Hotel controller and hotel sales manager analyze accounts payable, accrued wages and salaries payable, and...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Hotel controller and hotel sales manager analyze accounts payable, accrued wages and salaries payable, and sales. All of them are current liabilities Select one: True False COGS = Cost of Goods Sold Select one: True False REVPAR = revenue per available room Select one: True False An asset is anything the hotel owns that is expected to provide future benefits. Select one: True False When the average guest per room increases, the variable costs can: Select one: a. All answers above b. Increase if the occupancy rate is kept the same or the occ rate is even higher c. Increase only if the Average Daily Rate increase d. Decrease only if the Average Daily rate decrease All of the hotel's assets can be both tangible and intangible Select one: True False
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!