AELE MOCK EXAM — ENGINEERING ECONOMICS AND MANAGEMENT, LAWS, AND ETHICS (10%)
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179 Terms
In an official seal ___________ represents an aircraft.
wing section
3 multiple choice options
What are the categories according to JAR-66?
Cat. A, B1, B2, C.
3 multiple choice options
What is the relative weight of the subject Aircraft Construction and Repair in the technical written examination given prior to registration for the practice of aeronautical engineering?
15%
3 multiple choice options
An airport terminal design uses a small, narrow building
with aircraft parked on both sides.
Pier Terminal
3 multiple choice options
The objectives of ICAO were ratified by the:
Chicago convention 1944
3 multiple choice options
What is the maximum diameter of the seal of the Board of Aeronautical Engineering?
48 mm
3 multiple choice options
Who is primarily responsible for maintaining an aircraft in an airworthy condition
owner or operator of the aircraft
3 multiple choice options
On his 6th birthday a boy is left an inheritance. The inheritance will be paid in a lump sum of P 10,000 on his 21st birthday. What is the present value of the inheritance as of the boy's 6th birthday, if the interest is compounded annually? Assume i = 4%.
P 5,500
3 multiple choice options
Which is the correct symbol for the minimum control speed on the ground with critical engine failed?
VMCG
3 multiple choice options
In RA 9497, the Board Members are composed of how many members?
7
3 multiple choice options
Is the decrease in the value of an asset, due to usage of passage of time?
Depreciation
1 multiple choice option
Which PCAR part provides the requirements for Registration of Aircraft?
4
3 multiple choice options
What is the title of P.D. 1570.
Philippine Aeronautical Engineering Decree
3 multiple choice options
Thrust Reversers
ATA 78
3 multiple choice options
Per ICAO, markings on the taxiways and runways are painted _____, respectively.
yellow; white
3 multiple choice options
The amount of P 12,800 in 4 years at 5 % compounded quarterly is
P 15,614.59
3 multiple choice options
An association of two or more persons for a purpose of
engaging in a profitable business.
Partnership
3 multiple choice options
In economics, a "short-term" transaction usually has a lifetime of
5 years or less
3 multiple choice options
Each person performing an annual or 100-hour inspection shall use a checklist that contains at least those items in the appendix of ____.
14 CFR Part 43
3 multiple choice options
The kind of interest that is computed every end of each interest period, and the interest earned for that period is added to the principal.
Compound interest
1 multiple choice option
A non-type certificated type aircraft under PCAR shall have a registration marking starting with?
RP-S
3 multiple choice options
This is the maximum speed at which the landing gear on a retractable gear aircraft should be extended or
retracted.
VLO
3 multiple choice options
A document which shows the legal ownership of financial security and entitled to payments thereon.
Coupon
3 multiple choice options
A licensed flight navigator must hold which type of medical certificate?
Class 1
3 multiple choice options
It involves stationing people to work in the positions provided for by the organizational structure.
Staffing
3 multiple choice options
It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P 80,000 was approved at an interest rate of 14 % of which P 11,200 was deducted and you were given a check of P 68,800. Since you have to pay the amount of P 80,000 one year after, what then will be the effective interest rate?
16.28%
3 multiple choice options
An imaginary cost representing what will not be received if a particular strategy is rejected.
Opportunity Cost
3 multiple choice options
"As a witness before a court, commission, and/or other tribunal, he shall express an opinion only when it is founded on adequate and honest conviction." The above statement is under which section of the Code of Professional Ethics?
Section 3
3 multiple choice options
Which certificate from the authority signifies that you can operate the aircraft?
C of A
3 multiple choice options
The worth of the property equals to the original cost less depreciation.
Book Value
3 multiple choice options
Which PCAR part provides the requirements for Approved Training Organizations?
3
3 multiple choice options
Who issues the type certificate of an aircraft?
The national CAA.
3 multiple choice options
The manager who has corporate Authority for ensuring that all training commitments can be financed and carried out to the standard required by the Authority and any additional requirements defined by the ATO.
