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AVIA 360 Quiz 3 Completed 2023.

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AVIA 360 Quiz 3 Completed 2023.

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Review Test Submission: Quiz 3
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




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, 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.



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