If an operation experienced a significant negativevariance in variable labor costs in an accountingperiod,
a. guest service levels would likely have declined inthat accounting period.
b. guest service levels would likely have beenimproved in that accounting period.
c. the number of guests served would likely be morethan previously estimated.
d. the average sale per guest would likely be lessthan previously estimated.
What two corporate giants were believed to have started a new trend in organizational cultures and casino management?
a. William Harrah, Howard Hughes
b. Bugsy Siegel, Howard Hughes
c. William Harrah, Baron Hilton
d. Donald Trump, Bugsy Siegel
e. Howard Hughes, Baron Hilton
The Tally-Ho Restaurant uses the percentage of sales method of estimating bad debt. Net credit sales for last year were 15,000, and net sales amounted to 21,000 .
If the firm's accountants estimated last year's uncollectible accounts to total 300, what percentage did they apply to determine this amount? a. 12 percent
b. 2 percent
c. 9 percent
d. 5 percent
If a standard pour is 1 ounces, how many neat pours must the bar make to cover the cost of the bottle if the selling price is 8?
a. 3
b. 4
c. 5
d. 6
e. 7
Airlines went to hub and spoke route systems when
a. their routes were deregulated after 1978.
b. fuel prices changed.
c. larger aircraft were introduced.
d. the Civil Aeronautics Board required them to go to hub and spoke systems.
Which is a good strategy for modifying a menu itemthat has been designated as a puzzle by a menu salesmix analysis?
a. Replace the item with a new item.
b. Improve the item's placement on the menu.
c. Move the item to a less prominent part of themenu.
d. Maintain the same selling price but reduce theitem's portion size.
Who is sometimes credited with beginning the shift to team management in casino culture?
a. Howard Hughes
b. Baron Hilton
c. William Harrah
d. Bugsy Siegel
e. All of the above
Airlines sometimes use code sharing, which refers to two airlines selling tickets for seats on the same flight. The two airlines do not check with each other to see that the ticket prices for the flight are similar because
a. they don't care what the other airline's prices are. b. customers want a choice among different prices.
c. coordinating their pricing decisions would violate antitrust laws.
d. they usually agree to charge the same price whenever they are using code sharing.
The four essential componants of a cocktail are:
a. spirit, sugar, water, bitters
b. spirit, sugar, garnish, bitters
c. spirit, vermouth, sugar, garnish
d. spirit, sugar, garnish, ice
e. spirit, soda, water, bitters
Net credit sales for the Breakeven Diner for the past year stands at 4,500 . If the diner's manager uses the percentage of sales method of estimating bad debt and uses 1.5 percent for this purpose, the amount of bad debt for the year would be:
a. 9.50.
b. 18.40.
c. 45.00.
d. 67.50.
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