1.To a FBO manager that is involved in the sale and trade ofaircraft it would be necessary to understand that __________aircraft sell more quickly than __________ aircraft.

		New, used
		Used, new 2.Airports that are eligible for federal planning andconstruction grants under the Airport Improvement Program (AIP) areencouraged to prepare a full Master Plan about every five years andto keep track of intermittent changes to facilities andactivities. True False 3.Which one of the following flight operations is considered tobe a scheduled operation? Charter Air-taxi Commuter 4.The use of which form would be the most appropriate forensuring line personnel only perform the exact tasks requested bythe customer? Customer order form Line invoice form 8710 form 5.Information generated by a management information system canbe used to generate ratios which can be used to further indicatebusiness situations in a general sense. Which one of the followingis NOT a type of ratio that would normally be used by an FBOmanager to analyze such information? Liquidity ratios Legal ratios Leverage ratios 6.The airport slot system was established to limit the number oftakeoff and landing operations of non-scheduled flights that couldbe performed at airports in the United States where demand fortheir runway(s) exceeded capacity for such operations. In turn theslot system has left little room for scheduled flights. True False