Accountable Manager
3 multiple choice options
This is the right or privilege, in respect of scheduled international air services, granted by one State to another State to put down and to take on, in the territory of the first State, traffic coming from or destined to a third State.
Fifth Freedom
3 multiple choice options
Fifteen years ago P 1,000.00 was deposited in a bank account, and today it is worth P 2,370.00. The bank pays interest semi-annually. What was the interest rate paid in this account?
5.8%
3 multiple choice options
P500 000 was deposited at an interest of 6% compounded quarterly. Compute the compounded interest after 4 years and 9 months.
P 163,475.37
3 multiple choice options
The keystone of professional conduct is _____.
integrity
3 multiple choice options
If an examinee has a general weighted average of 90% but has a score of less than 50% in one of his/her subject, did he/she pass?
No
3 multiple choice options
President Decree No. 1570 was signed last _____.
June 11, 1978
3 multiple choice options
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.
FAR part 25
3 multiple choice options
The republic act that made CIVIL AVIATION AUTHORITY OF THE PHILIPPINES
RA 9497
3 multiple choice options
The right to fly over another country without landing
1st freedom
3 multiple choice options
How long would you have to practice aeronautical engineering to be a board member or chairman of Aeronautical engineering?
10
3 multiple choice options
The maximum take-off weight of commuter category under FAR 23 is?
19,000 lbs
3 multiple choice options
The following are major activities of Aeronautical Engineering except?
Airline Operations
3 multiple choice options
Powers and Duties of the Board is under what section of PD1570?
Section 7
3 multiple choice options
Personnel Licensing is found on which PART of the Philippine Civil Air Regulation?
Part 2
3 multiple choice options
Which type of airspace are VFR flight prohibited?
Class A
3 multiple choice options
It established the International Civil Aviation Organization (ICAO).
Chicago Convention
3 multiple choice options
The act creating the Civil Aeronautics Board and the Bureau of Air Transportation was signed last _____.
June 20, 1952
3 multiple choice options
This is the maximum speed at which the landing gear on a retractable gear aircraft should be extended or
retracted
VLO
3 multiple choice options
Office created under CAAP that assists the DG for certification of aircraft and personnel.
FSIS
3 multiple choice options
Where are the minimum requirements defined for commercial air traffic between different countries?
In the ICAO Regulations
3 multiple choice options
Which of the following is a qualification of a board member for aeronautical engineering?
Not a member/faculty of any school or review center
3 multiple choice options
This part of EASA regulations contains the standard training procedures for maintenance technicians.
Part 147
3 multiple choice options
The primary purpose of a minimum equipment list (MEL) is to
List the equipment that can be inoperative and still not affect the airworthiness of an aircraft
3 multiple choice options
Market situation where there are only two buyers with many sellers.
Duopsony
3 multiple choice options
The total income equals the total operating cost.
Break even
3 multiple choice options
Consists of the actual counting or determination of the actual quantity of the materials on hand as of a given date.
Physical inventory
3 multiple choice options
Which is an example of an intangible asset?
Patents
3 multiple choice options
The quantity of a certain commodity that is offered for sale at a certain price at a given place and time.
Supply
3 multiple choice options
An association of two or more individuals for the purpose of operating a business as co-owners for profit.
Partnership
3 multiple choice options
The journal and the ledger together are known simply as _____________ of the company.
bookkeeping system
3 multiple choice options
These are products or services that are desired by human and will be purchased if money is available after the required necessities have been obtained.
Luxuries
3 multiple choice options
Money paid for the use of borrowed capital.
Interest
3 multiple choice options
Determine the ordinary simple interest on P700 for 8 months and 15 days if the rate of interest is 15%.
P74.38
3 multiple choice options
A loan of P5000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period.
5,937.50
3 multiple choice options
What is the ordinary interest on P1500.50 for 182 days at 5.2%?
P39.45
3 multiple choice options
Aircond Network Company borrowed P523,500 on May 13 with interest due on Sept. 27, 1999. If the intrest rate is 10%, find the interest on the loan using exact interest.
P19,649
3 multiple choice options
What is the corresponding effective rate of 18% compounded semi-quarterly?
19.48%
3 multiple choice options
Mandarin bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded.
