Course 202040 Fall 2020 AVIA 360-B01 LUO
Test Quiz 3
Submitted 10/1/20
Status Needs Grading
Attempt Score Grade not available.
Time Elapsed 55 minutes out of 1 hour
Instructions 60-minute time limit
Both multiple-choice and essay questions
Open-book/open-notes
Be sure to have your Class Project Excel file open and
ready
One essay, two short answer, fifteen multiple choice
questions = 50 points
Results All Answers, Feedback
Displayed
Question 1
2 out of 2 points
Which is a basic financial process highlighted in the text?
Answer Plannin
s: g.
Spendin
g.
Saving.
Question 2
2 out of 2 points
As a rule of thumb, what is the utilization range for considering charter as an option for
meeting an on-demand need?
Answer 100 - 150
s: hours
150 - 300
hours
200 - 400
hours
Question 3
2 out of 2 points
The purpose of business aviation is to provide safe, efficient, and convenient air
transportation to support the mission and goals of
This study source was downloaded by 100000869267694 from CourseHero.com on 07-13-2023 03:40:23 GMT -05:00
https://www.coursehero.com/file/69359500/AVIA-360-Quiz-3docx/
, Answer the FAA.
s:
the corporation.
the flight
department.
Question 4
2 out of 2 points
Which event in history helped boost confidence in air transportation?
Answer Wright brothers first flight.
s:
Lindbergh transatlantic flight.
The development of the long-range bombers
of WWII.
Question 5
2 out of 2 points
What formula is used to help value a flight for personal use?
Answer DOC x .
s: 40
MACRS
SIFL
Question 6
2 out of 2 points
Annual Aircraft Operating Costs
Determine the approximate Total Cost per Hour with the following data for a utilization
level of 320 flight hours.
Variable Cost ....$1,533
Fixed Cost .........$330,000
Answer $2,5
s: 64
$2,13
1
$1,53
3
Question 7
2 out of 2 points
What must a manager do to have key managerial skills become a part of their repertoire?
Answer Learn them.
This study source was downloaded by 100000869267694 from CourseHero.com on 07-13-2023 03:40:23 GMT -05:00
https://www.coursehero.com/file/69359500/AVIA-360-Quiz-3docx/