QUESTION 20 What percentage of Fortune 500 companies operate business aircraft?

ID: 397276 • Letter: Q

Question

QUESTION 20

What percentage of Fortune 500 companies operate business aircraft?

Approximately 95%

Approximately 75%

Approximately 55%

Approximately 35%

4 points

QUESTION 21

Which of the following aircraft is an example of a Single-Engine Turboprop?

G-V

King Air 200

TBM 700

Robinson R44

4 points

QUESTION 22

The method of comparing the actual monthly expenditures with budgeted estimates is known as ___.

budget justification

variance reporting

financial planning

cost estimation

What percentage of Fortune 500 companies operate business aircraft?

Ans 1: Approximately 95%

Explanation: Most of the companies from the Fortune 500 list invest in business aircrafts.

Ans 2: TBM 700

Explanation: TBM 700 is a single-engine turboprop light business aircraft.

Ans 3: Variance reporting

Explanation: Variance reporting is a process to compare actual monthly expenditures with the estimated budget.

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