All of the following are sections of the statement of cash flows except the:
a. Operating Activities section.
b. Earning Activities section.
c. Financing Activities section.
d. Investing Activities section.
When a customer is paid a winning bet in Keno, Bingo, or the Sportsbook, what is created?
a. ticket and point of sale
b. a hard copy and digital record
c. a player's card and comp
d. a fill slip and drop slip
e. none of the above
Investors expect that managers will adhere to three basic imperatives when making investments, EXCEPT:
a. managers will provide a return on investment that meets investors' goals
b. managers will take into consideration inflation when making investments
c. managers will reflect the investor's need to be compensated for risk
d. managers will make risky investments to earn more money
Unlike the traditional mission statement, the contemporary mission statement is more heavily influenced by the marketing thinking of large segments.
Indicate whether the statement is true or false
Which of the following would best be described as short-term, highly liquid investments?
a. cash inflows
b. cash outflows
c. cash equivalents
d. financing activities
What is the hard count room?
a. an area where all money is collected
b. an area where all money is counted
c. an area where the coins and chips are counted
d. an area where surveillance is watching to make sure that all money is being given out appropriately
e. an area where employee banks are assembled and distributed
Although strategic formulation begins with the business domain definition and ends with the evaluation process, it should not be regarded as a one time thing.
Once the process is completed for the first time, it then becomes a part of the manager's daily activities. Indicate whether the statement is true or false
If a firm had a current share price of 20, and the firm had 5,000,000 shares of stock outstanding and the Net present value (NPV) of the proposed competitive method was 2,500,000, the new share price would be:
a. 19.5
b. 20.5
c. 18
d. 22
All of the following are securities in which hospitality firms may invest except:
a. bonds purchased as trading securities.
b. stocks purchased as trading securities.
c. stocks purchased as held-to-maturity securities.
d. bonds purchased as held-to-maturity securities.
The difference between the money wagered and the money paid for winning wagers is called:
a. drop
b. payout
c. hold
d. cash and cash equivalents
e. taxes
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