If the management of ABC Corporation invests in the stock of XYZ Company and plans to keep the stock for five years, the investment would be recorded on the balance sheet as marketable securities.
Indicate whether the statement is true or false
In the context of a plumbing system, what does an aerator do?
A) It reduces water flow from a faucet, saving water.
B) It adds outside air to our ventilation systems.
C) It injects water into our toilet's flush mechanism to save water.
D) None of the above
MADD (Mothers Against Drunk Driving) has had a considerable impact on the hospitality industry's approach to serving alcohol.
Indicate whether the statement is true or false.
There is no underclass in the United States.
Indicate whether the statement is true or false.
Defining people by their birthrate may be less valuable to marketers than defining them by their life stage or lifestyle.
Indicate whether the statement is true or false.
The marketing plan has to remain simple and easy to execute.
Indicate whether the statement is true or false
If a menu item is estimated to bring in 300,000 in future earnings without doing any market research, but it is believed the earnings could be increased to 330,000 by spending 40,000 on research, then the marketing director should:
A) Veto the research
B) Somewhat support the research
C) Highly encourage the research
D) Eliminate the menu item
The person who prepares and distributes production reports, call sheets, and shooting schedules is called a:
A) production assistant. B) stage manager.
C) production office coordinator. D) production manager.
The two basic approaches to cash budgeting are:
A) the cash receipts and disbursements and adjusted net income methods
B) the collections and disbursements methods
C) the cash and accrual methods
D) the net income and gross income methods
The boss of the general manager of an independent extended-stay property is:
A) the hotel owner.
B) a management company official.
C) one or more investors.
D) any of the above depending on the organizational structure.
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