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QUESTION 11 A simple and relatively short document detailing who can use the com

ID: 397273 • Letter: Q

Question

QUESTION 11

A simple and relatively short document detailing who can use the company aircraft is called ___.

Aircraft Use Policy

Standard Operating Procedures

Flight Operations Manual

Strategic Budget

4 points   

QUESTION 12

An arrangement whereby an owned aircraft is leased to another entity in exchange for equal time in that entity’s aircraft is called ___.

Interchange

Time Share

Joint Ownership

Contractual Lease

4 points   

QUESTION 13

___ has/have tax consequences.

Spousal travel

Personal travel

Joint ownership

All of the above

4 points   

QUESTION 14

Having no budget can lead to ___.

poor spending

poor management

difficulty measuring productivity

all of the above

A simple and relatively short document detailing who can use the company aircraft is called ___.

Explanation / Answer

Q11)Standard Operating Procedures

Q12)Contractual Lease

Q13)Joint ownership

Q14)all of the above

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