What Is a Slip Percentage, According to the Article

question 12

Multiple Choice

What is a slip percentage, according to the article?

• A) It is a formal document of the number of accidents that occurred at the workplace.
• B) It is the expected variation from stated arrival and room "pickup" percentages the group's meeting planner promised.
• C) It is a document stating the number of errors that occurred with the guests during the previous day.
• D) It means that the hotel overcommitted the number of rooms they are able to offer to guests.
• E) None of the above

---

Definitions:

S-4

A form filed with the U.S. Securities and Exchange Commission (SEC) related to mergers and acquisitions, containing significant information about the transaction.

S-8

S-8 is a form filed with the SEC used by publicly traded companies to register securities that will be offered to employees through an employee benefit plan.

Form 8-K

A report filed by publicly traded companies to announce major events that shareholders should know about, including acquisitions, disposals, and changes in control.

Significant Events

Major occurrences that have a profound effect on a company's operations and financial statements, such as mergers, acquisitions, or natural disasters.