Quarterly
3 multiple choice options
The amount of P12,800 in 4 years at 5% compounded quarterly is
P15, 614.59
3 multiple choice options
Scrap value of an asset is sometimes known as
salvage value
3 multiple choice options
A type of annuity where the payments are made at the end of each payment period starting from the first period.
Ordinary annuity
3 multiple choice options
What is the accumulated amount of the five year annuity paying P6,000 at the end of each year, with interest at 15% compounded annually?
P40,454.29
3 multiple choice options
How much must be deposited at 6% each year beginning on January 1, year 1, in order to accumulate P5,000 on the date of the last deposit, January 1, year 6?
P 717.00
3 multiple choice options
The first cost of any property includes
all of the above
3 multiple choice options
In SYD method, the sum of years digit is calculated using which formula with n = number of useful years of the equipment.
n(n+1)/2
3 multiple choice options
A machine has an initial cost of P50, 000 and a salvage value of 10,000 after 10 years. What is the book value after 5 years using straight line depreciation?
P30,000
3 multiple choice options
An equipment costs P10,000 with a salvage value of P500 at the end of 10 years. Calculate the annual depreciation cost by sinking fund method at 4% interest.
P791.26
3 multiple choice options
The Rules and Regulations including the Code of Ethics of the Board of Aeronautical Engineering shall be published in the Official Gazette and shall take effect in how many days after the date of their publication?
15 days
3 multiple choice options
When a certificate of registration is revoked by the Board of Aeronautical Engineering, when can it be reinstated?
After 2 years
1 multiple choice option
As per PD 1570, it is any contrivance invented, designed for navigation of or flight in the air
Aircraft
3 multiple choice options
On the seal of the Aeronautical Engineer, the words _________ shall be inscribed on the upper portion while the words ________ shall be inscribed on the lower portion of the circumference.
Aeronautical Engineer , Philippines
3 multiple choice options
What should be issued to all successful examinees of the technical written examination for aeronautical engineers upon payment of the required fee?
Certificate of Registration
3 multiple choice options
Which organization of aeronautical engineers is accredited by the government?
The Society of Aerospace Engineers of the Philippines
3 multiple choice options
The power to regulate the economic aspect of air transportation and general supervision and regulation of air carriers, general sales agents, cargo sales agents, and airfreight forwarders as well as their property, property rights, equipment, facilities, and franchise The power to regulate the economic aspect of air transportation and general supervision and regulation of air carriers, general sales agents, cargo sales agents, and airfreight forwarders as well as their property, property rights, equipment, facilities, and franchise rest on the _____.
Civil Aeronautics Board
3 multiple choice options
The title of R.A. 776 shall be "_____."
The Civil Aeronautics Act of the Philippines
3 multiple choice options
It is a permit issued by the Civil Aeronautics Board authorizing a domestic person or entity to engage in international and/or domestic, scheduled and/or non-scheduled air transportation services.
Certificate of Public Convenience and Necessity
3 multiple choice options
The Civil Aeronautics Board is composed of how many members?
5
3 multiple choice options
What is the minimum number of present board members to constitute a quorum?
3
No permit shall be issued for a period of more than _____.
25 years
3 multiple choice options
The Civil Aeronautics Administration shall be under the Administrative supervision and control of the _____.
Department of Commerce and Industry
3 multiple choice options
Chapter 6 of RA 776
Registration and Record
3 multiple choice options
R.A. 776 was approved on _____.
June 20, 1952
3 multiple choice options
Which PCAR part provides the requirements for investigating accidents and incidents?
13
3 multiple choice options
According to PCAR Part 11, a drone is only allowed to fly outside an Aerodrome reference point of?
10 km
3 multiple choice options
On airplanes with a seating capacity of more than 60 and less than 100 passengers, _____ megaphone/s shall be located at the place readily accessible to a normal flight attendant seat.
1
3 multiple choice options
Minimum number of fire extinguishers for less than 30 passengers.
1
3 multiple choice options
Per Part 7, on what factor does the number of first-aid kits to be carried on an aircraft rely?
Number of passenger seats installed
3 multiple choice options