business acumen certification exam questions and answers.pdf file:///C:/Users/HP/Desktop/New%20Conver/business%20acumen%20
Business Acumen Certification Exam
1. Excessively high employee counts in the balance scorecard accounts could indicates
ANS higher Guest Service and Lower GOP; because a lot of expenses decrialGOP
2. The operating results shown on monthly summary profit and loss state- ment
ANS changes balance sheet and cash flow statement. Because changes currentasset and cash.
3. An online discounted channel is called
ANS opaque
4. Which formula is the formula for the balance sheet
ANS Assets= Liabilities andOwners Equity
5. Which shows hotels current debt to vendors
ANS Balance Sheet / AccountsPayable
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,business acumen certification exam questions and answers.pdf file:///C:/Users/HP/Desktop/New%20Conver/business%20acumen%20
6. In most cases the least expensive channel reservations cost is
ANS Direct call;no discount or commission
7. If GOP is 30% what is total revenue
ANS 100% total revenue
8. Revenue/Income minus departmental expense and other direct costs equal-
ANS GOP; Income Statement
9. For the purpose of cost, volume, profit break even analysis GOP is called
ANS -
Contribution Margin; becomes profit
10. Total room revenue divided by number of rooms sold equals
ANS ADR; notRevPAR because RevPAR takes occupancy percentage into account
11. Where is this months profit registered on the balance sheet
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