100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
BUSINESS ACUMEN CERTIFICATION EXAM LATEST ALL 150 QUESTIONS AND CORRECT ANSWERS| click on AVAILABLE IN PACKAGE DEAL. You 'll get more for less! OR SCROLL TO THE BOTTOM RIGHT CORNER AFTER OPENING THIS DOCUMENT TO SEE MORE DETAILED PACKAGES$18.03
Add to cart
BUSINESS ACUMEN CERTIFICATION EXAM LATEST ALL 150 QUESTIONS AND CORRECT ANSWERS| click on AVAILABLE IN PACKAGE DEAL. You 'll get more for less! OR SCROLL TO THE BOTTOM RIGHT CORNER AFTER OPENING THIS DOCUMENT TO SEE MORE DETAILED PACKAGES
1 view 0 purchase
Course
BUSINESS ACUMEN CERTIFICATION
Institution
BUSINESS ACUMEN CERTIFICATION
click on AVAILABLE IN PACKAGE DEAL. You 'll get more for less! OR SCROLL TO THE BOTTOM RIGHT CORNER AFTER OPENING THIS DOCUMENT TO SEE MORE DETAILED PACKAGES. THANK YOU. Great news champ! Discover affordable options that don’t compromise on quality. Explore our fantastic deals and enjoy extra det...
BUSINESS ACUMEN CERTIFICATION EXAM LATEST
2024-2025 ALL 150 QUESTIONS AND CORRECT
ANSWERS
Question: Where is this months profit registered on the balance sheet - CORRECT
ANSWER✔✔retained earnings
Question: For property management team including revenue manager the key measurement of
business results is - CORRECT ANSWER✔✔Gross Operating Profit
Question: If monthly depreciation expenses increase than income tax on profit would tend to -
CORRECT ANSWER✔✔decrease; the depreciation is when the value goes down
Question: Where is the hotels GOP or House Profit is listed - CORRECT ANSWER✔✔summary
income statement (Profit and loss)
Question: Which statement lists the amounts of accounts Receivable this month - CORRECT
ANSWER✔✔cash flow; collection of accounts receivable.
Question: On which statement would you find payroll, wages and employee benefits for rooms
division - CORRECT ANSWER✔✔Departmental Income Statement
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
Question: 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.
1
SUCCESS!
,Page 2 of 28
Question: An online discounted channel is called - CORRECT ANSWER✔✔opaque
Question: Which formula is the formula for the balance sheet - CORRECT ANSWER✔✔Assets=
Liabilities and Owners Equity
Question: Which shows hotels current debt to vendors - CORRECT ANSWER✔✔Balance Sheet /
Accounts Payable
Question: In most cases the least expensive channel reservations cost is - CORRECT
ANSWER✔✔Direct call; no discount or commission
Question: If GOP is 30% what is total revenue - CORRECT ANSWER✔✔100% total revenue
Question: Revenue/Income minus departmental expense and other direct costs equal -
CORRECT ANSWER✔✔GOP; Income Statement
Question: For the purpose of cost, volume, profit break even analysis GOP is called - CORRECT
ANSWER✔✔Contribution Margin; becomes profit
Question: Total room revenue divided by number of rooms sold equals: - CORRECT
ANSWER✔✔ADR; not RevPAR because RevPAR takes occupancy percentage into account
Question: How is working capital calculated - CORRECT ANSWER✔✔Current Assets - current
liabilities
Question: In periods of high occupancy the decision to accept a large booking group should
include - CORRECT ANSWER✔✔displacement analysis: if group is taking up rooms other guests
get displaced
2
SUCCESS!
, Page 3 of 28
Question: Insurance and depreciation are examples of - CORRECT ANSWER✔✔Fixed Charges
Question: Revenue management statistic that includes all revenue - CORRECT
ANSWER✔✔TrevPAR
Question: Payments to vendors are registered on which statement - CORRECT ANSWER✔✔Cash
flow statement
Question: A capital investment cost $ 1 million. Ownership requests as annual 10% ROI. If net
profit is 20% how much of an increase in annual revenue would be required to provide the
additional profit needed for 10% ROI? - CORRECT ANSWER✔✔$500,000; 10% of 1
million=10,000=20% of 500,000
Question: Total revenue- departmental profit- undistributed expenses-management fees- fixed
charges- replacement reserve + other income= - CORRECT ANSWER✔✔net profit
Question: A reduction in annual property insurance - CORRECT ANSWER✔✔fixed costs
Question: $3600 meat issue to kitchen from main storeroom - CORRECT ANSWER✔✔F&B cost
of goods
Question: A change in the depreciation calculation for furniture and fixtures - CORRECT
ANSWER✔✔fixed costs
Question: An increase in the interest rates for the hotel line of credit - CORRECT
ANSWER✔✔administrative and general
3
SUCCESS!
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 Ressy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $18.03. You're not tied to anything after your purchase.
