Term Definition
How many Scale categories are C
there compared to Class
categories?
A. 7 Scale categories and 6
Class categories
B. 6 Scale categories and 6
Class categories
C. 6 Scale categories and 7
Class categories
D. 7 Scale categories and 7
Class categories
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True False
,Correct definition
A
2 of 74
Term Definition
The definitions for Supply,
C
Demand, and Room Revenue
used by STR and others in the
lodging industry are taken from
what source?
A. Lodging Industry Accounting
Fundamentals Guide
B. Hotel Bookkeeping for
Dummies
C. Uniform System of Accounts
for the Lodging Industry
D. Modern Hotel Industry
Accounting
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True False
3 of 74
Term Definition
C
,In which of the following
situations will occupancy
increase?
A. Supply decreases 10% and
demand decreases 5%
B. Supply increases 10% and
demand increases 5%
C. Supply increases 5% and
demand decreases 5%
D. Supply decreases 5% and
demand decreases 10%
Give this one a try later!
True False
Correct definition
A
4 of 74
Term Definition
Which statement is true B
regarding raw data that
issubmitted to STR?
A. A small amount comes in the
form of raw data files
B. The majority of data is
, exported from the hotel
company systems
C. Most data is entered online
D. There are limited error check
programs
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True False
5 of 74
Term Definition
Which is NOT an accurate
D
statement related to the
analysisof hotel development
and Pipeline data?
A. It is helpful to analyze past
development of hotels in recent
years.
B. It is useful to analyze future
development of hotels that will
be opening in the years to
come.
C. It can be interesting to look
at development by categories
such as Class, Submarket, or
Brand.