PERFORM ADMINISTRATIVE TASKS Flashcards
BUDGETS ARE USUALLY DEVELOPED MONTHLY.
a. TRUE
b. FALSE
b. FALSE (ANNUALLY)
ADJUSTMENTS CAN BE MADE TO A DEPARTMENT’S P&L AFTER THE REPORTING PERIOD IS CLOSED.
a. TRUE
b. FALSE
a. TRUE
A BUDGET THAT REQUIRES YOU TO JUSTIFY ALL REVENUE AND EXPENSES EACH YEAR IS A:
a. ZERO-BASED BUDGET
b. THREE-YEAR FORECASTED BUDGET
c. PRIOR YEAR BUDGET
d. JUSTIFICATION BUDGET
a. ZERO-BASED BUDGET
A BUDGET THAT IS BASED ON LAST YEAR’S BUDGET AS A GUIDE IS A:
a. ZERO-BASED BUDGET
b. THREE-YEAR FORECASTED BUDGET
c. PRIOR YEAR BUDGET
d. JUSTIFICATION BUDGET
c. PRIOR YEAR BUDGET
A COMPANY’S FISCAL PERFORMANCE IS MEASURED IN TIME BY ITS:
a. REPORTING PERIOD
b. FISCAL YEAR
c. STOCK PRICE
d. SHAREHOLDER VALUE
b. FISCAL YEAR
THE FINANCIAL REPORT THAT PROVIDES DETAILS OF INDIVIDUAL EXPENSE ITEMS IS CALLED A:
a. GENERAL LEDGER
b. P&L
c. DETAIL REPORT
d. BUDGET
a. GENERAL LEDGER
DEPARTMENT GOALS AND BUDGET SHOULD BE DEVELOPED BY MANAGEMENT AND DISTRIBUTED TO EACH DEPARTMENT TO DEFINE WHAT THEY’RE EXPECTED TO DO.
a. TRUE
b. FALSE
b. FALSE
SMART DESCRIBES CRITERIA TO APPLY WHEN SETTING YOUR GOALS.
a. TRUE
b. FALSE
a. TRUE
THE “SPECIFIC” IN SMART DEFINES THE:
a. TIMETABLE FOR ACHIEVING THE GOAL
b. PEOPLE WHO ARE INVOLVED IN THE GOAL’S ACHIEVEMENT
c. WHAT, HOW, AND WHY OF THE GOAL
d. MEASUREMENT CRITERIA FOR ACHIEVING THE GOAL
c. WHAT, HOW, AND WHY OF THE GOAL
TO MAKE A GOAL REALISTIC, YOU SHOULD:
a. MAKE IT EASY TO ATTAIN
b. MAKE IT ONE YOU CAN ACCOMPLISH WITH SOME EFFORT
c. SET IT LOWER THAN WHAT YOU THINK YOU’LL DO, SO YOU CAN ACHIEVE IT.
d. SET IT HIGHER THAN WHAT YOU THINK YOU’LL ACHIEVE, SO YOU’LL TRY HARDER.
b. MAKE IT ONE YOU CAN ACCOMPLISH WITH SOME EFFORT
DESCRIBE THE STEPS TO PARTICIPATING IN THE DEVELOPING OF DEPARTMENT GOALS AND BUDGET.
- DISCUSS WITH MANAGEMENT THE COMPANY DIRECTION FOR THE COMING YEAR AND ANY SPECIFIC ROLE THE WARRANTY DEPARTMENT PLAYS IN IT.
