The IRR criterion gives project accept/reject decisions that
A) do not account for the time value of money B) are not consistent with NPV
C) are based on accounting flows not cash flows D) are usually consistent with NPV
Which statement is not true about the merchant model of online channels work?
A) Hotel websites became direct competitors to the online distribution channels
B) The CRS systems are still more popular with consumers than the online channels
C) Is a different system than the agency model
D) Hotels sell online distribution channels rooms at a net rate; they mark them up a certain percentage
Land is often appraised separately from the buildings and property on it.
Indicate whether the statement is true or false
Shortening the required payback period:
A) is a way of accounting for higher project risk
B) helps to account for cash flows that occur after the payback period
C) has no effect on decisions based on payback criterion
D) is a way of accounting for lower project risk
The largest single cost for airline operations is
A) fuel B) advertising and marketing
C) terminal landing fees D) labor
Today, there is an increasing trend in the business/industry sector to subsidize foodservices as an employee benefit.
Indicate whether the statement is true or false
The world's largest travel market is
A) United States B) Italy C) France D) Asia Pacific
A private label service is an example of:
A) An outsourced CRS B) A soft brand
C) An in-house travel agency D) An in-house CRS
The highest and best use is generally that which generates the greatest return in value to the site being valued.
Indicate whether the statement is true or false
The payback criterion:
A) is biased towards short term projects B) accounts for the time value of money
C) always gives the same decisions as NPV D) is biased towards long term projects
Quick Reply
