FAA PCP Knowledge Test - Private Pilot Airplane Canadian Conversion Practice Questions - FAA Private Pilot Airplane Canadian Conversion Knowledge Test (Test Code PCP) Exam

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Under 14 CFR § 61.113, a private pilot carrying passengers on a cross-country flight may accept payment from those passengers only if the payment:

Does not exceed the pro-rata share of operating expenses (fuel, oil, airport expenditures, or rental fees) Includes a portion of the engine overhaul reserve fund and aircraft depreciation cost Covers 100% of all operating costs provided the pilot receives no personal hourly wages Includes reimbursement for aircraft insurance and hangar storage fees

Correct Answer:

Does not exceed the pro-rata share of operating expenses (fuel, oil, airport expenditures, or rental fees)

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