Which of the Following Statement Best Fits the Role of IFALPA

question 29

Multiple Choice

Which of the following statement best fits the role of IFALPA in the aviation industry?

• A) To standardize the training programs of pilots across the globe
• B) To be a global advocate of the piloting profession programs of pilots across the globe
• C) To support aviation organizations business processes
• D) To ensure aviation organizations have leverage to manage employees
• E) To connect and support partnerships between different organizations

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Definitions:

Non-controlling Interest

The portion of equity in a subsidiary not owned by the parent company, showing the equity interest in a subsidiary held by minority shareholders.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenues.

Deferred Taxes

are taxes that are accumulated due to temporary differences between the accounting income and taxable income, and will be paid or received in the future.

Consolidated Statement

Financial statements that aggregate the financials of a parent company and its subsidiaries, presenting the finances as if the group were a single entity.