Answer the following statements true (T) or false (F)

1. Internships are only beneficial if the intern is hired by the company.
2. Simulation training can be used to prevent failures where the consequences are too great, like a new front desk employee checking in two guests in the same room.
3. E-learning has been proven to be less effective than traditional methods and not cost-effective.
4. Mentorship is basically apprenticeship for executives.
5. Many hotels require general managers to have a full range of experience throughout many departments before being eligible for promotion.


1. False
2. True
3. False
4. False
5. True

Business

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The ____________________ depreciation method is based on the extent to which the asset was used during the year

Fill in the blank(s) with correct word

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An audit program provides an effective means for which of the following?

a. Reviewing the completeness and persuasiveness of procedures performed. b. Recording the audit work performed and those responsible for performing the work. c. Organizing and distributing the work. d. All the above.

Business

Which of the following types of information is not essential for a manager to run a business effectively?

a. Product or service costing information b. Data for planning and controlling of operations c. Special reports and analyses to support decisions d. Quote of the current price of the company's stock

Business

Profits drop during the growth stage of the PLC because per customer promotion costs are high

Indicate whether the statement is true or false

Business