A Folio is best described as:

A Folio is best described as:

• A. Statement of all transactions affecting the balance of an account, one for each guest
• B. A device that handles money for the property
• C. A schedule of housekeeping tasks
• D. A guest loyalty program

Answer: (A)

A folio is a running record of all transactions that affect a guest’s account, showing the current balance. It includes room charges, taxes, incidentals like minibar or room service, and any payments or adjustments. This ledger-style statement lets the front desk track what the guest owes and is the document used at checkout to settle the bill. It’s not a device for handling money, not a housekeeping schedule, and not a loyalty program.

A folio is a running record of all transactions that affect a guest’s account, showing the current balance. It includes room charges, taxes, incidentals like minibar or room service, and any payments or adjustments. This ledger-style statement lets the front desk track what the guest owes and is the document used at checkout to settle the bill. It’s not a device for handling money, not a housekeeping schedule, and not a loyalty program.