1. Web-based applications are preferred technology solutions for meeting management tasks such as which of the following?
a. registration
b. housing
c. travel
d. all of the above
2. Zero-based budgeting refers to which of the following?
a. A budget where all line items begin at zero and are tracked towards 100.
b. First-time meetings, where no meeting budget history is available.
c. The bottom of a range on line items where a range on actual amounts has been calculated.
d. A budget where the actual expenses less actual income will equal zero.
3. Which of the following plans covers room rates and a set, daily credit per person that may be used at any outlet within the facility.
a. Full American Plan
b. Voucher Plan
c. European Plan
d. North American Plan
4. The CMP plan at conference centers includes which of the following components?
a. guest rooms
b. three meals a day
c. conference space
d. All of the above
5. The EP plan at conference centers includes which of the following components?
a. breakfast
b. guest rooms
c. lunch
d. All of the above
6. Some expenses for international meetings, can be anticipated, while some cannot. What should a meeting manager do to prepare for unexpected expenses?
a. use the FAP
b. hire a MAP
c. set up a 10-20% contingency expenses category
d. refuse to pay unexpected expenses
7. Before approaching potential sponsors, the organization should have a thorough understanding of…
a. assets and their valuation
b. potential competitors
c. history of all meetings held in the sponsor’s city
d. the events calendar for the host city
8. Which of the following statements is true about taxation policies in many meeting locations outside the U.S.?
a. all quotes for prices will be made in U.S. dollars from all vendors
b. currency exchange rates will be calculated on the basis of when the meeting is held, not contracted
c. no taxes apply to U.S. based organization (only to organizations in the meeting destination’s country)
d. some taxes can be reduced or waived entirely if negotiated in advance
9. Enterprise-wide solutions, connecting all meeting stake holders to critical information about the meeting, provide which of these additional benefits?
a. tracks and identifies financial data
b. limits who has access to the data to one or two people
c. increases cost of technology support
d. increases training costs