Airlaws and Engineering Econ Assessment Welcome, You are about to take up the Airlaws and Engineering Econ Assessment. Please take note of the following before you take the assessment. This assessment is timed for 40 Mins and auto submit. Scores and correct answer will be displayed after taking up the assessment. You can only take the assessment twice so make sure you have a strong internet connection. All questions are required to have an answer. This assessment is composed of 25 items multiple choice type of question. Always remember: THINK, CHECK AND SUBMIT. If you have any concern, please feel free to contact us. E-mail Address: assessment@flightwingsaviation.com Facebook Page: www.facebook.com/flightwingsaviation GOODLUCK! Email Adress LMS USERNAME FULL NAME CLASS SECTION/SCHEDULE (FRI-AM, FRI-PM, SAT-AM, SAT-PM, SUN-AM, SUN-PM, ONLINE) 1. Details the airworthiness standards for airplanes with a maximum take-off weight of 12,500 lbs. or more, such as the Boeing 737 or Airbus A320. a. FAR part 23b. FAR part 25c. FAR part 27d. FAR part 29 A B C D None 2. Quantity at which revenues and cost are equal, or two alternatives are equivalent a. Breakeven pointb. Stand pointc. Point of returnd. Dept-equity matrix A B C D None 3. Is a group of men with respective duties and responsibilities working together as a team to attain its objective? a. Businessb. Associationc. Management d. Organization A B C D None 4. In the interest of the national economy and well-being, he shall always strive in the execution of his work for optimum efficiency, economy and safety. This code of ethics is under? a. Relation with the publicb. Relation with the engineersc. Relation with the clients and employeed. Relation with the state A B C D None 5. What is the first consideration in runway design? a. Most common aircraft to be accommodatedb. First aircraft to be accommodatedc. Largest aircraft to be accommodatedd. Smallest aircraft to be accommodated A B C D None 6. The board shall submit to the commission an annual report on its activities a. 50 days after the fiscal yearb. 60 days after the fiscal yearc. 70 days after the fiscal yeard. 80 days after the fiscal year A B C D None 7. Who has power over the commission? a. Board of aeronautical engr.b. Head of the senatec. Higher housed. The President of the Phil. A B C D None 8. Is a bona fide holder of a certificate of registration issued by the Board in accordance with PD 1570? a. Boardb. Commissionc. Aeronautical engineerd. President of the Phil A B C D None 9. The Chairman of CAB? a. Commanding general of Phil air forceb. Assistant Secretary for Air Transportation of the Department of Transportation and Communicationsc. Secretary of Transportation and Communications or Representatived. Director General of CAAP A B C D None 10. Established ICAO a. Warsaw conventionb. Rome conventionc. Paris conventiond. Chicago convention A B C D None 11. The right to fly between two foreign countries while not offering flights to one's own country. a. 6th freedomb. 7th freedomc. 8th freedomd. 9th freedom A B C D None 12. Where there is only one provider of a product or service. a. Monopsonyb. Monopolyc. Oligopolyd. Perfect competition A B C D None 13. Two or more people share ownership of a single business. a. Corporationb. Associationc. Partnershipd. Dual proprietorship A B C D None 14. The value at which an asset is carried on a balance sheet; equals cost minus accumulated depreciation a. Book valueb. Fair valuec. Market valued. Good will value A B C D None 15. Are mandates for controlling all aspects of aviation in the United States? a. FAAb. FARc. EASAd. PCAR A B C D None 16. The supply of a good refers to a. Stock available for saleb. Total stock in the warehousec. Actual production of goodsd. Quantity of the good offered for sale at a particular price per unit of time A B C D None 17. If $200 is deposited in a savings account at the beginning of each of 15 years and the account draws interest at 8% per compounded annually, the value of the account at the end of 15 years will be nearly a. 6,000b. 5,400c. 5,900 d. 6,900 A B C D None 18. Area within the runway which can be used to taxi but not for landing a. Clearance areab. Blastzonec. Thresholdd. Taxi way area A B C D None 19. If two way radio or computer communications and lighting systems are not available, how would a pilot confirm the tower command? a. Does not and just land on his own accordb. Call someone from the tower using mobile phonec. Use hand signalsd. Rock your wings A B C D None 20. If $46,000 is borrowed at 10% for 25 years, what equal end-of-year payments would be required to repay the loan by the end of the 25th year? a. $5079.15b. $5169.22c. $5069.20d. $5009.68 A B C D None 21. What interest rate, compounded annually, is needed for a principal of $4,000 to increase to $4,500 in 10 year? a. 12%b. 15%c. 11%d. 10% A B C D None 22. If $3000 is placed in an account at 5% and is compounded quarterly for 5 years. Nearly how much is in the account at the end of 5 years? a. $3000b. $4000c. $5000d. $6000 A B C D None 23. The first convention for the reservation of sovereignty of airspace by contracting nations was held at? a. Warsawb. Parisc. Romed. Guadalajara A B C D None 24. The republic act that made CIVIL AVIATION AUTHORITY OF THE PHILIPPINES a. RA776b. RA9497c. RA9794d. None of the above A B C D None 25. The right to fly over another country without landing a. 1st freedomb. 3rd freedomc. 5th freedomd. 8th freedom A B C D None 1 out of 3
