MATCHING Choose the Item in Column 2 That Best Matches

question 22

Multiple Choice

MATCHING. Choose the item in column 2 that best matches each item in column 1.
Match the term with the correct description.
-Office of Travel and Tourism Industries (OTTI)

• A)Planning, regulations, and initiatives, etc., used to shape the tourism development
• B)An example of travel hassles
• C)Gross income after tax deductions
• D)The ability of a destination to receive and care for the needs of tourists within the limits of sustainability
• E)H1N1 virus
• F)An example of national tourists offices (NTOs)
• G)A tour that has everything planned, arranged, and included for one price
• H)Tourists who "visit" destinations without leaving their homes
• I)Income after subtracting taxes and normal expenses
• J) Avian influenza

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Definitions:

Cost Of Goods Sold

The direct expenses related to the manufacturing of products sold by a company, encompassing both materials and labor costs.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue from credit sales by comparing net credit sales with the average accounts receivable.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, typically including the balance sheet, income statement, and cash flow statement.

Acid-Test Ratio

is a financial metric that assesses a company's ability to pay off its current liabilities with its most liquid assets, excluding inventory.