Section 8.5—quiz: Evaluating Operations

10 Questions | By Aoht | Updated: Mar 20, 2022 | Attempts: 202

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Questions and Answers

1.

Which of the following is not another name for the daily operations report?
- A.
  
  Manager’s report
- B.
  
  Daily report
- C.
  
  Room revenue report
- D.
  
  Daily revenue report
2.

Which of the following ratios is the most commonly used operating ratio in the front office?
- A.
  
  Average daily rate
- B.
  
  Occupancy percentage
- C.
  
  Average rate per guest
- D.
  
  Multiple occupancy percentage
3.

Which of the following formulas is used to calculate the yield statistic?
- A.
  
  Rooms revenue divided by number of rooms sold
- B.
  
  Number of rooms occupied divided by number of rooms available
- C.
  
  Actual rooms revenue divided by potential rooms revenue
- D.
  
  Number of guests divided by number of rooms sold
4.

What might increase when multiple occupancy increases?
- A.
  
  Average daily rate
- B.
  
  Number of rooms sold
- C.
  
  Average rate per guest
- D.
  
  Nothing will increase
5.

The Smithson Inn had budgeted $15,000 in room revenue for the month of May. The actual room revenue was $18,000. What type of variance did they experience?
- A.
  
  Favorable revenue variance
- B.
  
  Unfavorable revenue variance
- C.
  
  Favorable expense variance
- D.
  
  Unfavorable expense variance
6.

Based on the following data, calculate the ratios in questions 6 through 10. Number of rooms available for sale: 500 Number of rooms sold: 450 Number of guests: 605 Rack rate (same for singles and doubles): $125 Net rooms revenue: $48,500 Occupancy Percentage
- A.
  
  90%
7.

Based on the following data, calculate the ratios in questions 6 through 10. Number of rooms available for sale: 500 Number of rooms sold: 450 Number of guests: 605 Rack rate (same for singles and doubles): $125 Net rooms revenue: $48,500 Average Daily Rate
- A.
  
  $107.78
8.

Based on the following data, calculate the ratios in questions 6 through 10. Number of rooms available for sale: 500 Number of rooms sold: 450 Number of guests: 605 Rack rate (same for singles and doubles): $125 Net rooms revenue: $48,500 Revenue per Available Room
- A.
  
  $97
9.

Based on the following data, calculate the ratios in questions 6 through 10. Number of rooms available for sale: 500 Number of rooms sold: 450 Number of guests: 605 Rack rate (same for singles and doubles): $125 Net rooms revenue: $48,500 Average Rate per Guest
- A.
  
  $80.17
10.

Based on the following data, calculate the ratios in questions 6 through 10. Number of rooms available for sale: 500 Number of rooms sold: 450 Number of guests: 605 Rack rate (same for singles and doubles): $125 Net rooms revenue: $48,500 Yield Statistic
- A.
  
  78%