Engineering Economics and Management, Laws and Ethics Conceptual Questions (Mock Exams) copied no pass

What do you call the market situation categorized of having few buyers and many sellers?
a. Oligopsony
b. Oligopoly
c. Monopoly
d. Monopsony

A

Which is not an example of an intangible asset?
a. Brand recognition
b. Goodwill
c. Trademarks
d. Investment

D

If you have an urgent message to transmit regarding the safety of an airplane, what word do you prefix the message with?
a. Attention
b. SELCAL
c. Mayday
d. Pan-pan

D

An FAA Form 337 is used to record and document _____.
a. preventive and unscheduled maintenance and special inspections
b. major and minor repairs and alterations
c. major repairs and major alterations
d. minor inspections

C

In which book would you expect to find a CMR, a maintenance statement, a sector record, and a deferred defect?
a. Aircraft logbook
b. Supplemental certificate
c. Technical logbook
d. Updated flight manual

A

Which is considered a practice of aeronautical engineering?
a. Commercial flying
b. Research about fluid dynamics
c. Selling cleaning agents for aircraft
d. Teaching Algebra

B

An EASA IR B1.2 engineer can certify ______.
a. aircraft: turbine-engined
b. aircraft: both turbine-engined and piston-engined
c. aircraft: piston-engined
d. helicopters: turbine-engined

C

How may people sign/s a CRS after scheduled maintenance?
a. One
b. One on each category
c. Two
d. Three

A

He/she has corporate authority for ensuring that all maintenance, preventive maintenance and modification required by the aircraft owner/operator can be financed and carried out to the standard required by the Authority.
a. HR Manager
b. Director for Finance
c. Director for Quality and Safety
d. Accountable Manager

D

Which convention deals with the unification of rules related to damage caused by aircraft to third parties on the surface?
a. Guadalajara
b. Hague
c. Rome
d. Tokyo

C

Thrust reversers are under _____.
a. ATA 75
b. ATA 76
c. ATA 77
d. ATA 78

D

What should be issued to all successful examinees of the technical written examination for aeronautical engineers upon payment of the required fee?
a. Certificate of Competence
b. Certificate of Excellence
c. Certificate of Reciprocity
d. Certificate of Registration

D

When free competition exists, the price of a product will be that value where supply is equal to the demand. This is commonly known as "_____."
a. Law of Diminishing Return
b. Law of Supply and Demand
c. Law of Market Equilibrium
d. Law of Competing Prices

B

Those resources that help to perform all activities toward the achievement of the objective.
a. Manpower
b. Machine
c. Money
d. Materials

B

The power to regulate the economic aspect of air transportation is with the _____.
a. Civil Aviation Authority of the Philippines
b. Civil Aeronautics Board
c. Department of Transportation and Communication
d. Philippine Aerospace Development Corporation

B

This is a function that lays the groundwork for all other functions.
a. controlling
b. directing
c. planning
d. organizing

C

When were the Rules and Regulations of the Board of Aeronautical Engineering approved and promulgated by the Professional Regulation Commission?
a. October 12, 1982
b. October 12, 1983
c. August 12, 1982
d. August 12, 1983

A

Which part of the 14 CFR provides information regarding instrument range markings for an airplane certificated in the transport category?
a. 23
b. 25
c. 27
d. 29

B

Each person performing an annual or 100-hour inspection shall use a checklist that contains at least those items in the appendix of ____.
a. 14 CFR Part 43
b. 14 CFR Part 65
c. 14 CFR Part 91
d. AC 43.13-3

A

Which maintenance action is an airframe major repair?
a. Changes to the wing or to fixed or movable control surfaces that affect flutter and vibration characteristics.
b. Replenishing oil.
c. Rewinding the field coil of an electrical accessory.
d. Repairing of portion of skin sheets by making additional seams.

