1.

An Aeronautical Engineer shall have an official seal bearing his name and his registration
number as provided in PD 1570 ___________.
a. Section 4
b. Section 14
c. Section 16
d. Section 25
2. It is the maximum number of consecutive terms an individual can serve as member of the
board.
a. One
b. Two
c. Three
d. Four
3. Who shall conduct the written licensure examination for Aeronautical Engineers?
a. Board
b. Commission
c. Commission and Board
d. None of the above
4. The flow back of profit plus depreciation from a given project is called____________.
a. Capital recovery
b. Cash flow
c. Economic return
d. Earning value
5. A price tag of P 1,200 is payable in 60 days but if paid within 30 days it will have a 3%
discount. Find the rate of interest.
a. 36.12%
b. 36.33%
c. 37.11%
d. 37.66%
6. P 5000 is borrowed for 75 days at 16 % per annum simple interest. How much will be the due
at the end of 75 days?
a. P 5,166.67
b. P 5,238.67
c. P 5,333.33
d. P 5,412.67
7. What is defined as the future value minus the present value?
a. Yield
b. Rate of return
c. Capital
d. Discount
8. Double taxation is a disadvantage of which business organization?
a. Sole proprietorship
b. Partnership
c. Enterprise
d. Corporation

9. What is the simplest form of business organization?

a. Sole proprietorship
b. Partnership
c. Enterprise
d. Corporation
10. What is PCAR Part 5?
a. Instrument and equipment
b. Operations
c. Airworthiness
d. Aircraft registration and markings
11. AMO stands for :
a. Aircraft Maintenance Operation
b. Aircraft Maintenance Organization
c. Approved Maintenance Operation
d. Approved Maintenance Organization
12. An approved list of items which may be inoperative for flight under specified conditions and/or
specific limited periods of time.
a. MMEL
b. HIL
c. CDL
d. MEL
13. Who shall enforce the provisions of PD 1570 and prosecute anybody violating the same?
a. Supreme Court
b. Law Enforcing Officers
c. Both a and b
d. None of the above
14. What type of bond is issued jointly by two or more corporations?
a. Mortgage bond
b. Joint bond
c. Tie-up bond
d. Trust bond
15. The imprisonment period for violating the law governing the practice of Aeronautical
Engineering is ________________.
a. From one year to ten years
b. From one year to five years
c. From six months to one year
d. From six months to six years
16. The following documents shall be present on board the aircraft prior its RTS, EXCEPT ______.
a. C of A
b. C of R
c. Radio station license
d. Aircraft maintenance Checklist

17. A defined area on land or water intended to be used either wholly or in part for the arrival,
departure and movement of aircraft is called ________.
a. Airport
b. Aerodrome
c. Runway
d. Ramp
18. The exact simple interest of P5000 invested from June 21,1995 to December 25,1995 is
P100.What is the rate of interest?
a. 3.50%
b. 3.60%
c. 3.70%
d. 3.90%
19. Gross margin is the ratio of the gross profit to _____________.
a. Net sales
b. Owners equity
c. Inventory turn over
d. Quick assets
20. Major modification on aircraft engines and parts shall require approval from
a. AOC
b. AMO
c. CAAP
d. None of the above
21. Mathematical expression also known as the present value of annuity of one is called ______.
a. Load factor
b. Demand factor
c. Sinking fund factor
d. Present worth factor
22. PCAR stands for :
a. Public Civil Aircraft Requirement
b. Philippine Civil Aircraft Regulations
c. Public Civil Aviation Regulations
d. Philippine Civil Aviation Regulation
23. Following are Authorized Personnel to Approve for Return to Service of an aircraft except :
a. Pilot licensed by the authority
b. Licensed Aviation Maintenance Technician
c. Authorized representative of an AMO
d. Avionics Maintenance specialist
24. RA 776 does not apply to _____________.
a. Civilian aircraft
b. Leased foreign aircraft
c. Military aircraft
d. Public aircraft

