Reference no: EM132503616

Question 1: In the process of benchmarking for a variable expense (such as payroll) the typical metrics used are "Total Dollars" and "Dollars per Available Room."

Group of answer choices

True

False

Question 2: Dr. Ricci owns a hotel with 200 guestrooms. On Monday evening, Dr. Ricci's property had 150 out of its 200 rooms occupied. The General Manager (GM) calls Dr. Ricci on Tuesday morning and reports to him that the hotel's occupancy for Monday night was?

Group of answer choices

25%

50%

75%

It is not possible to calculate this result from the data provided

Question 3: The 100-room Fantastic Florida motor lodge accepts only cash for its guests. On Saturday evening the hotel had 90 of its rooms occupied and total cash receipts for the evening totaled $9,000.00. What was the motor lodge's average daily rate (ADR) for that particular evening?

Group of answer choices

$90.52

$148.17

$100.00

$100.33

Question 4: It is possible for a hospitality operation to be operating at a profit during any given month but to simultaneously have insufficient cash flow during that same month.

Group of answer choices

True

False