Business Acumen Certification Exam Questions And Answers 100% Verified.
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Business Acumen Certification
Business Acumen Certification Exam Questions And Answers 100% Verified.
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
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Business Acumen Certification Exam
Questions And Answers 100% Verified.
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
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
For property management team including revenue manager the key measurement of
business results is - correct answer. Gross Operating Profit
If monthly depreciation expenses increase than income tax on profit would tend to -
correct answer. decrease; the depreciation is when the value goes down
Where is the hotels GOP or House Profit is listed - correct answer. summary income
statement (Profit and loss)
Which statement lists the amounts of accounts Receivable this month - correct answer.
cash flow; collection of accounts receivable.
On which statement would you find payroll, wages and employee benefits for rooms
division - correct answer. Departmental Income Statement
How is working capital calculated - correct answer. Current Assets - current liabilities
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
Insurance and depreciation are examples of - correct answer. Fixed Charges
Revenue management statistic that includes all revenue - correct answer. TrevPAR
Payments to vendors are registered on which statement - correct answer. Cash flow
statement
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
Total revenue- departmental profit- undistributed expenses-management fees- fixed
charges- replacement reserve + other income= - correct answer. net profit
A reduction in annual property insurance - correct answer. fixed costs
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