- REVIEW THE PRIOR YEAR’S BUDGET EXPECTATIONS AND TOTALS FOR EACH MONTH AND YEAR-END
- SET NEW BUDGET GOALS THAT MEET THE SMART CRITERIA
THE P&L SHOWS YOU YOUR PROGRESS TOWARD MEETING YOUR BUDGETED FINANCIAL GOALS FOR THE YEAR.
a. TRUE
b. FALSE
a. TRUE
YOU SHOULD COMPARE EACH LINE ITEM ON THE P&L TO THE BUDGET IN ORDER TO ANALYZE THE P&L CORRECTLY.
a. TRUE
b. FALSE
a. TRUE
IF YOU WERE BUDGETED TO GENERATE $100,000 IN REVENUE FOR THE MONTH AND YOU ACTUALLY GENERATED $101,000, YOU WERE:
a. SLIGHTLY UNDER BUDGET FOR THE MONTH
b. SLIGHTLY OVER BUDGET FOR THE MONTH
c. RIGHT ON BUDGET FOR THE MONTH
d. UNABLE TO TELL FROM THE DATA GIVEN
b. SLIGHTLY OVER BUDGET FOR THE MONTH
IN ORDER TO GET THE DEPARTMENT BACK ON TRACK TO ACHIEVING ITS BUDGETED FINANCIAL GOALS, YOU SHOULD:
a. DEVELOP STRATEGIES AND IMPLEMENT THEM YOURSELF AS THE MANAGER.
b. ASK YOUR BOSS WHAT ACTIONS YOU SHOULD TAKE
c. ASSIGN YOUR PEOPLE THE RESPONSIBILITY TO DEVELOP AND IMPLEMENT THE STRATEGIES.
d. WORK ON THEM AS A TEAM WITH YOUR EMPLOYEES SO EVERYONE HAS OWNERSHIP.
d. WORK ON THEM AS A TEAM WITH YOUR EMPLOYEES SO EVERYONE HAS OWNERSHIP.
WHEN ANALYZING THE INCOME AND EXPENSES SHOWN ON YOUR P&L, YOU SHOULD:
a. FOCUS ON THE ONES WITH THE LARGEST DEVIATIONS FROM BUDGET.
b. FOCUS JUST ON THE ONES THAT ARE UNDER (BELOW) BUDGET
c. FOCUS MOSTLY ON THE ONES THAT ARE ABOVE BUDGET
d. ANALYZE EACH LINE SO YOU CAN GET A BETTER OVERALL PICTURE OF WHERE YOU ARE.
d. ANALYZE EACH LINE SO YOU CAN GET A BETTER OVERALL PICTURE OF WHERE YOU ARE
MORE CORRESPONDENCE IS COMPLETED THROUGH HAND OR TYPEWRITTEN LETTERS THAN THROUGH E-MAIL.
a. TRUE
b. FALSE
b. FALSE
CORRESPONDENCE CAN INCLUDE E-MAIL, WRITTEN LETTERS, PHONE, OR FAX.
a. TRUE
b. FALSE
a. TRUE
EACH NEW SUBJECT E-MAIL SHOULD CONTAIN A SALUTATION OR GREETING.
a. TRUE
b. FALSE
a. TRUE
ALL OF THE FOLLOWING ARE RULES OF E-MAIL ETIQUETTE EXCEPT:
a. TRY TO KEEP THE LENGTH TO ONE PAGE
b. USE CAPITALIZATION AND PUNCTUATION THE SAME WAY YOU WOULD IN ANY OTHER DOCUMENT.
c. WRITE AN APPROPRIATE AND SPECIFIC SUBJECT IN THE SUBJECT LINE.
d. RESPOND TO ALL E-MAILS BY THE END OF THE WEEK
d. RESPOND TO ALL E-MAILS BY THE END OF THE WEEK
WHEN PROCESSING CORRESPONDENCE, YOU WOULD DO ALL OF THE FOLLOWING EXCEPT:
a. RESPOND IN THE MANNER MOST APPROPRIATE TO THE INQUIRY
b. RESEARCH THE INQUIRY OR REQUEST TO OBTAIN NEEDED INFORMATION
c. REQUEST THE INQUIRY FIRST BE SCREENED BY SOMEONE ELSE
d. REVIEW THE CONTENTS OF THE CORRESPONDENCE
c. REQUEST THE INQUIRY FIRST BE SCREENED BY SOMEONE ELSE.
