AAAE ACE Airport Finance Mod 1 Questions and Answers (Graded A)
Question: What is the ARP Airports Organization responsible
for?
Correct answer: Responsible for airport safety standards,
planning, design, and construction
Question: What is the role of the APP Office of Airport
Planning and Programming?
Correct answer: Administers policy for planning,
development, and environmental protection. Also oversees AIP grants and PFC program
Question: What does the APP-500 (Division of APP) Airport
Financial Assistance manage?
Correct answer: Manages AIP and PFC programs
Question: What is the function of APP-400 (Division of APP)
Airport Planning and Programming?
Correct answer: Provides guidance on planning and
development of nation's system of airports, ensures environmental impact by complying w/ NEPA, land use compatibility, and airport noise compatibility planning
Question: What is the AAS Office of Airport Safety and
Standards responsible for?
Correct answer: Responsible for airport safety standards
Question: What is the role of the ACO Office of Airport
Compliance and Management Analysis?
Correct answer: Responsible for the oversight of airport fiscal
practices relevant to federally mandated obligations that are conditions for receiving grants
Question: What does the ACO-100 Financial Management
Analysis division ensure?
Correct answer: This division ensures airports follow federal
requirements regarding the collection and use of revenueperturbed
System: revenue generated by aviation activities
Question: What is the role of the ACO - Airport Compliance
Division?
Correct answer: This division is charged with developing and
administering policies relevant to specific grant assurances that obligate airports to follow conditions for receiving a federal grant. It also investigates and adjudicates formal Part 16 complaints
Question: What is the role of Airports Regional and District
Offices?
Correct answer: FAA Headquarters administers aviation
policy, but the regional and district offices are delegated the responsibility to implement and manage FAA policies. There are 9 Regional offices.
Question: What are the responsibilities of the Airport District
Office (ADO)?
Correct answer: A planner and engineer are assigned
responsibilities to specific airports to assist with planning,
design and construction projects funded through AIP. ADO also administers the PFC program for airports in their district
Question: What is the APL - Office of Policy, International
Affairs and Environment responsible for?
Correct answer: Responsible for the development and
administration of national aviation policy including aviation forecasting, noise and emissions, international and environmental protection
Question: What is the role of the APO - Office of Aviation
Policy and Plans?
Correct answer: Responsible for developing documentation
and data for Federal decision makers. APO assesses financial impact of proposed legislation, does financial analysis and forecasting. Annually updates 20-year Aerospace Forecast.APO also updates Terminal Area Forecast (TAF)