The Lack of Operational Power,high Fees,low Percentage of Reservations from the Central

question 30

Multiple Choice

The lack of operational power,high fees,low percentage of reservations from the central reservation system are all ________ of franchising.

• A)bonuses
• B)trends
• C)benefits
• D)drawbacks

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Definitions:

GAAP

Stands for Generally Accepted Accounting Principles, which are a common set of accounting principles, standards, and procedures that companies must follow when compiling their financial statements.

Cash Dividend

A distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders in the form of cash.

Total Stockholders' Equity

The total value of a company's assets minus its liabilities, representing the ownership interest of shareholders.

Common Stock

Shares representing ownership in a company, entitling holders to vote on corporate issues and receive dividends.