DESCRIBE THE THREE STEPS TO PROCESSING CORRESPONDENCE
- REVIEW THE CONTENTS OF THE CORRESPONDENCE
- RESEARCH THE REQUEST OR INQUIRY TO OBTAIN THE INFORMATIONNEEDED TO RESPOND APPROPRIATELY
- RESPOND TO THE REQUEST/INQUIRY IN THE MOST APPROPRIATE MANNER
WARRANTY FILES SHOULD BE KEPT INDEFINITELY.
a. TRUE
b. FALSE
b. FALSE
WARRANTY FILES CAN BE MAINTAINED BY THE MANUFACTURER.
a. TRUE
b. FALSE
a. TRUE
ALL OF THE FOLLOWING ARE CRITERIA FOR AN EFFICIENT WARRANTY FILING SYSTEM EXCEPT:
a. SECURITY
b. ELECTRONIC
c. ACCESSIBILITY
d. CONVENIENCE
b. ELECTRONIC
OUTDATED WARRANTY FILES THAT ARE NO LONGER NEEDED SHOULD BE:
a. THROWN IN THE TRASH
b. PLACED IN RECYCLING CONTAINERS
c. BURNED IN A FIREPLACE
d. SHREDDED OR PULPED
d. SHREDDED OR PULPED
DESCRIBE THE STEPS TO MAINTAINING WARRANTY FILES.
- FILE UNPAID WARRANTY CLAIMS/REPAIR ORDERS BY CUSTOMER AND BY MANUFACTURER
- FILE PAID WARRANTY CLAIMS/REPAIR ORDERS BY CUSTOMER AND BY MANUFACTURER
- LABEL PHOTOS AND FILE THEM WITH THE WARRANTY CLAIM.
- CREATE CUSTOMER FILES AS NEEDED.
ADJUSTMENTS MADE TO A TECHNICIAN’S ESTIMATED TIME FOR A PROCEDURE ARE BASED ON A DEALERSHIP’S BILLING RATE GUIDE.
a. TRUE
b. FALSE
b. FALSE (FLATE RATE GUIDE)
YOU SHOULD USE THE “THREE C “ METHOD FOR REVIEWING A TECHNICIAN’S ESTIMATE FOR WARRANTY WORK TO BE DONE.
a. TRUE
b. FALSE
a. TRUE
WHEN REQUESTING AUTHORIZATION FOR WARRANTY WORK BASED ON THE TECHNICIAN’S DESCRIPTION OF WHAT NEEDS TO BE DONE, YOU NEED TO IDENTIFY EACH PROCEDURE SEPERATELY.
a. TRUE
a. TRUE
THE AMOUNT OF TIME ESTIMATED FOR A REPAIR PROCEDURE IS IDENTIFIED BY THE:
a. JOB CODE
b. TECHNICIAN’S BILLABLE RATE
c. PARTS THAT ARE REQUIRED
d. SERVICE ADVISOR’S OPINION
a. JOB CODE
WHICH OF THE FOLLOWING IS NOT ONE OF THE “CS” IN THE “THREE C” METHOD?
a. CUSTOMER
b. COMPLAINT
c. CORRECTION
d. CAUSE
a. CUSTOMER
THE FLAT RATE MANUAL NORMALLY ALLOWS A REASONABLY COMPETENT TECHNICIAN ENOUGH TIME TO COMPLETE A REPAIR PROFITABLY.
a. TRUE
b. FALSE
a. TRUE
MANUFACTURERS NORMALLY ALLOW MORE TIME TO COMPLETE NEW- VEHICLE WARRANTY REPAIRS THAN WHAT IS SPECIFIED BY THE FLAT RATE MANUAL.
a. TRUE
b. FALSE
b. FALSE
THE FIRST STEP TO APPEALING A MANUFACTURER’S FLAT RATE TIME IS:
a. CALL THEM TO ASK IF THEY WILL APPROVE A LONGER REPAIR TIME
b. ASK THE SERVICE MANAGER TO SEND THE MANUFACTURER AN E-MAIL WITH THE REQUEST
c. COMPLETE THE MANUFACTURER’S APPEAL FORM
d. CHECK WITH OTHER DEALERSHIPS TO SEE IF THEY ARE GETTING A BETTER RATE.
c. COMPLETE THE MANUFACTURER’S APPEAL FORM