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What value is used to account for complimentary items

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Reference no: EM132471692

Question 1: in a hotel owned and operated casino operation, what value ( for accounting purposes) is used to account for complimentary items provided to guests?

Option a) the cost of the items plus any attached promotional fees

Option b) the approximate retail value of the items

Option c) the actual cost of the items

Option d) all of the above are acceptable cost estimations

Reference no: EM132471692

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