Statements regarding a company-owned-management company


Question: Which of the following statements regarding a company-owned-management company-operated aircraft operation is not true? Group of answer choices The company may have access to other aircraft in the management company's fleet. Nearly all management companies who offer this type of service operate under FAR Part 135. The company owning the aircraft may be able to save some fixed costs by selling time on its aircraft. All of the above statements are true.

 

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Accounting Basics: Statements regarding a company-owned-management company
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