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Hospitality Financial Challenges correct answers A multifaceted industry; low profitability; fluctuating sales volume (not like a supermarket); labor intensive; capital intensive; reliance on discretionary incomes Accounting is the correct answers Language of business Two parts of accounting correct answers Managerial and Financial Financial accounting correct answers The goal of financial accounting is to produce financial statements that accurately present the financial condition of t...

Principal correct answers Amount of money being borrowed Debt Service correct answers Fixed payments to the bank Interest Rate correct answers Percentage of loan balance Amortization Rate correct answers Number of years debt service payments is based on What is the Principal Amount based on? correct answers the amount of money dedicated to debt service Carried Interest correct answers Ownership percentage with no equity investment Promoted Interest correct answers Ownership awa...

principal correct answers amount of money borrowed debt service correct answers the amount of the regular fixed payments to the bank in repayment of the loan interest rate correct answers the percentage of the loan balance the lender charges the borrower for the use of money amortization rate correct answers the number of years the debt service payment is based on loan-to-value ratio correct answers the percentage of a venture's estimated value for which a lender will approve a loan...

Shareholder value for a private company is the current market price of its common stock multiplied by the number of shares of common stock outstanding. correct answers FALSE The more capital a company requires for growth, the quicker the growth rate. correct answers FALSE Steady, sustained growth in the number of properties a company owns or manages provides clear career paths for its employees. correct answers TRUE To increase profits, a higher sales volume can be achieved by either ra...

What do you assess for during a Mental Status Exam (MSE)? correct answers 1. level of consciousness 2. physical appearance 3. behavior 4. cognitive and intellectual abilities alert correct answers able to fully respond by opening eyes, attend to normal tone of voice and speech, and answer questions spontaneously and appropriately lethargy correct answers able to open eyes and respond, but is drowsy and falls asleep readily obtundation correct answers needs to be lightly shaken to eli...

A nurse is preparing to obtain a nursing history from a client who has a new diagnosis of anorexia nervosa. Which of the following questions are appropriate for the nurse to include in the assesment? correct answers A. "What is your relationship like with your family?" C. "Would you describe your current eating habits?" E. "Can you discuss your feelings about your appearance?" Rationale: A family history of a client who has anorexia should include an assessment of family and interpers...

A nurse is caring for a client who is undergoing electroconvulsive therapy (ECT) and will receive succinylcholine. The client asks the nurse about this medication. Which of the following responses should the nurse make? correct answers "Succinylcholine is given to reduce muscle movements during therapy." - Succinylcholine is a muscle-paralyzing agent that will decrease muscle movement during the procedure so the client is less likely to be injured. A nurse is discussing the home care of a c...

A nurse is assisting with the admission of a toddler who has bacterial meningitis caused by Haemophilus influenzae type B. Which of the following isolation guidelines should the nurse plan to initiate? correct answers Droplet precautions A nurse is caring for a toddler who has terminal cancer and is receiving hospice care. The child's parent tells the nurse, "I'm a bad parent, and I can't deal with this." Which of the following responses should the nurse make? correct answers "I'm not ...

A nurse is reinforcing teaching with the guardians of a school-age child who has hearing loss. Which of the following techniques should the nurse recommend to facilitate communication with the child? correct answers Use facial expressions when speaking A nurse is contributing to the plan of care for a child who has sickle cell anemia and is experiencing a vaso-occlusive crisis. Which of the following is the priority intervention for the nurse to recommend to include in the plan? correct answe...

A nurse is providing discharge teaching for a client who has a new prescription for a home oxygen concentrator. Which of the following instructions should the nurse provide to the client and his family? (Select all that apply.) correct answers Check the cord routinely for frays or tearing Consider purchasing a generator for power backup Observe for signs of hypoxia A charge nurse is observing a newly licensed nurse prepare a sterile field for a dressing change. Which of the following action...