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wrote...
Posts: 642
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A year ago
Today, the National Railroad Passenger Corporation is known as:
 
  A) Amtrak B) the L C) light rail D) Metro



Why are there so many career opportunities in the gaming industry?
 
  What will be an ideal response?



List three differences between the P&L Statement and the Balance Sheet.
 
  What will be an ideal response?



List the top three cruise line companies and briefly describe the types of customers they appeal to.
 
  What will be an ideal response?



The development of the ________ in the 1830's made travel affordable and comfortable for the masses.
 
  A) Railroad B) Cruise line C) Airplane D) Automobile



Outline the rationale for the Native American involvement in the gaming industry.
 
  What will be an ideal response?



On what financial statement does Wages Payable belong?
 
  A) Balance Sheet
  B) P&L Statement
  C) Statement of Cash Flows
  D) Independent Audit Report
  E) None of the above



A major benefit of the hub and spoke system adopted by major U.S. airlines is:
 
  A) airlines can save marketing costs
  B) airlines have more control over which passengers select their services
  C) airlines can service more cities at a lower cost
  D) airlines can expand employee hiring



The highest ranking position on a cruise ship, receiving the most perks is the ________.
 
  Fill in the blank(s) with correct word



Over the past few years, many major U.S. airlines have lost billions of dollars in revenue, this can be attributed to all of the following except:
 
  A) higher salaries B) additional fuel costs
  C) lower benefit costs for employees D) competition from low-cost airlines
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wrote...
Posts: 292
Rep: 3 0
A year ago
A

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Gaming involves so many of the hospitality facets. There are hotels, restaurants, attractions, recreational activities, and games that have to be managed. Workers are needed en masse to fill this growing segment.

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1. The P&L shows actual operating performance over a period of time, the Balance Sheet shows the net worth at a specific point in time.
2. The P&L records revenues, expenses and profits, the Balance Sheet records amounts or balances at a specific time for assets, liabilities and owner equity.
3. The P&L accumulates totals over a period of time, the Balance Sheet records beginning balances, account activity, and ending balances.
4. Each month, the P&L accounts start at zero; each month, the Balance Sheet carries over the ending balance from the previous month and it becomes the beginning balance for the next month.
5. Operating managers use the P&L in the daily operation of their departments. The accounting managers use the Balance Sheet in recording financial activity.

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Carnival-the most successful financially targeting adults between the ages of 25-54. Provide lots of entertainment and gambling. Smaller cabins to accommodate greater public areas.
Royal Caribbean-target market of ages 35 plus with a relatively high income, welcome families
Norwegian-(Star Cruises) freestyle cruising, dress as you wish and eat when and where you want, more casual

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A

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Native Americans have often been to Washington fighting for the right to ownership of land they felt was taken from them unjustly. The U.S. government has allowed Native Americans the right to govern their own people on their own reservations for many years. Another incentive is the right to own and operate gaming facilities on these reservations with limited tax liability and limited governmental influences.

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A

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C

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captain

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C
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wrote...
A year ago
I can see it now, thanks for clarifying
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