Exam (elaborations)
business acumen certification exam (76 questions fully solved & updated).
- Course
- Institution
business acumen certification exam (76 questions fully solved & updated).
[Show more]
Content preview
business acumencertification exam (76
questions fully solved &
updated)
Excessively high employee counts in the balance
scorecard accounts could indicates: - answer
higher Guest Service and Lower GOP; because a lot
of expenses decrial GOP
The operating results shown on monthly summary
profit and loss statement: - answer changes
balance sheet and cash flow statement. Because
changes current asset and cash.
An online discounted channel is called - answer
opaque
Which formula is the formula for the balance sheet
- answer Assets= Liabilities and Owners Equity
Which shows hotels current debt to vendors -
answer Balance Sheet / Accounts Payable
, In most cases the least expensive channel
reservations cost is - answer Direct call; no
discount or commission
If GOP is 30% what is total revenue - answer 100%
total revenue
Revenue/Income minus departmental expense and
other direct costs equal - answer GOP; Income
Statement
For the purpose of cost, volume, profit break even
analysis GOP is called - answer Contribution
Margin; becomes profit
Total room revenue divided by number of rooms
sold equals: - answer ADR; not RevPAR because
RevPAR takes occupancy percentage into account
Where is this months profit registered on the
balance sheet - answer retained earnings
For property management team including revenue
manager the key measurement of business results
is - answer Gross Operating Profit
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller FREEMANSHARP. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $16.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
72042 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now