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Travel Agent Proficiency Test Final Review QUESTIONS AND ANSWERS GRADED A+ 2024/2025
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Travel Agent Proficiency Test Final Review QUESTIONS AND ANSWERS GRADED A+ 2024/2025
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Travel Agent Proficiency Test FinalReview
Fixed Expenses - ANScosts that stay unchanged during a specific period notwithstanding
modifications in the extent of enterprise.
Variable Expenses - ANSare expenses that growth and decrease without delay and
proportionately with adjustments in commercial enterprise volume.
Semi-Variable or Mixed Expenses - ANSare prices that alternate in reaction to a alternate in
business volume, however they change by way of less than a proportional quantity.
Income Statement - ANSsummarizes sales earned and fees incurred for a selected length
Balance Sheet - ANSit indicates the economic function of a business at a particular time and
can evaluate it to the enterprise's position on the equal time of a preceding 12 months. This
consists of belongings, legal responsibility and equity
Suppliers get hold of fee in four approaches - ANSDirectly from client
CC company
In the shape of exams from agencies
Through ARC (Airline Reporting Corporation)
Agents Receive Payments in 3 Ways - ANSThrough ARC
By deducting fee previous to sending to supplier
By test from dealer
ARC (AIRLINE REPORTING CORP) - ANSan corporation owned with the aid of important
airways that regulates the sale of airline tickets via appointing folks who might also promote
them.
Accountable Documents - ANSissues standardized numbered paperwork that function
tickets, and it operates a centralized system for processing income.
Area Bank Settlement Plan - ANSthe system set up through ARC through which taking part
suppliers obtain bills for income via travel companies
ARC Report - ANSEach tour enterprise can pay the ARC providers weekly by way of
electronically filing a mandatory record of sales
base fare - ANSthe fare shorn of all taxes
Escrow Account - ANSAn account held by way of a 3rd celebration or a bank that holds on
to finances till all necessities are fulfilled for them to be launched
,overrides - ANSbonus commissions to organizations that meet numerous sales dreams or
circulate customers to the dealer's products
Income for Travel Agencies - ANSCommission on income of transportation, accommodation,
cruises, tours and different services
Override commissions
Fees and carrier prices
Markups on internet costs
Cost Benefit Analysis - ANSA tool entrepreneurs use to keep down prices and make sure
income (ex. Buying vegetation or items for a consumer)
Consortium - ANSwhich is an affiliation of organizations that retain their independent
identities but pool their resources for certain functions
Miscellaneous Charges Order (MCO) - ANSIt statistics deposits and full prepayments for
transportation, tour programs, supplemental costs, hotels, or extra collections. A clean
description of the kind of service for which it's far issued ought to be indicated at the MCO.
Voucher - ANSAny file used to confirm preparations, identify clients, or suggest bills made
Invoice - ANSIndicates the quantity due from a purchaser and constitutes an implied
agreement among the employer and the patron for services rendered in trade for charge
Receipt - ANSInvoices that indicate an quantity paid and the technique of price.
ARC's Industry Handbook - ANSlists the sorts of charge well-known by precise airlines, and
CRSs indicate if a selected credit card payment isn't desirable to the airline getting used.
Travel Agency Service Fee (TASF) program - ANSallows companies to just accept credit
score card purchases for non-ARC objects, which include provider fees, and to process
them through the Area Bank Settlement Plan for a three.5 percent charge
Protocol with checks and tourists exams - ANSDo now not accept exams from all and sundry
unless they're straightforward, or if you can hold on to the tickets till the test clears
Do now not take delivery of assessments from someone else who isn't always the individual
reserving
Do not receive tests that are over the quantity that they may be charged
Some groups use a take a look at verification carrier to make certain that the budget will
clear, although it isn't necessary
Write customers name, proof of identification, address, telephone number, Drivers License at
the again of the test
Never be given pre signed tourists exams
Only receive vacationers checks from authentic organizations
Geography - ANSThe have a look at of relationships between humans and their
surroundings
, Physical Geography - ANSFocuses on people and their patterns of agreement and hobby
Travel Geography - ANSApplication of understanding to travel, tourism and hospitality
corporation
Longitude - ANSHorizontal Lines
Latitude - ANSVertical Lines (Lateral!)
prime meridian - ANSthrough Greenwich, England and the 180 diploma meridian through the
pacific ocean
Globe - ANSScale version of the earth
Cartography - ANSMap Making
Geographic Information System (GIS) - ANSCan retrieve, report, examine and control data
collected by satellites
Interactive Mapping - ANSWhen a consumer asks for records and the laptop publications the
consumer to the solution
Projection - ANSTransfer of data from a spherical surface to a flat place
Great Circle Route - ANSA phrase used by airways to determine the shortest distance
among to destinations
Compass Rose - ANSSymbol in the maps nook indicating the map's orientation
Key or Legend - ANSExplains symbols on the map
Scale - ANSIndicates maps distances and the actual distances on this planet
24 Hour Clock - ANSEliminates am and pm difference and has one range for each hour of
the day
International Date Line - ANS180 degrees from GMT
Local Time - ANSTime at any unique region
Elapsed Time Traveled - ANSHow long it takes to get to a vacation spot
Daylights Saving - ANSThe changing of the clocks to maximise daytime
Crust - ANSThe earth's outermost layer
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