Final answer:
An annual inspection on an FAA certificated aircraft must be conducted by an individual who holds an Airframe and Powerplant (A&P) mechanic certificate with Inspection Authorization (IA) privilege.
Step-by-step explanation:
In the United States, the Federal Aviation Administration (FAA) has established regulations for the inspection and maintenance of aircraft. According to these regulations, an annual inspection on an FAA certificated aircraft must be conducted by an individual who holds an Airframe and Powerplant (A&P) mechanic certificate with Inspection Authorization (IA) privilege. This means that only A&P mechanics with an IA endorsement are authorized to perform annual inspections on FAA certificated aircraft.