AAAE CM, MODULE 1 EXAM 180 QUESTIONS AND
CORRECT{VERIFIED} ANSWERS NEWEST 2024-2025//ALREADY
GRADED A+
Explain what Grant assurance 24 means, as if you're explaining it to your airport board? - ANSWER-Has
to do with setting fees and lease rates and other charges that are directed at making the airport as self
sustaining as possible. (No sweetheart deals)
What does 'self-sustainability' mean? - ANSWER-Maintain the utility of the federal investment in the
airport and relates to the principle that those not using aviation transportation are not paying for it.
What's the difference for establishing rates for aeronautical vs. non-aeronautical rates? What are the
exceptions? - ANSWER-Aeronautical rates especially relating to the movement areas should be
breakeven type fees. They should cover the cost of maintaining the operations in that area.
Non-movement and non-aeronautical areas must be based on fair market value. Exceptions for FMV are
as follows; community purposes; not-for-profit organizations; transit; military
How do residual agreements work? - ANSWER-The airline pays the gap in the operating expenses vs.
revenues in the event of a deficit. And received a payment for a portion of the surplus in the event
revenues exceed costs.
What can be included in the base rate? - ANSWER-Rate base is the total costs of all costs associated with
providing airfield facilities and services. It can include: cost of airfield facilities; services like snow
removal; debt services; cash reserves, and environmental costs.
When are federal procurement policies and processes required to be used? - ANSWER-When using
federal funds
What are the federal procurement policies designed to do? - ANSWER-To promote fair and open
competition and to ensure integrity in the public procurement process.
What are the various types of contracts and their central elements? - ANSWER-Fixed-fee are typically
required of construction projects but time and materials contracts can be allowed if there are too many
variables in the project.
,What are the dollar requirements and minimum public posting requirements for construction contracts
using federal funding? - ANSWER-$100,000 and then you must advertise publicly.
Briefly describe the DBE requirements. - ANSWER-Socially and economically disadvantage business that
own at least a 51% interest. Individual personal net income can't exceed $1.32 M
What are the 4 areas airport executives should assess when upgrading a computer system? - ANSWER-1.
Compatibility & Integration
2. Security & Safety
3. Scalability
4. Usability
IT: what is airfield lighting? - ANSWER-Essential to the safety of the airport at night.
IT: Airport Noise and Operations Monitoring System - ANSWER-Tracks noise events and provides flight
track analysis
IT: Passenger processing systems - ANSWER-Common use check in; multi-user flight information displays
IT: Business and Financial Management System - ANSWER-Business functions; word excel, intranets e-
mail, telephony
IT: Property and Asset Management Systems - ANSWER-Track asset ownership
Lease and concession management
Digital asset management system
IT: Physical Access Control System - ANSWER-Allow, restrict or track movement of people who have
been issued airport credentials
, IT: Facility and Maintenance - ANSWER-Environmental functions, heating, ventilation, air conditioning,
electrical, water, sewer
IT: Airport Operational Database - ANSWER-Centralized data storage shared by other users (gate usage
or baggage system)
What is hacking? - ANSWER-illegal entry into someone else's computer system to access personal or
sensitive information
What is Denial of Service? - ANSWER-Basically sends a overload of data so it crashes a system to disable
a machine, making it unavailable to users.
What is social engineering? - ANSWER-The art of human manipulation; pretends to be someone trusted
and uses leverage to gain information.
What is malware? - ANSWER-software that is intended to damage or disable computers and computer
systems. Frequently by clicking on a hyperlink.
What is phishing? - ANSWER-Can come in the form of calls, e-mails, messages or websites and is
designed to steel information such as credit card numbers or personal info.