D

For planning purposes, an aerodrome is categorized by an aerodrome reference code. This code is composed of two elements: a number and a letter. What does the number signify?
a. Aerodrome Reference Field Length
b. Single Wheel Loading Classification
c. Crash/Rescue Category
d. Load Classification Number

A

The act creating the Civil Aeronautics Board and the Bureau of Air Transportation was signed last _____.
a. March 4, 2008
b. June 11, 1978
c. August 29, 1963
d. June 20, 1952

D

It is defined as the difference of the future value and the present value.
a. Discount
b. Interest
c. Market value
d. Scrap value

A

For night landing, the thresholds are lighted _____.
a. blue
b. green
c. red
d. yellow

B

President Decree No. 1570 was signed last _____.
a. June 11, 1968
b. June 11, 1973
c. June 11, 1976
d. June 11, 1978

D

It contains the specifications and data for certificated aircraft when the number of registered aircraft is 50 or fewer.
a. Aircraft Listings
b. Aircraft Specifications
c. Airworthiness Directives
d. Manufacturer's Published Data

A

What is the correct height of marking to be painted on a lighter-than-air aircraft?
a. 30 cm
b. 40 cm
c. 48 cm
d. 50 cm

D

The keystone of professional conduct is _____.
a. courtesy
b. honesty
c. integrity
d. justice

C

Issuance of the Certificate of Public Convenience is the duty of _____.
a. Civil Aviation Authority of the Philippines
b. Civil Aeronautics Board
c. Department of Transportation and Communication
d. Philippine Aerospace Development Corporation

B

What is the secondary surveillance radar code for radio failure or lost
communications?
a. 2200
b. 7500
c. 7600
d. 7700

C

CAMO stands for _____.
a. Continuing Airworthiness Management Organization
b. Continuing Aviation Maintenance Office
c. Certified Airworthiness Maintenance Organization
d. Certified Aviation Management Office

A

Per ICAO, markings on the taxiways and runways are painted _____, respectively.
a. white; white
b. yellow; yellow
c. white; yellow
d. yellow; white

D

He shall express his opinion on an engineering subject only when he is fully familiar and knowledgeable of all facts relating to the subject.
a. Relations with the Clients and Employers
b. Relations with the Engineers
c. Relations with the Profession
d. Relations with the Public

D

In R.A. 9497, the Board Members are composed of many persons?
a. 2
b. 3
c. 5
d. 7

D

The first licensure examination for aeronautical engineers was conducted by the PRC last _____.
a. July 1982
b. July 1983
c. November 1982
d. November 1983

B

An airline is planning a flight that will require a technical landing in a neighboring state. Which freedom of the air will be exercised?
a. 1st
b. 2nd
c. 3rd
d. 4th

B

What is the factor name of the formula (1+i)^-n?
a. Capital Recovery
b. Interest Recovery
c. Single Payment Present Worth
d. Uniform Gradient Future Worth

C

Upon arriving at the most distant airport, what is the fuel reserve requirement for a turbo-propeller flag air carrier airplane?
a. 90 minutes at holding altitude and speed fuel consumption or 30 minutes plus 15% of cruise fuel consumption, whichever is less.
b. 60 minutes at holding altitude.
c. 45 minutes at holding altitude.
d. 30 minutes plus 15% of the total time required or 90 minutes at normal cruise, whichever is less.

D

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?
a. 10 days
b. 15 days
c. 20 days
d. 25 days

B

The chairman of the Civil Aeronautics Board is the _____.
a. DOT Secretary
b. DOTC Secretary
c. ATO Director
d. PADC President

B

The length of time that the property may be operated at a point.
a. Economic life
b. Operating life
c. Physical life
d. Pot life

A

Per Dr. James Reason, there are two types of human failure that can occur. They are _____.
a. active and latent
b. mental and physical
c. proper and improper
d. standard and non-standard

A

A form of fixed-interest security issued by central or local government, companies, banks or other institutions. They are usually a form of long-term security, buy may be irredeemable, secured or unsecured.
a. Bond
b. Common stock
c. Preferred stock
d. T-bill

A

The interest rate at which the present work of the cash flow on a project is zero of the interest earned by an investment.
a. Effective Rate
b. Nominal Rate
c. Rate of Return
d. Yield

C

Which part of the Federal Aviation Regulations prescribes the requirements for issuing mechanic certificates and associated ratings and the general operating rules for the holders of these certificates and ratings?
a. 14 CFR 43
b. 14 CFR 65
c. 14 CFR 91
d. AC 43.13-3

B

Which law regulates the practice of aeronautical engineering in the Philippines?
a. PD 1570
b. RA 9497
c. Civil Aviation Regulations
d. None of the above

A

Which government body implements the requirements under PD 1570?
a. The Civil Aeronautics Board
b. The Civil Aviation Authority of the Philippines
c. The Board of Aeronautical Engineering of PRC
d. None of the above

C

According to PD 1570, how many members are there in the Board of Aeronautical Engineering?
a. 2
b. 3
c. 4
d. 5

