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AAAE C.M. MODULE 1 - FINANCE AND ADMINISTRATION TEST WITH ANSWERS LATELY
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AAAE C.M. MODULE 1 - FINANCE AND ADMINISTRATION TEST WITH ANSWERS LATELY
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AAAE C.M. MODULE 1 -FINANCE AND
ADMINISTRATION TEST
WITH ANSWERS LATELY
UPDATED
Thefrevenuefstreamsfandfemploymentfoffmanyfindividualsfoffmanyfindividualsfandfco
mpaniesfinfthefcommunityfreliesfonfthef_______,f__________,fandf_____________ffu
nctioningfoffthefairport.f-fcorrectfanswer-safe,fsecure,fefficient
WhatfbeganfinfDecemberfoff1903fbyfthef_______________f______________fasfafsuc
cessfulfexperimentfhasfbecomefthefworld'sffastestftransportationfindustryfandfanfesse
ntialfcomponentfoffthefworldftransportationfsystem.f-fcorrectfanswer-WrightfBrothers'
Onefoffthefearlyfadoptersfoffaviationfwasfthef______f_____________________,fandfs
pecifically,fthef_____________fthatfusedfairplanesfonfaflimitedfbasisfduringfWWf____,
fcreatingfoverf______fairfieldsfinfthefprocess.f-fcorrectfanswer-U.S.fgovernment
military
If
,900
Thefrailroadfindustryfaccusedfthefgovernmentfoffcreatingfafmonopolyfonfcarryingfmailf(
byfair)fandfconvincedfCongressmanfClydefKellyfoffPennsylvaniaftofsponsorfthef____f_
______f_______foff1925.
ThisfactfisfalsofknowfasfThef_________f_______.f-fcorrectfanswer-
AirfMailfAct,fKellyfAct
ThefKellyfActf(AirfMailfActfoff1925)f-fcorrectfanswer-
Authorizedfthefpostmasterfgeneralftofcontractfforfdomesticfairmailfservicefwithfcommer
cialfairfcarriers.
ThefKellyfActfsetfforthfthefprecedentfthatfonlyfthosefwhofusef_____________fwouldfpa
yfforfit,fthusfprovidingfonefthefairportfindustry'sffirstfprinciplesf-
faviationfshouldf_____fforfitself.f-fcorrectfanswer-aviation
pay
AutomakerfHenryfFordfbecameftheffirstftofopenfafprivatef_____f___________fservicef
betweenfDetroitfandfChicago,fandfthefgovernmentfopenedfthefbiddingfforfprivatefcomp
aniesftofflyfmail.f-fcorrectfanswer-airffreight
AirfCommercefActfoff1926f-fcorrectfanswer-
Firstfattemptftofstandardizefandfregulatefcommercialfaviationftofestablishfandfimprovef
safetyfstandards.
AeronauticsfBranchf-fcorrectfanswer-WithinfthefDepartmentfoffCommercef
Responsibilities:
Fosteringfairfcommerce
Issuingfandfenforcingfairftrafficfrules
Licensingfpilots
Certifyingfaircraft
Establishingfairways
Operatingfandfmaintainingfnavigationalfaids
***fNOTE:fThefFAAfnowfhasfthesefresponsibilities.
Byf1954,fAAAEfadoptedftheffirstfprofessionalfaccreditationfstandardsfforftheirf_______
____________f_______________f______________f(ACE)fprogram.f-
fcorrectfanswer-AccreditedfAirportfExecutives
Throughoutfthef1930's,fthefAeronauticsfBranchfwouldfbefreorganizedfandfrestructured
fseveralftimes,feventuallyfbecomingfthef_______f__________________f__________
___________f(CAA)fbutfstillfunderfthefDepartmentfoffCommerce.f-fcorrectfanswer-
CivilfAeronauticsfAdministration
, Inf1940,fthefCAAfsplitfitsfauthorityfwithfthefnewly-
createdf_________f_____________f____________________f(CAB).f-
fcorrectfanswer-CivilfAeronauticsfBoard
Inf1940,fwhofretainedfitsfresponsibilityfforfAirfTrafficfControl,fpilotfandfaircraftfcertificati
on,fsafetyfenforcement,fandfairwayfdevelopment?f-fcorrectfanswer-CAA
Thef_____fwasfchargedfwithfmakingfthefsafetyfrules,fconductingfaircraftfaccidentfinve
stigations,fandfthefeconomicfregulationfoffthefairlines.f-fcorrectfanswer-CAB
AirlinefDeregulationfActfoff1978f-fcorrectfanswer-
Airlinesfandfairfcargofoperationsfwereffreeftofraiseforflowerfairfaresfandftofexpandforfre
movefroutesfandfdestinationsfatfwill.
Allowedfhub-and-spookfmodelftoftakefplace.
ThefFAAfhasfit'sfrootsfinfthefDepartmentfoffCommercefandfwasforiginallyfchargedfwithf
fosteringf____f____________.f-fcorrectfanswer-airfcommerce
AirfCommercefActf-fcorrectfanswer-
Prohibitedfusefofffederalffundsftofbuildforfimprovefairports.
ThefWorksfProgressfAdministrationf(WPA)f-fcorrectfanswer-
Assistedfinftheffundingfoffnumerousfnewfairportsfandfexpansionsfoffexistingffacilities.
SincefthefWPAfprovidedfonlyf____
%foffthefnecessaryffundingfforfairportfprojects,fthefairportfoperatorsfhadftofprovidefthef
otherf____%fthroughfbondsforfotherffundsf(cost-sharefapproach).f-fcorrectfanswer-50
50
Today,fbetweenf_____%f-_____
%foffafprojectfisfcoveredfbyfFAAfmoniesfforfcertainfeligiblefprojects..f-fcorrectfanswer-
75-90
DevelopmentfoffLandingfAreasfforfNationalfDefensef(DLAND)f-fcorrectfanswer-
SecretaryfoffWarfandfCommercefandfSecretaryfoffthefNavyfwerefallowedftofacquireflan
dfforfthefdevelopmentfoffairportsfneededfforfthefwarfeffort.
Aftotalfoff_________fairportsfwerefbuiltfthroughoutfthefU.S.funderfthefDLANDfprogram
.f-fcorrectfanswer-986
Afterfthefwar,f_______fairportsfwerefdeclaredfsurplusfandfhandedfoverftofcitiesfandfco
untiesfforfcivilfuse.f-fcorrectfanswer-500
Inf1946,fthefgovernmentfpassedfthefFederalfAidftofAirportsfAct,fwhichfcreatedfthef____
____f____f___f_______f_____________f)FAAP).f-fcorrectfanswer-
FederalfAidftofAirportsfProgram
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