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WorksheetseFinance Drill Down Class
Total questions: 25
Worksheet time: 23mins
When does the accounting week close each week?
Friday, 4:30pm CST
Thursday, 4:30pm CST
Monday, 11:00am CST
Sunday, 4:30pm CST
The re-class module can be utilized to reverse an eTransfer.
True
False
eTransfers are automatically declined if sent during
the open month
the open week
closing
nurses week
What is the only eFinance module that remains open until day 3 of closing?
eTransfers
Inventory
Retail
Reclass
What percent discount does our contract provide on food purchases?
7%
16%
14.5%
6.5%
What percent discount does our contract provide on supply purchases?
14.5%
7%
6.5%
16%
What percent is our management fee?
9.61%
25%
7%
6.5%
What 2 calculations occur to all of our base labor costs?
Tax
Sick Pay
Fringe
Benefit Uplift
Payroll Fringe is also known as...
Burden Recovery
Tax
Socially Just
Admin Charge
Which of the following represents our profit model?
Cost + Labor
Food + Supplies
Fee - B/L
Fee - Discount
Is our management fee applied before or after the discounts are provided?
Before
After
When is the best time to complete P&L Reconciliation?
Last Day of the Month
First Day of the Month
Day 6 when numbers are final
Day 3 & 4 when numbers are preliminary
Who should you contact if you have questions about the variances that appear during P&L Reconciliation?
Accounting
FASTeam
Finance
RDO
If you do not have any variances to explain during P&L Reconciliation what should you do?
Have a Party
Enter a Reviewed Date
Nothing
e-Mail Aleasha
What report shows you the detail of everything that occurred within a GL code?
Financial Operating Summary
ICR
Monthly Transaction Report
P&L Report
At what point in the month will eForecast lock for the current month?
Third Sunday
Second Wednesday
Fourth Thursday
Third Wednesday
Where can you find all of your eFinance Resources?
TechSmart
MyCompass
IamTouchPoint
eFinance
What item(s) are a part of the cost of goods sold section on the FOS?
Paper
Food
Discounts
Management Fee
What labor report can you view on the first working business day to verify the accuracy of your labor for the month?
FOS
P&L Report
Monthly Transaction Report
Payroll Cost Calculation Worksheet
Creating accurate budgets can help you forecast.
True
False
Which of the following items impact your management fee?
Labor
Training
Food Purchases
Discounts
Today's presenter was
Penny Brooks
Aleasha Hartley
Beth Jenkins
Meghan Markle
Your P&L reconciliation shows a $100 food variance; what amount does your discount food variance show?
$6.50
$7.00
$9.61
$16.00
Starting in July 2019, our fringe rate will increase by how much?
0.25%
.04%
.6%
.3%
Why is GL coding important?
Fee Calculation
Discount Calculation
Contractual Obligations
All of the Above
