AAAE ACE Airport Finance Mod 1 Questions with Correct Answers 2026

AAAE ACE Airport Finance Mod 1 v v v v v




QuestionswithCorrectAnswers2025
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ARP Airports Organization - CORRECT ANSWER -
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Responsible for airport safety standards, planning, design, and construction
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APP Office if Airport Planning and Programming - CORRECT ANSWER -
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Administers policy for planning, development, and environmental protection. Also oversees
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AIP grants and PFC program
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APP-500 (Div. if APP) Airport Financial Assistance - CORRECT ANSWER -
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Manages AIP and PFC programs
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APP-400 (Div. of APP) Airport Planning and Programming - CORRECT ANSWER -
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Provides guidance on planning and development of nation's system of airports, ensures envi
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ronmental impact by complying w/ NEPA, land use compatibility, and airport noise compatib ility
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planning
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AAS Office of Airport Safety and Standards - CORRECT ANSWER -
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ACO Office of Airport Compliance and Management Analysis - CORRECT ANSWER -
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Responsible for the oversight of airport fiscal practices relevant to federally mandated obliga
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tions that are conditions for receiving grants
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ACO-100 Financial Management Analysis - CORRECT ANSWER -
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This division ensures airports follow federal requirements regarding the collection and use o
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f revenue generated by aviation activities
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ACO - Airport Compliance Division - CORRECT ANSWER -
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This division is charged with developing and administering policies relevant to specific grant
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