Exam 14: Front of the House and Managerial Mathematical Operations

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_____ are a system used to entrust accumulated money for safekeeping in a bank.

(Multiple Choice)
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An account becomes ____________________ when checks are written upon an account for a greater amount than the money in the account.

(Short Answer)
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____________________ ____________________ are the total amount of moneys that have been collected through direct charges that are billed directly to the guest or charged back to the room in a hotel.

(Short Answer)
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Find the total amount of each check. Round answers to the nearest cent. The amount of gratuity received was $7.95. How much was the check if the gratuity was 30%? $_______________

(Short Answer)
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At the end of each day or each service period, the cashier is required to fill out a _____. The report is a tool used by management to keep track of cash and charge sales.

(Multiple Choice)
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Calculate and total the following guest checks. Four guests dined at a casino cafe for lunch. They had two pints of ale, which cost $3.40 each; two iced teas @ $1.40 each; two club sandwiches @ $7.50 each; and two patty melts @ $5.85 each. $_______________

(Short Answer)
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At the end of each day or each service period, the cashier is required to fill out a ____________________ daily report, a tool used by management to keep track of cash and charge sales.

(Short Answer)
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Depositing money in an account is a way of holding money in reserve for future gross receipts.

(True/False)
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____________________ ____________________ ____________________ is a figure acquired by totaling the amounts of money paid out of the register during the day.

(Short Answer)
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_____ means that all charges (cost of food, beverages, tax, gratuity, etc.) are stated as one price, usually on a per-person basis.

(Multiple Choice)
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On the daily guest report there should be a place to enter all credit card receipts.

(True/False)
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____________________ is the sum paid for the use of money.

(Short Answer)
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Which of the following is not added to a guest check?

(Multiple Choice)
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Find the tips. Find the tips.

(Short Answer)
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Match the following chapter terms with their definition.
Premises:
A written statement that money, a package, a letter, and so forth, has been received
Responses:
deposit slip
interest
check register
Correct Answer:
Verified
Premises:
Responses:
A written statement that money, a package, a letter, and so forth, has been received
deposit slip
(Matching)
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Calculate the additional tip for each server using logic and multiplication to solve the problems. Round answers to the nearest cent. Rhonda sells 12 additional $5.40 appetizers each shift. If the gratuity is 35%, what is her additional income? $_______________

(Short Answer)
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Match the following chapter terms with their definition.
Premises:
Money that is paid for the use of borrowed money
Responses:
minimum charge
deposit slip
cover charge
Correct Answer:
Verified
Premises:
Responses:
Money that is paid for the use of borrowed money
minimum charge
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Most states and many municipalities have passed laws that mandate that the food service establishment collect a percentage of the guest bill in the form of sales taxes.

(True/False)
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At the end of a certain period of time (for example, one month, three months, etc.each-banking institution has its own regulations), the bank provides the depositor with a _____ showing the activity of the account during that time period.

(Multiple Choice)
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Tipping, also referred to as a(n) ____________________, is the giving of a fee for a service rendered.

(Short Answer)
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