B

Who appoints the members of the Board of Aeronautical Engineering?
a. The Chairperson of the Professional Regulations Commission
b. The Director General of the CAAP
c. The Secretary of DOTC
d. The President of the Philippines

D

What is the minimum age to be a qualified member of the Board of Aeronautical Engineering?
a. 18
b. 21
c. 31
d. 41

C

According to PD 1570, how long could a person
serve as a member of the board?
a. Indefinitely
b. 3 years only
c. 2 years per term with a maximum of two successive terms
d. 3 years per term with a maximum of two successive terms

D

Does the board have power over those who have no certificate but practice the profession of aeronautical engineering?
a. Yes
b. No
c. It is not defined in PD 1570
d. Yes, only if the person have a CAAP license

A

According to PD 1570, if a person is below 21 years old, can that person be allowed to take the licensure examination for aeronautical engineers?
a. No
b. Yes
c. Yes, only if permitted by the CAAP Board of Directors
d. Yes, only if permitted by the CAAP Director General

A

Are foreigners allowed to take the licensure
exam for aeronautical engineers?
a. No
b. Yes
c. Yes, only if permitted by the Director General of CAAP
d. Yes, only with proof of reciprocity from his State

D

Can an aerospace engineering graduate take the licensure exam for aeronautical engineers?
a. No
b. Yes
c. Yes, only if permitted by the Board of Aeronautical Engineering
d. Yes, only if he also holds a CAAP license

C

How many times in a year are licensure exams for aeronautical engineers held?
a. Once a year
b. Twice a year
c. Once every two years
d. As many times as the Board of Aeronautical Engineering may require

A

Is there a specific date and place when and where the licensure exams are held?
a. No
b. Yes
c. The CAAP will determine the date and place
d. The Board of Aeronautical Engineering will determine the place but the date is fixed

A

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?
a. No
b. Yes
c. The Board of Aeronautical Engineering will decide
d. The Chairman of the PRC will decide

A

Which document/s is/are issued by the Board of Aeronautical Engineering to a successful examinee entitling him/her the rights and privileges of a registered aeronautical engineer?
a. The Aeronautical Engineer License
b. The Identification Card of an Aeronautical Engineer
c. The Certificate of Registration of an Aeronautical Engineer
d. None of the above

C

Is it legal for the professional organization to require all aeronautical engineers to remain a member in good standing?
a. Yes
b. No
c. It is not defined in PD 1570
d. It is legal but is not being implemented

A

Which organization of aeronautical engineers is accredited by the government?
a. The Society of Aerospace Engineers of the Philippines
b. The Philippine Technological Council
c. The Aeronautical Engineering Research Organization
d. The Philippine Society of Aeronautical Engineers

A

When a certificate of registration is revoked by the Board of Aeronautical Engineering, when can it be reinstated?
a. After 1 year
b. After 2 years
c. After 3 years
d. Never

B

Is operating an aircraft considered a practice of aeronautical engineering?
a. Yes
b. No
c. It is not defined in PD 1570
d. Only when the Aeronautical Engineer is acting as Captain

B

Is it allowed by law to practice aeronautical engineering without a certificate of registration as an aeronautical engineer?
a. Yes
b. No
c. It is not defined in PD 1570
d. Only when he has an identification card as an engineer

B

Who is allowed to enforce PD 1570?
a. Police officers
b. CAAP
c. Either CAAP or police officers or both
d. None of the above

C

According to PD 1570, which of the following is not considered an aircraft?
a. Missile
b. Airship
c. Kite
d. None of the above

C

Which of the following is not considered practice of aeronautical engineering?
a. Designing an aircraft structure
b. Teaching Aerodynamics
c. Flying an Airplane
d. None of the above

C

Which statement is true with regards to the seal of the Board of Aeronautical Engineering?
a. The design of the seal shows an airplane
b. The leading edge of the wing is on the left side
c. The leading edge of the wing is on the right side
d. The atom in the design has five electrons

C

Which of the following statement is true with regards to the scope of the examination?
a. There are five major subjects
b. The relative weight of the subject Aircraft Construction, Repair and Modification is 10%
c. Both choices are true
d. None of the above

D

Who are exempted from the examination?
a. No one is exempted
b. Those that have at least 3 years' experience as a Practicing Aeronautical Engineer
c. Anyone who applies may be granted exemption if he/she pays for it
d. None of the above

