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Front office Accounting Fundamentals

Total questions: 20

Worksheet time: 11mins

Name
Class
Date
1.

City Account is also known as

a)

Guest Account

b)

Non Guest Account

c)

Master Account

d)

Folio

2.

Opening balance + Debit entries – Credit entries =

a)

Previous balance

b)

Amount

c)

Outstanding amount

d)

None of the above

3.

At Departure, the final bill of the guest is prepared and settled so that the outstanding balance is brought to

a)

Reduce

b)

Increase

c)

Zero

d)

No change

4.

In case of credit settlement, the account balance is transferred to ________

a)

Guest Account

b)

Non Guest Account

c)

Management account

d)

All of these

5.

Responsibility of collecting the balance of non guest account is of __________department.

a)

Finance

b)

Sales & Marketing

c)

Human resource

d)

Account

6.

Allowances given to the guest is a _________ entry in the guest account

a)

Credit

b)

Debit

c)

Total

d)

None of the above

7.

Health center, business center& Laundry charges are examples of ______ entries of the guest account

a)

Credit

b)

Total

c)

Debit

d)

None of the above

8.

At the time of reservation, if the guest pays an advance amount ,you will

a)

Maintain the account

b)

Settle the account

c)

Create the account

d)

None of the above

9.

______ is the limit for each guest, which is the maximum amount of credit that the hotel will extend to

a)

Debit limit

b)

Finance limit

c)

Card limit

d)

Credit Limit

10.

______ is the difference between the totals of entries on the left & right side of the account

a)

Account Balance

b)

Folio

c)

Guest Account

d)

City Ledger

11.

______ is statement of all transactions affecting the balance of a single account

a)

Account

b)

Folio

c)

Check

d)

All of these

12.

Non Guest Account is also known as

(a)  

13.

Guest Accounts are complied on daily basis

a)

True

b)

False

c)

May Be

d)

None of the above

14.

______folio records all expenses to be paid by the guest at the time of check out (which are not settled by his company)

a)

Master

b)

Employee

c)

Incidental

d)

None of the above

15.

_____folio is assigned to charge groups or organizations

a)

Incidental

b)

Guest

c)

Master

d)

All of the above

16.

In which stage of accounting cycle,conducts verification's of postings(entries) made into guest accounts

a)

Creation of accounts

b)

Settlement of accounts

c)

Maintaining the guest account

d)

None of the above

17.

In fully automated systems , + 13456 and - 3245, Positive amounts depicts____ charge and Negative amount depicts__charge

a)

Debit,Credit

b)

Credit,Debit

c)

Debit,Debit

d)

Credit,Credit

18.

In accounting terminology ,Left side of an account is called ____side and right side___ side

a)

Debit,Credit

b)

Credit,Debit

c)

Credit,Credit

d)

None of the above

19.

After the guest check out, if guests bill is not fully paid the balance is transferred from____ to ______records

a)

Non guest ,Guest

b)

Guest,Non Guest

c)

Guest ,Employee

d)

None of the above

20.

POS Means

(a)