Quiz on Managing Equipment, Supplies & Preparing Budgets

Quiz on Managing Equipment, Supplies & Preparing Budgets

University

15 Qs

quiz-placeholder

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Quiz on Managing Equipment, Supplies & Preparing Budgets

Quiz on Managing Equipment, Supplies & Preparing Budgets

Assessment

Quiz

Hospitality and Catering

University

Practice Problem

Hard

Created by

Ain Shamimi

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term used to describe the stocks of purchased operating supplies, equipment, and other items held for future use in housekeeping operations?

Par stock

Non-recycled inventory

Recycled inventory

Inventory

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'Par stock' refer to in the hotel industry?

The total inventory value

The maximum level of supplies

The minimum level of supplies

The average level of supplies

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a benefit of inventory control?

Increases storage space

Facilitates cost accounting activities

Avoids duplication in ordering of stock

Reduces the risk of loss

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of maintaining a minimum quantity in inventory?

To ensure maximum stock levels

To prevent stockouts

To promote over-stocking

To increase carrying costs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which inventory control method involves a continuous record of all purchases and issued items?

FIFO

Perpetual Inventory System

Physical Inventory

LIFO

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does FIFO stand for in inventory management?

First In, Final Out

First In, First Out

Final In, First Out

First In, Fast Out

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of non-recycled inventory?

Vacuum cleaners

Guestroom supplies

Linens

Room attendant carts

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