Examlex

Solved

One of the Best Predictors of What Guests Will Do

question 11

Multiple Choice

One of the best predictors of what guests will do on pleasure trips is determined by _____________.


Definitions:

Periodic Inventory System

An inventory accounting system where updates to inventory levels are made at specific intervals and not recorded in real-time after each sale or purchase.

Periodic Inventory System

An inventory accounting system where updates to inventory levels are made periodically, typically at the end of a reporting period.

Periodic

In accounting, periodic refers to a system or method where financial information and inventory levels are updated at specific intervals, rather than continuously.

Purchases

The total amount spent on goods and materials bought for resale or use in production during an accounting period.

Related Questions