Quiz - Chapter 13 Student Name Section Identification Number Hour 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 accounts receivable. TF 2. Speedy check out (sometimes called zip-out check 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. TF 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. T F 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 Multiple Choice Questions. Circle the one answer that best completes the thought: 6. Which of the following is NOT part of the night auditor's duties: a. Reconciling the cash drawer in the coffee shop as part of the transcript balancing b. Posting room rates and room taxes as part of the folios c. Readying new folios for guests who have remained a full week d. Preparing a hard copy of closing folio balances in case the PMS crashes Copyright 2008 Pearson Education Canada e. None of the above; that is, they are all part of the night auditor's duties