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business acumen certification exam Questions and Answers (Latest Update 2024)
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business acumen certification exam Questions and Answers (Latest Update 2024)
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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
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