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What is the primary purpose of a hotel controller?


A) Serve as the chairperson of the EOC.
B) Advise the GM on pricing decisions.
C) Manage the hotel's payroll and benefits costs.
D) Oversee bookkeeping and accounting functions.

Correct Answer

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A hotel's AP balance increases when


A) products and services are sold to customers on credit.
B) invoices for products purchased by the hotel are paid.
C) legitimate invoices have been received by a hotel for payment.
D) customers who have been sold products and service on credit pay their bills.

Correct Answer

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Which financial tool would help a GM determine the best time to temporarily close a large number of guest rooms for renovation?


A) Audit
B) Budget
C) Revenue forecast
D) Statement of cash flows

Correct Answer

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What is the name of the accounting procedures suggested for use in the hotel industry?


A) USR
B) USL
C) USAR
D) USALI

Correct Answer

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Which type of budget would be best used for scheduling needed capital expenditures?


A) Weekly
B) Monthly
C) Annual
D) Long range

Correct Answer

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