Skills1 Flashcards
our vehicles are the most valuable thing we own. t/f
f
when was enterprise created
1957
who is our CEo
chrissy taylor
how many lines of business does enterprise have
9
EQSI stands for
enterprise quality score index
what is the cust sat account PS and ralph
622200, 531
what is 622200 or 531
cust sat
what is ralph for 110040
2260
what is the bad debt PS account
622000
what is PS for 2260
110040
what is the account name for 622000
bed debt
what is the PS and ralph for misc (tows)
500320 and 1686
what is the account name for 500320
misc (tows)
what are the two equations for break even
all expenses together
or
OP les revenue
is vlf tax
no
what is the equation for income per car (IPC)
adr * days in month * days earned percentage + net other
where do the costs for PDI flow through
misc expense
can you do a write off for a rate error
no, because it is an adjustment error
what is the revenue account PS and what can be fixed with it
400000, can fix error rates and make adjustments
can a pending ticket exist when you are waiting for insurance
yes it can
a vehicle with a cost of 20,000 has monthly depreciation of
340/month
what is the PS for the main accounts payable
200000
how many months until a cheque is stale dated
6 months
if you want to bill another group, for example in the US, what do you create?
an MSC
printers that cost over 300 should be set up as fixed assets
yes
what is the account name for 150305/2821
asset management clearing
what is the PS and ralph for asset management clearing
150305/2821
what two things being wrong will cause a discrepancy in a fixed asset and/or the reconciliation report
useful life and the fixed asset cost
when is the last day to do a voucher
first business day of the month
when does a force charge hit the branch
immediately after a ticket is closed
is external manitenance controllable
no
what is the PS for accounts receivable
115900
what is 115900
accounts receivable
how do we accrue for bad debt
it goes to the reserves
what PS and ralph account does the debit go after a PU is done
110144/2147
what is account name for 2147/110144
unapplied cash
what % do we depreaciate cars
1.7
where do we find tickets taht are not closed at MO
open ticket accrual on RAMP
does DW losses go under UIL
no
where does admin salary go in statement
group overhead
question about rent, untilities, and another expense. where does that go in statement
branch overhead
what 2 things does a vehicle get depreciated on
pool days and car class
does fuel go into misc expense
no
depreciation and interest use what costing system
direct costing system
is days earned the same as occupancy
no
days earned is essentialy how many times a day a car is rented
occupancy is a snap shot of what vehicle is rented at a certain time
should there be things in bank rec for over a month
no
what is the PS and GPBR for CPA fees
638090 - C599
what is the PS for a normal travel TNE
638024
what is the PS for external marketing
638020
what is Accrued Vehicle Repairs on Uninsured Loss Claims
200305
what is teh name for 200305
Accrued Vehicle Repairs on Uninsured Loss Claims
what is teh PS for employee damages - physical damage
700000
what is teh name for 700000
employee losses - physical damage
what is the PS for emplyee losses - liability
700020
what is the name for 700020
employee losses - liability
what is the PS for undocummented damage
710000
what is the name for 710000
undocumented damage
what is the PS for conversion, lot damage, or other uninssured
710020
what is the name for 710020
conversion, lot damage, or other uninsured
an XX claim in on enterprise, or the renter
enterprise
an AX claim is on enterprise or renter
renter
when are hte two scenarios when a conversion is considered UIL
- Conversion with No Fraud Detected: If a vehicle is converted (stolen) by a renter who used true factual information and there was no fraud involved
- Conversion from Detectable Fraudulent Rental: If a vehicle is converted (stolen) due to detectable fraud (where the fraud could have been detected with sufficient due diligence, such as proper underwriting)
what scenario would a converion be a PDR
conversion Due to Non-Detectable Fraud: If a vehicle is converted because of fraud that was not detectable (even with reasonable care and due diligence)
what are exaples of conversion or on lot damage and what is the PS
710020
- vandalism
- lot theft
- weather related damage while not on rent
what is the allocation for operating branches for 710000 and 710020
3100 to branch, 9400 to area, rest to group
what is the allocation of a loss if it happen to an admin employee, and then an admin employee in a subregion
- Recorded to admin branch, then it is spread through overhead
Responsibility of sub-region, city, or area admin employee:- 2,500 recorded to responsible sub-admin, and spread to sub-region
Remaining to group admin, and spread to group overhead
- 2,500 recorded to responsible sub-admin, and spread to sub-region
what is the determinant for the cost of damage for a company car
who was in hte car at the time
what is subrogation and the proccess that it does
when a responsible party is identified in an uninsured loss. The amount collected will be credited towards the expense incurred (and same account debited)
what is the PS for Daily Rental -Collision & Comprehensive Reserve -Subrogation & Settlement
299100
what is the name for 299100
Daily Rental -Collision & Comprehensive Reserve -Subrogation & Settlement
what does ARQ stand for
accident report quality
what does LOFR stand for
lube, oil, filter, rotation
what is the preventattive maintenance account
500300
what is teh name for 500300
preventative maintenance
what report is used to find missing cars and that have not been rented in 7 days consecutively
No Rev 7 Report
what are the EAA for VR
- out of service (percentage of fleet)
- days down (everything that is in the shop)
- services completed (LOFR score, recall score)
- total spend (all of the spend, claims maintenance)
what are the EAA for risk
- Loss per car/revenue
- UIL
- ARQ
- Disputes
- LOFR score
What are the EAA for business rental
- production per person; sales exec = signing contract, account manager = renewing contract
- profficiency (accuracy of prediction)
- revenue growth
- rate growth
- truck days
- car days
what are the EAA for PDF
- send 4 locations (1 truck and AP, and 2 DR) and submit 9 pictures for each.
- submit a 5 year real estate plan
- submit 5 goals with strategies (non-standardized)
What are the EAA for HR
- HR, 12 month all in, MT rentention, and intern conversion
- talent acquisition, college, referral, female, minority
- Level 3/4 diversity and talent mobility
what is the cash shortage account
807
what is the cash overage account
777
can a recall be rented
no
what are the 4 reasons a tru-up is done
- to look at all the claims you are being expensed for in the month
- to see if the expense is coded correctly
- to make sure we are not double paying
- to ensure the estimate makes sense
- to ensure the AR matches the claim
what is the branch threshold in CAD for employee damages. also what is the area
3100 to branch, and 9400 to area
what is the buffer for PDR
10%
is a drunk driver subrogatable?
yes, the driver is subrogatable. answer will be false on the test
is training part of HR EAA
no
is washout part of VR EAA
no
is average shop days part of risk EAA
no
is disputes part of remarketing EAA
no
which is not part of the business management pyramid
- risk
- partner
- fidusciary duty
- leader
- profitability
- brand protection
risk is not part of it
what is hte equation for inventory adjustment
Sale Price - Book Value (Cost-AccumDepr)
