The Credit Department of a Hotel Is Normally Part of the Accounting

question 22

True/False

The credit department of a hotel is normally part of the accounting department.

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Definitions:

Organization

Any group or aggregation of individuals into a purposeful entity, such as those found in business and industry, government, and the social community; also, the process of aligning people and resources to accomplish tasks (visions, goals, initiatives, and the like).

Recognition Needs

The requirement for acknowledgment and appreciation from others, often as a motivator in workplace settings.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, which suggests that people are motivated by five basic categories of needs: physiological, safety, love/belonging, esteem, and self-actualization.

Organization

A structured group of people working together to achieve common goals or objectives.