious outsider - correct answer 50 to 60% of data breaches are caused by this type of attacker
Electronic ALP - correct answer GIS enables this technology to better collaborate with the FAA related to Airport
design
Sealed bid - correct answer Federal contracting under this method contracts for construction must go to the lowest
responsive better
Value engineering - correct answer Promote substitution of materials with less expensive alternatives
Fuel flowage fees - correct answer In-lieu of landing fees many general aviation airports collect these from airport
users
Program guidance letters (PGL) - correct answer The FAA Periodically issues these to add or revise guidance related
to AIP
Type of bond secured by revenue of indebted facility - correct answer Facility bond
Phase of Airport development where airport operator determines how much to charge for leasing space - correct
answer Pro forma
Strategy used by airport operator in concession leasing to keep cost of products within reason - correct answer
Street pricing
Be assessed at commercial airport by Airport operator to a passenger flying out of the airport - correct answer
Passenger facility charge PFC
Social engineering - correct answer Known as the art of human manipulation