What is Spear Phishing? - ANSWER-Highly targeted attack where e-mails are sent to only a few
individuals in an organization
What is identity theft / data mining? - ANSWER-Collecting and examine large databases in order to
generate new information
What are the three types of insurance under CGL? - ANSWER-1. Hangar Keepers - coverage of damage to
aircraft
2. Premises Liability - injury to persons or property
Product Liability - fuel and oil usage
CORRECT{VERIFIED} ANSWERS NEWEST 2024-2025//ALREADY
GRADED A+
Explain what Grant assurance 24 means, as if you're explaining it to your airport board? - ANSWER-Has
to do with setting fees and lease rates and other charges that are directed at making the airport as self
sustaining as possible. (No sweetheart deals)
What does 'self-sustainability' mean? - ANSWER-Maintain the utility of the federal investment in the
airport and relates to the principle that those not using aviation transportation are not paying for it.
What's the difference for establishing rates for aeronautical vs. non-aeronautical rates? What are the
exceptions? - ANSWER-Aeronautical rates especially relating to the movement areas should be
breakeven type fees. They should cover the cost of maintaining the operations in that area.
Non-movement and non-aeronautical areas must be based on fair market value. Exceptions for FMV are
as follows; community purposes; not-for-profit organizations; transit; military
How do residual agreements work? - ANSWER-The airline pays the gap in the operating expenses vs.
revenues in the event of a deficit. And received a payment for a portion of the surplus in the event
revenues exceed costs.
What can be included in the base rate? - ANSWER-Rate base is the total costs of all costs associated with
providing airfield facilities and services. It can include: cost of airfield facilities; services like snow
removal; debt services; cash reserves, and environmental costs.
When are federal procurement policies and processes required to be used? - ANSWER-When using
federal funds
What are the federal procurement policies designed to do? - ANSWER-To promote fair and open
competition and to ensure integrity in the public procurement process.
What are the various types of contracts and their central elements? - ANSWER-Fixed-fee are typically
required of construction projects but time and materials contracts can be allowed if there are too many
variables in the project.
,What are the dollar requirements and minimum public posting requirements for construction contracts
using federal funding? - ANSWER-$100,000 and then you must advertise publicly.
Briefly describe the DBE requirements. - ANSWER-Socially and economically disadvantage business that
own at least a 51% interest. Individual personal net income can't exceed $1.32 M
What are the 4 areas airport executives should assess when upgrading a computer system? - ANSWER-1.
Compatibility & Integration
2. Security & Safety
3. Scalability
4. Usability
IT: what is airfield lighting? - ANSWER-Essential to the safety of the airport at night.
IT: Airport Noise and Operations Monitoring System - ANSWER-Tracks noise events and provides flight
track analysis
IT: Passenger processing systems - ANSWER-Common use check in; multi-user flight information displays
IT: Business and Financial Management System - ANSWER-Business functions; word excel, intranets e-
mail, telephony
IT: Property and Asset Management Systems - ANSWER-Track asset ownership
Lease and concession management
Digital asset management system
IT: Physical Access Control System - ANSWER-Allow, restrict or track movement of people who have
been issued airport credentials
, IT: Facility and Maintenance - ANSWER-Environmental functions, heating, ventilation, air conditioning,
electrical, water, sewer
IT: Airport Operational Database - ANSWER-Centralized data storage shared by other users (gate usage
or baggage system)
What is hacking? - ANSWER-illegal entry into someone else's computer system to access personal or
sensitive information
What is Denial of Service? - ANSWER-Basically sends a overload of data so it crashes a system to disable
a machine, making it unavailable to users.
What is social engineering? - ANSWER-The art of human manipulation; pretends to be someone trusted
and uses leverage to gain information.
What is malware? - ANSWER-software that is intended to damage or disable computers and computer
systems. Frequently by clicking on a hyperlink.
What is phishing? - ANSWER-Can come in the form of calls, e-mails, messages or websites and is
designed to steel information such as credit card numbers or personal info.
What is Spear Phishing? - ANSWER-Highly targeted attack where e-mails are sent to only a few
individuals in an organization
What is identity theft / data mining? - ANSWER-Collecting and examine large databases in order to
generate new information
What are the three types of insurance under CGL? - ANSWER-1. Hangar Keepers - coverage of damage to
aircraft
2. Premises Liability - injury to persons or property
Product Liability - fuel and oil usage
