The Daily Report Preformed by the Night Auditor Contains Key

question 18

Multiple Choice

The daily report preformed by the night auditor contains key operating ratios used by management including

• A) total number of rooms in the hotel
• B) room occupancy percentage
• C) business center revenue
• D) front office schedule

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Definitions:

Serial Bonds

Bonds of a single issue that mature in installments at regular intervals.

Bonds Outstanding Method

A method used to calculate the total amount of issued bonds by a corporation that have not yet been redeemed or matured.

Amortizing Discount

An Amortizing Discount is the process of spreading the amount of a bond's discount over its expected life, usually through regular charges to expense.