1.A transfer from GUEST LEDGER to CITY LEDGER could involve

a.Advance deposit

b.Direct bill

c.Credit Card Settlement

d.A, B, C

e.Neither A, B, C

2.Floats should not have to exceed 0.5% of revenue.

a.True

b.False

3.The Night Audit Simple Daily Transcript is divided into four main sections. The upper left is

a.In house debits

b.Departing debits

c.Arriving debits

d.A & C

e.B & C

4.Electronic folios are presented to the guest for payment whenever the folio

a.Fills up with postings

b.Balance reaches a predetermined amount or limit

c.Balance reaches the guest's personal credit card limit

d.Balance reaches the hotel's credit card floor limit

e.B, C, & D are correct