25. It regulates the economic aspect of air transportation.

a. Air transportation office
b. Civil aeronautics board
c. Manila international airport authority
d. None of the above
26. The ratio of the net income before taxes to net sales is called __________.
a. Current ratio
b. Inventory turn over
c. Profit margin ratio
d. Price-earnings ratio
27. A holder of an AMT license desiring to renew his license must accomplish and submit the
requirements in a period of _____prior to the expiry of his license.
a. 30 days
b. 2 weeks
c. 3 months
d. 15 days
28. The quantity of certain commodity that is offered for sale at a certain price at a given time and
place is known as ________.
a. Supply
b. Demand
c. Necessity
d. Utility
29. The quantity of certain commodity that is bought at a certain price at a given time and place is
known as _______.
a. Supply
b. Demand
c. Necessity
d. Utility
30. What market situation exists where there are few sellers and few buyers?
a. Oligopoly
b. Oligopoly
c. Bilateral oligopoly
d. Bilateral oligopoly
31. The qualifications for a person to be appointed as member of the board of Aeronautical
Engineering as provided in PD 1570 are given in _________.
a. Section 4
b. Section 14
c. Section 16
d. Section 25
32. An Aeronautical Engineer shall have an official seal bearing his name and his registration
number as provided in PD 1570 ___________.
a. Section 4
b. Section 14
c. Section 16
d. Section 25

33. What is the simplest form of business organization?

a. Sole proprietorship
b. Partnership
c. Enterprise
d. Corporation
34. The paper currency issued by the central bank which forms part of the countrys money supply.
a. T-bills
b. Bank note
c. Check
d. Coupon
35. RA 776 does not apply to _____________.
a. Civilian aircraft
b. Leased foreign aircraft
c. Military aircraft
d. Public aircraft
36. It regulates the economic aspect of air transportation.
a. Air transportation office
b. Civil aeronautics board
c. Manila international airport authority
d. None of the above
37. The _______ in the seal of an Aeronautical Engineer symbolizes that the Aeronautical
Engineering is a dynamic and progressive profession.
a. Wing section
b. Shock waves
c. Atom
d. Electrons
38. What is the relative weight of the subject Aircraft Construction and Repair in the technical
written examination given prior to registration for the practice of aeronautical engineering?
a. 10%
b. 15%
c. 20%
d. 25%
39. __________is the airworthiness standard for transport category airplanes
a. FAR 23
b. FAR 25
c. FAR 27
d. FAR 29
40. Who shall organize an Aircraft accidents Investigation and Inquiry Board?
a. CAB
b. DOTC
c. CAAP
d. Air operator

41. What refers to an imaginary cost representing what will not be received if a particular strategy
is rejected?
a. Ghost cost
b. Horizon cost
c. Null cost
d. Opportunity
42. What is used when a quick estimate of the doubling time is needed?
a. Rule of 48
b. Rule of 36
c. Rule of 24
d. Rule of 72
43. It is a sharp sudden increase in money or credit or both without corresponding increase in
business transactions.
a. Subrogation
b. Inflation
c. Resultant
d. Deflation
44. Mandarin bank advertises 9.5% accounts that yield 9.84% annually. Find how often is the
interest compounded.
a. Monthly
b. Quarterly
c. Semi annually
d. Continuously
45. The convention on damage caused by foreign aircraft to third parties on the surface.
a. Tokyo convention
b. Hague convention
c. Chicago convention
d. Rome convention
46. Who shall enforce the provisions of PD 1570 and prosecute anybody violating the same?
a. Supreme Court
b. Law Enforcing Officers
c. Both a and b
d. None of the above
47. What is the maximum diameter of the seal of the Board of Aeronautical Engineering?
a. 45mm
b. 48mm
c. 50mm
d. 52mm
48. Who is the chairman of the Civil Aeronautics Board?
a. DOF secretary
b. Executive Director of the CAB
c. DOTC secretary
d. Commanding General of the PAF

49. In how many years is required for P2,000 to increase by P3000 if interest at 12% compounded
semi-annually?
a. 9
b. 10
c. 7
d. 8
50. The effective rate of 14% compounded semi-annually is
a. 12.36%
b. 14.94%
c. 14.88%
d. 14.49%