On the Agent Sales Summary, what does the 'AVG COMMISSION PCT' field represent?

Unlock all questions

This demo includes only 20 questions. Upgrade to access hundreds of questions, flashcards, exam simulations, and disable ads.

Full question bankExam simulationsFlashcards
From $9.99Unlock all

Study for the Airlines Reporting Corporation (ARC) Test. Utilize flashcards and multiple choice questions with hints and explanations. Prepare for success!

Multiple Choice

On the Agent Sales Summary, what does the 'AVG COMMISSION PCT' field represent?

Explanation:
The AVG COMMISSION PCT shows the average commission percentage the agency earns on ticket sales, averaged across all transactions. It’s calculated as total commissions earned divided by the total ticket value, and this field includes TASF (the agency service) fees in that ticket value. In other words, it’s the commission earned as a percentage of what was charged to the passenger, with fees included, not the tax rate or the ticket price itself.

The AVG COMMISSION PCT shows the average commission percentage the agency earns on ticket sales, averaged across all transactions. It’s calculated as total commissions earned divided by the total ticket value, and this field includes TASF (the agency service) fees in that ticket value. In other words, it’s the commission earned as a percentage of what was charged to the passenger, with fees included, not the tax rate or the ticket price itself.

More Multiple Choice Questions
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy