Which of the following is the best example of a financial performance measure for a hotel's balanced scorecard?
a. Number of frequent-customer points awarded.
b. Time taken to register a guest.
c. Number of employee suggestions.
d. Revenue per available room.
d
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Profits from operating activities distributed to business owners are called dividends
a. True b. False Indicate whether the statement is true or false
When using the HURIER model, what does the understanding step ask you to do?
a. concentrating on and attending to the message b. recalling the message so it can be acted on c. logically assessing the value of the message d. attaching meaning to the verbal communication
The Blue Saints Band is holding a concert in Toronto. Fixed costs relating to staging a concert are $350,000 . Variable costs per patron are $5.00 . The selling price for a tickets $25.00 . The Blue Saints Band has sold 24,00 . tickets so far. At the current level of sales, what is the margin of safety in dollars?
a. $162,500 b. $112,500 c. $180,000 d. $115,000
Most contracts need to be performed only to the satisfaction of a reasonable person unless they expressly state otherwise
a. True b. False Indicate whether the statement is true or false