QUESTION 20 What percentage of Fortune 500 companies operate business aircraft?
ID: 397276 • Letter: Q
Question
QUESTION 20
What percentage of Fortune 500 companies operate business aircraft?
Approximately 95%
Approximately 75%
Approximately 55%
Approximately 35%
4 points
QUESTION 21
Which of the following aircraft is an example of a Single-Engine Turboprop?
G-V
King Air 200
TBM 700
Robinson R44
4 points
QUESTION 22
The method of comparing the actual monthly expenditures with budgeted estimates is known as ___.
budget justification
variance reporting
financial planning
cost estimation
What percentage of Fortune 500 companies operate business aircraft?
Explanation / Answer
Ans 1: Approximately 95%
Explanation: Most of the companies from the Fortune 500 list invest in business aircrafts.
Ans 2: TBM 700
Explanation: TBM 700 is a single-engine turboprop light business aircraft.
Ans 3: Variance reporting
Explanation: Variance reporting is a process to compare actual monthly expenditures with the estimated budget.