1|Pag e
BUSINESS ACUMEN CERTIFICATION EXAM||
ACTUAL EXAM ALL QUESTIONS AND CORRECT
ANSWERS ALREADY GRADED A+|| LATEST
UPDATE 2024 WITH VERIFIED SOLUTIONS||
ASSURED PASS!!!
Excessively high employee counts in the balance scorecard accounts could
indicates: - ANSWER: higher Guest Service and Lower GOP; because a lot of
expenses decrial GOP
The operating results shown on monthly summary profit and loss statement: -
ANSWER: changes balance sheet and cash flow statement. Because changes
current asset and cash.
An online discounted channel is called - ANSWER: opaque
Which formula is the formula for the balance sheet - ANSWER: Assets=
Liabilities and Owners Equity
Which shows hotels current debt to vendors - ANSWER: Balance Sheet /
Accounts Payable
In most cases the least expensive channel reservations cost is - ANSWER: Direct
call; no discount or commission
If GOP is 30% what is total revenue - ANSWER: 100% total revenue
Revenue/Income minus departmental expense and other direct costs equal -
ANSWER: GOP; Income Statement
, 2|Pag e
For the purpose of cost, volume, profit break even analysis GOP is called -
ANSWER: Contribution Margin; becomes profit
Total room revenue divided by number of rooms sold equals: - ANSWER: ADR;
not RevPAR because RevPAR takes occupancy percentage into account
Where is this months profit registered on the balance sheet - ANSWER: retained
earnings
For property management team including revenue manager the key measurement
of business results is - ANSWER: Gross Operating Profit
If monthly depreciation expenses increase than income tax on profit would tend to
- ANSWER: decrease; the depreciation is when the value goes down
Where is the hotels GOP or House Profit is listed - ANSWER: summary income
statement (Profit and loss)
Which statement lists the amounts of accounts Receivable this month - ANSWER:
cash flow; collection of accounts receivable.
On which statement would you find payroll, wages and employee benefits for
rooms division - ANSWER: Departmental Income Statement
How is working capital calculated - ANSWER: Current Assets - current liabilities
BUSINESS ACUMEN CERTIFICATION EXAM||
ACTUAL EXAM ALL QUESTIONS AND CORRECT
ANSWERS ALREADY GRADED A+|| LATEST
UPDATE 2024 WITH VERIFIED SOLUTIONS||
ASSURED PASS!!!
Excessively high employee counts in the balance scorecard accounts could
indicates: - ANSWER: higher Guest Service and Lower GOP; because a lot of
expenses decrial GOP
The operating results shown on monthly summary profit and loss statement: -
ANSWER: changes balance sheet and cash flow statement. Because changes
current asset and cash.
An online discounted channel is called - ANSWER: opaque
Which formula is the formula for the balance sheet - ANSWER: Assets=
Liabilities and Owners Equity
Which shows hotels current debt to vendors - ANSWER: Balance Sheet /
Accounts Payable
In most cases the least expensive channel reservations cost is - ANSWER: Direct
call; no discount or commission
If GOP is 30% what is total revenue - ANSWER: 100% total revenue
Revenue/Income minus departmental expense and other direct costs equal -
ANSWER: GOP; Income Statement
, 2|Pag e
For the purpose of cost, volume, profit break even analysis GOP is called -
ANSWER: Contribution Margin; becomes profit
Total room revenue divided by number of rooms sold equals: - ANSWER: ADR;
not RevPAR because RevPAR takes occupancy percentage into account
Where is this months profit registered on the balance sheet - ANSWER: retained
earnings
For property management team including revenue manager the key measurement
of business results is - ANSWER: Gross Operating Profit
If monthly depreciation expenses increase than income tax on profit would tend to
- ANSWER: decrease; the depreciation is when the value goes down
Where is the hotels GOP or House Profit is listed - ANSWER: summary income
statement (Profit and loss)
Which statement lists the amounts of accounts Receivable this month - ANSWER:
cash flow; collection of accounts receivable.
On which statement would you find payroll, wages and employee benefits for
rooms division - ANSWER: Departmental Income Statement
How is working capital calculated - ANSWER: Current Assets - current liabilities
