True/False Questions. Circle either "T" for true or "F" for False 1. When counting inventory, the closing value of one day is always the opening value of the following day, and this is true whether the inventory count is linen, bottles of wine, lobster tails, or accoutits receivable. TF 2. Speedy check out (sometimes called zip-out chock out) can be completed through the TV set, or at a self-check-in/check-out terminal, or by depositing a check-out envelope in a designated area of the front desk, but only if the guest pays by cash (including cheques) or has a travel agency coupon TF 3. The closeout hour is established by management as that time of the night when departmental charges (restaurant, room service, bar, etc.) officially end for the day just closing charges thereafter are posted to the folio on the date of the following day. T F 4. A good rule to remember while searching for mathematical errors is differences that are evenly divisible by 9 (such as 18, 45, 99, etc.) are likely caused by transposing the digits, 8765 becoming 8756, or by sliding the decimal point, 34.57 becoming 345.70. TF 5. There are two approaches to the mathematical proofs of the hand transcript, one of these is: yesterday's closing balance + total charges for today - total credits for today = tomorrow's opening balance. TF