CFI CBCA FINAL EXAM 2026 ACTUAL EXAM 2026 Edition Questions And Correct
Detailed Answers
True - ANSWER=One way to avoid a learning plateau is to inform
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'
Which is not a type of note found in a set of financial statements?-
ANSWER=Significant internal controls
What is the correct syntax for the =YEARFRAC function?-
ANSWER==YEARFRAC(start_date,end_date,[basis])
Which of the following is NOT a form of subordinated debt?-
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
If a company wanted to finance the purchase of equipment without diluting
shareholders equity, which of the following operation could it consider?-
ANSWER=Issuing convertible bonds
When calculating the quick ratio or "acid test" which current asset or liability is
omitted?-ANSWER=Inventory
What does "restricted" for a foreign pilot mean?-ANSWER=Their license in the
U.S.depends on their standing with their home country
Who can qualify for basicmed? - ANSWER=Hold a valid U.S. driver's license and
have held a medical after July 14,2006
How does pressure affect the earth?-ANSWER=Pressure causes wind as the earth
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
What is important to check about digital endorsements?-
ANSWER=That they are up to date
When do VFR charts expire? - ANSWER=56 days
What year were AFM's required after? - ANSWER=March 1s 1979
What is the main difference between an AFM and POH-ANSWER=The AFM has
equipment schedule
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
control surfaces
What needs to be in a students file folder?-ANSWER=AII documents 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 submnit documentation,fingerprinting, and
background check
How long is the TSA endorsement for a foreign student valid? -
ANSWER=5 years
What are the elements of a lesson plan?-
ANSWER=Objective,Content,and Completion Standards
Can a CFI endorse someone where they've never been in the airplane with them,
if so give an ex. - ANSWER=Yes, ex. written endorsement,biannual flight review,
IPC, cross country after their initial solo
Does standardization have to be redone? -ANSWER=Every 12calendar
months
How do you renew your CFI? -ANSWER=Passing students flight instructor
refresher course, take the check ride again
Detailed Answers
True - ANSWER=One way to avoid a learning plateau is to inform
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'
Which is not a type of note found in a set of financial statements?-
ANSWER=Significant internal controls
What is the correct syntax for the =YEARFRAC function?-
ANSWER==YEARFRAC(start_date,end_date,[basis])
Which of the following is NOT a form of subordinated debt?-
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
If a company wanted to finance the purchase of equipment without diluting
shareholders equity, which of the following operation could it consider?-
ANSWER=Issuing convertible bonds
When calculating the quick ratio or "acid test" which current asset or liability is
omitted?-ANSWER=Inventory
What does "restricted" for a foreign pilot mean?-ANSWER=Their license in the
U.S.depends on their standing with their home country
Who can qualify for basicmed? - ANSWER=Hold a valid U.S. driver's license and
have held a medical after July 14,2006
How does pressure affect the earth?-ANSWER=Pressure causes wind as the earth
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
What is important to check about digital endorsements?-
ANSWER=That they are up to date
When do VFR charts expire? - ANSWER=56 days
What year were AFM's required after? - ANSWER=March 1s 1979
What is the main difference between an AFM and POH-ANSWER=The AFM has
equipment schedule
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
control surfaces
What needs to be in a students file folder?-ANSWER=AII documents 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 submnit documentation,fingerprinting, and
background check
How long is the TSA endorsement for a foreign student valid? -
ANSWER=5 years
What are the elements of a lesson plan?-
ANSWER=Objective,Content,and Completion Standards
Can a CFI endorse someone where they've never been in the airplane with them,
if so give an ex. - ANSWER=Yes, ex. written endorsement,biannual flight review,
IPC, cross country after their initial solo
Does standardization have to be redone? -ANSWER=Every 12calendar
months
How do you renew your CFI? -ANSWER=Passing students flight instructor
refresher course, take the check ride again
