Exam (elaborations)
business acumen certification exam Questions and Answers (Latest Update 2024)
- Course
- Institution
business acumen certification exam Questions and Answers (Latest Update 2024)
[Show more]
Content preview
business acumen certification examQuestions and Answers (Latest Update
2024)
Excessively high employee counts in the balance scorecard
accounts could indicates: - Correct 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: - Correct Answer ✅changes balance sheet
and cash flow statement. Because changes current asset and
cash.
An online discounted channel is called - Correct Answer
✅opaque
Which formula is the formula for the balance sheet - Correct
Answer ✅Assets= Liabilities and Owners Equity
Which shows hotels current debt to vendors - Correct
Answer ✅Balance Sheet / Accounts Payable
, business acumen certification exam
Questions and Answers (Latest Update
2024)
In most cases the least expensive channel reservations cost
is - Correct Answer ✅Direct call; no discount or commission
If GOP is 30% what is total revenue - Correct Answer
✅100% total revenue
Revenue/Income minus departmental expense and other
direct costs equal - Correct Answer ✅GOP; Income
Statement
For the purpose of cost, volume, profit break even analysis
GOP is called - Correct Answer ✅Contribution Margin;
becomes profit
Total room revenue divided by number of rooms sold equals: -
Correct Answer ✅ADR; not RevPAR because RevPAR takes
occupancy percentage into account
Where is this months profit registered on the balance sheet -
Correct Answer ✅retained earnings
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 Allivia. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79373 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now