Exam 14: Front of the House and Managerial Mathematical Operations

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Find the total amount of each check. Round answers to the nearest cent. The amount of gratuity received was $10.50. How much was the check if the gratuity was 20%? $_______________

(Short Answer)
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The _____ is given to the depositor by the banking institution, so the depositor can record deposits and checks and know the balance of money on hand.

(Multiple Choice)
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Find the amount of tip for each of the following bills if the tip equals 18% of the bill. Round answers to the nearest cent. $82.32 $_______________

(Short Answer)
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Match the following chapter terms with their definition.
Premises:
A form given to the depositor by the financial institution so the depositor can record deposits and checks and know the balance of money on hand
Responses:
sales tax
guest check
minimum charge
Correct Answer:
Verified
Premises:
Responses:
A form given to the depositor by the financial institution so the depositor can record deposits and checks and know the balance of money on hand
sales tax
(Matching)
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You are a waitperson at a high-end restaurant with a check average of $55.00 per person. A gratuity of 18% is automatically added onto each check. You worked five shifts and served a total 168 guests during the week. What is your additional income for the week?

(Multiple Choice)
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Match the following chapter terms with their definition.
Premises:
The bill or bill of sale used in a restaurant
Responses:
guest check
expenditure
receipt
Correct Answer:
Verified
Premises:
Responses:
The bill or bill of sale used in a restaurant
guest check
(Matching)
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In banquet service, a(n) _____ is almost always added automatically onto the bill.

(Multiple Choice)
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Find the amount of tip for each of the following bills if the tip equals 18% of the bill. Round answers to the nearest cent. $25.46 $_______________

(Short Answer)
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Establishments featuring live music, a floor show, or some special type of entertainment usually add a minimum charge to the check.

(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 profit and loss statement showing the activity of the account during that time period.

(True/False)
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If a deposit is made in person at a bank, the money being deposited is accompanied by a ____________________ ____________________, which provides the depositor and the bank with a record of the transaction.

(Short Answer)
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Match the following chapter terms with their definition.
Premises:
A present or money given in return for a service; also called a tip
Responses:
sales tax
cover charge
minimum charge
Correct Answer:
Verified
Premises:
Responses:
A present or money given in return for a service; also called a tip
sales tax
(Matching)
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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 a(n) ____________________ ____________________.

(Short Answer)
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If the money is deposited in a checking account, it is held in reserve to cover any check amount written by the depositor. A _____ is a written order directing the bank to make a payment for the depositor.

(Multiple Choice)
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Checking the bank statement is one of the steps involved in using a checking account.

(True/False)
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Match the following chapter terms with their definition.
Premises:
A tool used by management to keep track of cash and charge sales
Responses:
check
expenditure
check register
Correct Answer:
Verified
Premises:
Responses:
A tool used by management to keep track of cash and charge sales
check
(Matching)
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A _____ means that a guest is required to spend a certain amount of money, once seated, even if the total check amounts to less.

(Multiple Choice)
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Madge and Al received a dinner check at the Blue Review Restaurant for $40.75. The sales tax for that particular state is 7%. What was the total bill?

(Multiple Choice)
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