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business acumen certification exam (76 questions fully solved & updated).
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business acumen certification exam (76 questions fully solved & updated).
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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
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