Food beginning inventory is 15,000 and Cash beginning balance is 30,000. You purchase 6,000 in food supplies to be paid for at the end of the month and 2,500 in purchases that were paid for immediately.
You also put 8,000 of inventory into production. Set up the necessary Balance Sheet and P&L Statement accounts and post these transactions to the appropriate accounts. Do not give journal entries Post amounts to accounts.
Quality guest service requires that we
A) understand our guest's needs B) Focus on food quality
C) increase service advertising D) prioritize our profit motive
Typical theme parks are Opryland and Disneyland, areas set aside just for
A) refreshments
B) shows
C) hotels
D) music
E) recreation for families
Internal customers are
A) the employees B) loyal customers who return often
C) restaurant dining room customers D) hotel guests
Changes both positive and negative are measured in terms of:
What will be an ideal response?
Anyone who receives or benefits from the output of someone's work is
A) a vendor B) a guest C) internal guest D) an employee
Write the formulas for the following:
Average Room Rate
Occupancy
Profit
REVPAR
Cost
What will be an ideal response?
Commercial recreation is also defined as
A) leisure tourism B) adventure tourism C) themed tourism D) fee-based tourism
Name four different profit levels in a hotel.
What will be an ideal response?
Name four levels of management and hourly positions that are part of a hotel organization chart.
What will be an ideal response?