AVIA 360 Exam 1 Liberty University
AVIA 360 Quiz Determining the Need
AVIA 360 Quiz Safety
AVIA 360 Quiz Running the Business
AVIA 360 Quiz Operations
- What are the three divisions of on-demand air transportation?
- At the time of this book being written, how many business aircraft (turbojet and turboprop) were being flown worldwide?
- Which is an example of a tangible benefit of corporate aviation?
- Personal and business aviation are separated by one singe factor:
- The purpose of business aviation is to provide safe, efficient, and convenient air transportation to support the mission and goals of
- Commercial air transport is separated by the FAA into
- Approximately how much of airline service supports business travelers?
- Key-person insurance policies often use salary multipliers of what value to help better value the time of an employee?
- Corporate aircraft operations are distinct from employee-flown operations because of
- Which is an example of a variable cost?
- It is important for the flight department manager to be aware that company culture
- Fractional ownership shares are based on this maximum annual aircraft
- Often individuals select a method of on-demand travel based on
- Which is an example of a fixed cost?
- All methods of on-demand air transportation should be viewed as
- Which aspect of company travel is considered in an air transportation analysis?
- What happens to the total cost per hour as utilization increases?
- With regard to flight records, what does the IRS require to be included for each leg of a trip?
- Which is a deciding factor when it comes to the decision to either purchase of lease the aircraft?
- Which specific flight department document helps to outline how the aircraft is used and who can use it?
- Who is responsible for ensuring that the aircraft maintenance and inspections are complied with?
- What formula is used to help value a flight for personal use?
- What is the purpose of IS-BAO?
- Which method of on-demand transportation provides a good value to operators needing 100 to 150 annual hours?
- What is the percentage of companies that do not or minimally ask internal departments to compensate for the use of the company aircraft?
- Corporate aviation can
- An arrangement where an aircraft is leased in return for equal time in the others airplane is a
- When purchasing a new aircraft, the customer should
- As hourly utilization increases, cost per hour
- Commercial air transport is separated by the FAA into:
- The corporation Aircraft Owners Association changed its name to the National Business Aviation Association in
- What was the first passenger cabin jet aircraft used in corporate aviation?
- From a business perspective, one of the greatest advantages offered by owning a company aircraft is the:
- What government service initially encouraged aircraft manufacturers to create larger and more capable aircraft?
- An engine overhaul, aircraft repainting, and interior refurbishing are all parts of a
- What aircraft has been the most popular turboprop?
- While the airlines can serve about 500 airports across the United States, business aircraft can access:
- Once data is collected from a travel analysis, the data is used so that additional analysis may be conducted to match
- An arrangement where one owner pays for management and crew of an airplane and each other owner pays a fee for those services is a
- What aircraft will continue to be the workhorse aircraft for corporate aviation?
- Determining whether a company would be well advised to purchase ancillary aviation services or initiate their own business flight department is the objective of a
- The fourth phase in the financial accounting process is
- A graphical representation of costs at various levels of activity shown on the same chart as the variation of income with the same variation in activity is a
- Who was the first owner/operator of the Citation X in 1996?
- The typical third phase of the financial planning process is
- The aviation manager is typically involved in the annual operational budget and
- Full ownership
- The purpose of business aviation is to provide safe, efficient, and convenient air transportation to support the mission and goals of:
- Costs that must be paid on a periodic basis regardless of whether the aircraft flies or not are
- Because of the benefits of corporate aviation, over