D

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 23
b. FAR part 25
c. FAR part 27
d. FAR part 29

B

Quantity at which revenues and cost are equal, or two alternatives are equivalent
a. Breakeven point
b. Stand point
c. Point of return
d. Dept-equity matrix

A

Is a group of men with respective duties and responsibilities working together as a team to attain its objective?
a. Business
b. Association
c. Management
d. Organization

D

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 public
b. Relation with the engineers
c. Relation with the clients and employee
d. Relation with the state

D

Velocity on a V-n Diagram is always measured in?
a. Knots-equivalent airspeed
b. Knots-true airspeed
c. Kph-true air speed
d. KPH equivalent airspeed

A

What is the first consideration in runway design?
a. Most common aircraft to be accommodated
b. First aircraft to be accommodated
c. Largest aircraft to be accommodated
d. Smallest aircraft to be accommodated

C

The board shall submit to the commission an annual report on its activities
a. 50 days after the fiscal year
b. 60 days after the fiscal year
c. 70 days after the fiscal year
d. 80 days after the fiscal year

B

Who has power over the commission?
a. Board of aeronautical engr.
b. Head of the senate
c. Higher house
d. The President of the Phil.

D

Is a bonafide holder of a certificate of registration issued by the Board in accordance with PD 1570?
a. Board
b. Commission
c. Aeronautical engineer
d. President of the Phil

C

The Chairman of CAB?
a. Commanding general of Phil air force
b. Assistant Secretary for Air Transportation of the Department of Transportation and Communications
c. Secretary of Transportation and Communications or Representative
d. Director General of CAAP

C

Established ICAO
a. Warsaw convention
b. Rome convention
c. Paris convention
d. Chicago convention

D

The right to fly between two foreign countries while not offering flights to one's own country.
a. 6th freedom
b. 7th freedom
c. 8th freedom
d. 9th freedom

B

Where there is only one provider of a product or service.
a. Monopsony
b. Monopoly
c. Oligopoly
d. Perfect competition

B

Two or more people share ownership of a single business.
a. Corporation
b. Association
c. Partnership
d. Dual proprietorship

C

The value at which an asset is carried on a balance sheet; equals cost minus accumulated depreciation
a. Book value
b. Fair value
c. Market value
d. Good will value

A

Are mandates for controlling all aspects of aviation in the United States?
a. FAA
b. FAR
c. EASA
d. PCAR

A

The supply of a good refers to
a. Stock available for sale
b. Total stock in the warehouse
c. Actual production of goods
d. Quantity of the good offered for sale at a particular price per unit of time

D

Area within the runway which can be used to taxi but not for landing
a. Clearance area
b. Blastzone
c. Threshold
d. Taxi way area

C

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 accord
b. Call someone from the tower using mobile phone
c. Use hand signals
d. Rock your wings

D

The first convention for the reservation of sovereignty of airspace by contracting nations was held at?
a. Warsaw
b. Paris
c. Rome
d. Guadalajara

B

The republic act that made CIVIL AVIATION AUTHORITY OF THE PHILIPPINES
a. RA 776
b. RA 9497
c. RA 9794
d. None of the above

B

The right to fly over another country without landing
a. 1st freedom
b. 3rd freedom
c. 5th freedom
d. 8th freedom

A

The Board of aeronautical engineering was created under
a. RA 776
b. PD 1570
c. CMO 86 of 2007
d. RA9497

B

Is the function of management that involves setting objectives and determining a course of action for achieving those objectives?
a. Controlling
b. Planning
c. Forecasting
d. Leading

B

Who shall investigate all violations of the provisions of PD1570?
a. Commission
b. Board
c. President of the Philippines
d. None of the above

B

The remaining value of an asset after it has been fully depreciated
a. Good will value
b. Market value
c. Remarketing value
d. Salvage/scrap value

D

Is an annuity where the payment period extends forever or the periodic payments continue indefinitely
a. Ordinary annuity
b. perpetuity
c. Annuity due
d. Depreciation

B

Is the actual interest earned in one year?
a. Nominal rate
b. Absolute rate
c. Lapse rate
d. Effective rate

D

A series of uniform payment made at equal intervals of time
a. Perpetuity
b. Annual rate
c. Regular rate
d. Annuity

D

How long would you have to practice aeronautical engineer to be a board member or chairman of Aeronautical engineering?
a. 8
b. 10
c. 12
d. It does not matter how long

B