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WorksheetsATRN 425 Quiz 2
Total questions: 15
Worksheet time: 11mins
Name
Class
Date
1.
USED GENERALLY TO INCLUDE BOTH LEGAL CONTRACTS FOR THE AIR CARRIERS USE OF AIRFIELD FACILITIES AND LEASES FOR USE OF TERMINAL FACILITIES.
a)
Airport Use Agreement
b)
Budget Appropriation
c)
Operational Planning
d)
Budget Planning
2.
ESTABLISH THE TERMS AND CONDITIONS GOVERNING THE AIR CARRIERS’ USE OF AIRPORT.
a)
Airport Use Agreement
b)
Budget Appropriation
c)
Operational Planning
d)
Budget Planning
3.
SPECIFY THE METHODS FOR CALCULATING RATES AIR CARRIER MUST PAY FOR USE OF AIRPORT FACILITIES AND SERVICES.
a)
Airport Use Agreement
b)
Budget Appropriation
c)
Operational Planning
d)
Budget Planning
4.
UNDER WHICH ONE OR MORE CARRIERS COLLECTIVELY ASSUME SIGNIFICANT FINANCIAL RISK BY AGREEING TO PAY ANY COST OF RUNNING THE AIRPORT THAT ARE NOT ALLOCATED TO OTHER USERS OR COVERED BY ALL OTHER SOURCES OF REVENUE.
a)
Residual Cost Approach
b)
Airport Use Agreement
c)
Compensatory Cost
d)
Budget Appropriation
5.
THE AIRLINES THAT ENTER INTO SUCH A CONTRACT ASSUME SIGNIFICANT FINANCIAL RISK.
a)
Residual Cost Approach
b)
Airport Use Agreement
c)
Compensatory Cost
d)
Budget Appropriation
6.
THEY AGREE TO KEEP THE AIRPORT FINANCIALLY SELF-SUSTAINING BY MAKING UP ANY DEFICIT-THE RESIDUAL COST-REMAINING AFTER THE COSTS IDENTIFIED BY ALL AIRPORT USERS HAVE BEEN OFFSET BY OTHER SOURCES OF REVENUE(AUTOMOBILE PARKING AND TERMINAL CONCESSION),AS WELL AS REVENUE FROM OTHER NON SIGNATORY CARRIERS.
a)
Residual Cost Approach
b)
Airport Use Agreement
c)
Compensatory Cost
d)
Budget Appropriation
7.
THE RESIDUAL BETWEEN COSTS AND REVENUES PROVIDES THE BASIS FOR CALCULATING THE RATES CHARGED THE AIR CARRIER FOR THEIR USE OF FACILITIES.
a)
Residual Cost Approach
b)
Airport Use Agreement
c)
Compensatory Cost
d)
Budget Appropriation
8.
ANY SURPLUS REVENUES WOULD BE CREDITED TO THE AIRLINES AND ANY DEFICIT CHARGED TO THEM IN CALCULATING AIRLINE LANDING FEES OR OTHER RATES FOR THE FOLLOWING YEAR.
a)
Residual Cost Approach
b)
Airport Use Agreement
c)
Compensatory Cost
d)
Budget Appropriation
9.
BECOME THE STANDARD AGREEMENT BETWEEN AIRPORTS AND AIR CARRIERS IN THE YEAR BEFORE AIRLINE DEREGULATION AND STILL EXIST IN THE POST DEREGULATION ERA PARTICULARLY AT AIRPORTS WHERE AIR CARRIER DOMINATES THE MARKET SHARE.
a)
Residual Cost Approach
b)
Airport Use Agreement
c)
Compensatory Cost
d)
Budget Appropriation
10.
UNDER WHICH AIRPORT OPERATOR ASSUMES THE MAJOR FINANCIAL RISK OF RUNNING THE AIRPORT AND CHARGES THE AIR CARRIERS FEES AND RENTAL RATES SET SO AS TO RECOVER THE ACTUAL COSTS OF THE FACILITIES AND SERVICES THAT THEY USE.
a)
Residual Cost Approach
b)
Airport Use Agreement
c)
Compensatory Cost
d)
Budget Appropriation
11.
A COMPENSATORY AGREEMENT BETWEEN AN AIRPORT AND A SERVING AIR CARRIER REQUIRES THE AIR CARRIER TO PAY RATES AND CHARGES EQUAL TO THE COSTS OF THE FACILITIES USES, AS DETERMINED BY COST ACCOUNTING.
a)
Residual Cost Approach
b)
Airport Use Agreement
c)
Compensatory Cost
d)
Budget Appropriation
12.
THE AIRPORT OPERATOR ASSUMES THE FINANCIAL RISK OF AIRPORT OPERATIONS.
a)
Residual Cost Approach
b)
Airport Use Agreement
c)
Compensatory Cost
d)
Budget Appropriation
13.
PROVIDE NO GUARANTEE THAT FEES AND RENTS WILL BE SUFFICIENT TO ALLOW THE AIRPORT TO MEET ITS ANNUAL OPERATING AND DEBT SERVICE REQUIREMENTS.
a)
Residual Cost Approach
b)
Airport Use Agreement
c)
Compensatory Cost
d)
Budget Appropriation
14.
AIR CARRIERS’ AND OTHER TENANTS OF THE AIRPORT PAY RENT FOR SPACE AND USE OF FACILITIES IN PROPORTION TO THEIR PERCENTAGE OF ACTIVITY HOSTED AT THE AIRPORT.
a)
Residual Cost Approach
b)
Airport Use Agreement
c)
Compensatory Cost
d)
Budget Appropriation
15.
THE FIRST RESIDUAL COST CONTRACT.
a)
United Contract
b)
Chicago Convention
c)
Chicago Agreement
d)
Budget Contract
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