QUESTION 23 One of the advantages of choosing a Management Company as a flight m

Question

QUESTION 23

One of the advantages of choosing a Management Company as a flight method is ___.

having no need for aviation expertise

having maximum amount of control

having shared liability

having no overhead

4 points   

QUESTION 24

On-demand air transportation falls under the FAR Part ___.

121 and 125

91 and 135

61 and 141

all of the above

4 points   

QUESTION 25

Depreciation refers to the ___ of an asset during its lifespan.

change in value

accrual costs

indirect costs

replacement value

One of the advantages of choosing a Management Company as a flight method is ___.

Explanation / Answer

23. One of the advantages of choosing a Management Company as a flight method is having maximum amount of control over factors such as safety, comfort, costs, times etc.

24. On-demand air transportation falls under the Federal Aviation Regulations Part 91 and 135 as per guidlines.

25. Depreciation refers to the change in value of an asset during its lifespan thats is decrease in its value over time..

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