MATCHING Choose the Item in Column 2 That Best Matches

question 7

Multiple Choice

MATCHING. Choose the item in column 2 that best matches each item in column 1.
Match the term with the correct description.
-Advance purchase excursion fares (APEX)

• A)Travelers go online and within minutes have several quotes and often access to better deals than if they go through a travel agent
• B)The travel intermediaries that package tours for a country or an area, and then sell them to retail travel agents wherever possible
• C)A consultant and sales intermediary for airlines, hotels, railroads, car rental companies, and cruise ships who receives commissions from the carriers and other suppliers
• D)Companies that arrange every aspect of a travel package and bring together all the elements of a trip for travelers
• E)The leading organization for meeting and event professionals
• F)Tours with a trained escort that travel with the group
• G)The professional association for meeting planners
• H)Global distribution system (GDS)
• I)Fares offered between selected cities that requires tickets purchased 60 days in advance and a stay of at least 22 but no longer than 45 days
• J)A set of strategies that enable
• capacity-constrained service industries to realize optimum revenue from operations

Understand the objectives and components of performance assessment and appraisal processes.

Recognize the significance of orientation and socialization processes for new employees.

Understand the concept and importance of flexible benefits programs for employees.

Recognize various strategies and components of base compensation and how they support organizational goals.

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Definitions:

Investment Property

Real estate property that has been purchased with the intention of earning a return on the investment through rental income, the future resale of the property, or both.

AASB 140

The Australian Accounting Standards Board regulation relating to the accounting for investment property.

IAS 40

A standard issued by the International Accounting Standards Board related to the accounting for investment property.

AASB 116

An Australian Accounting Standards Board standard detailing the accounting treatment for property, plant, and equipment.