Suppose a region with important natural resources is considering developing those resources for tourism. The idea of sustainable tourism requires that future generations not be harmed by spoiling of natural resources by the current generation.
One reason future generations have an interest in greater tourism development by the current generation is that a. resources developed now can lead to greater investment, and some of this investment will benefit future generations.
b. most natural resources will be worth less in the future, so that greater tourism development by the current generation benefits future generations.
c. greater tourism development by the current generation will lead to more natural resources available to the future generation.
d. all of the above.
From these demographics, it would appear that there is no relationship between income and financial security and the amount of visits and spending of players.
Indicate whether the statement is true or false
Which of the following accounting records includes a section for deductions?
a. the general journal
b. the Cash account
c. the front office cash receipts journal
d. the payroll journal
What are potential franchisees looking for in a franchisor and franchise concept and why?
What will be an ideal response?
What is the purpose of a line item review?
a. To establish initial cost targets
b. To compare actual costs to budgeted costs
c. To monitor revenue levels by accounting period
d. To provide information needed to reduce fixedcosts
If X is output by sector, A is the input-output matrix, and F is final demand by sector, then the matrix equation X = (I A)1F says that
a. the change in output of each sector is less than the change in final demand for the outputs.
b. the output of each sector is the final demand for the outputs of all sectors multiplied by a matrix of factors that take into account all of the interactions between the sectors.
c. the inverse of the change in output of each sector is the final demand for the outputs of all sectors divided by factors that take into account all of the interactions between the sectors.
d. all of the above.
Data has shown that where gambling is legalized, the number of dollars spent by compulsive gamblers on total gambling activities is cut in half.
Indicate whether the statement is true or false
What does the FDD (Franchise Disclosure Document) do in the franchise relationship? What are some descriptions of what would be covered in this document and who is it set up to protect?
What will be an ideal response?
What is the first step to be taken in the developmentof a cost control system?
a. Taking corrective action
b. Monitoring current expenses
c. Analyzing current sales data
d. Collecting accurate sales and cost data
What are the three types of gamblers?
a. recreational, occupational, compulsive
b. good, bad, and ugly
c. there are only two types: recreational and compulsive
d. professionals, novices, and non-gamblers
e. those who do, those who don't, and those who will
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