CPA Revenue Control and Payment Systems 2

Question 1

What is a 'ticket spitter' in parking facility terminology?

Accepted Answer

An automated device at an entry lane that dispenses a time-stamped entry ticket to drivers

Answer

A ticket spitter is the entry-lane device that automatically issues a time-stamped ticket to a driver upon arrival, recording the entry time for fee calculation.

Question 2

License Plate Recognition (LPR) technology in parking payment systems is primarily used to:

Accepted Answer

Identify vehicles and link them to payment records for ticketless parking transactions

Answer

LPR systems capture a vehicle's plate as the entry credential, allowing ticketless transactions where the plate itself ties together entry time and payment.

Question 3

What is the main purpose of conducting a cashier booth audit in a parking facility?

Accepted Answer

To verify that the cash, receipts, and ticket counts match and detect any variances

Answer

A cashier booth audit cross-checks cash on hand against ticket records and receipts, identifying discrepancies that may indicate error or theft.

Question 4

A 'variance' in parking revenue accounting refers to:

Accepted Answer

The gap between expected revenue based on tickets issued and actual cash collected

Answer

A variance is the discrepancy between what the transaction records say should have been collected and what was actually turned in, and it must be investigated and explained.

Question 5

Which of the following is a common security measure used to prevent revenue theft in parking facilities?

Accepted Answer

Installing surveillance cameras over cash drawers and conducting unannounced audits

Answer

Combining video surveillance over cash-handling areas with random, unannounced audits deters theft and quickly identifies irregularities.

CPA - Certified Parking Attendants Practice Test

CPA - Certified Parking Attendants Practice Test

CPA Revenue Control and Payment Systems 2