If this booking cancel in 75% penalty, what would the penalty amount be?

CEL Groups Penalty & Refunds

Quiz
•
Financial Education
•
Professional Development
•
Hard

Global Learning MSS
Used 1+ times
FREE Resource
9 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What would we advise the travel partner is this booking is cancelling in 50% penalty?
I am sorry to hear they are cancelling. We do only have the deposit on this reservation so the total penalty would be $500. 00.
Good day, since this booking is not paid in full, we will refund the deposit to the guest.
I see the booking has deposit only, we would need to collect an additional payment to cover the full penalty.
Unfortunately, we are unable to cancel this reservation until it is paid in full.
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
If the booking cancels in 100% penalty, what would be the refund?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Gross Cruise Fare?
$3538.00
$2978.00
$3867.54
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Is this booking paid in full?
Yes
No
6.
DROPDOWN QUESTION
1 min • 1 pt
Booking is cancelling in 50% penalty. What is the total refund? (a)
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What line do we use to subtract the penalty amount to get the true refund?
Cross Referenced Payments
Gross
Net
Cruise Fare
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Are the funds cross referenced on the booking correctly?
Yes
No
9.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What are some issues with funds incorrectly cross referenced?
Refunds will not go out properly
Penalty will not be held properly
Outstanding penalty will show on the group
The reservation will error out when cancelling .
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