Hotel controller and hotel sales manager analyze accounts payable, accrued wages and salaries payable, and...

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Accounting

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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

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