Examlex
Identify and state the historical significance of the following:
-postmodernism
Guest-Days
A measure used in the hospitality industry to quantify the total number of days guest have stayed.
Total Fixed Cost
It encompasses all the expenses that do not change regardless of the business activity volume, such as rent and salaries.
Servicing Materials
Supplies or materials used in the maintenance and repair of products or equipment.
Planning Budget
A budget created at the beginning of the budgeting period that is valid for a planned level of activity.
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