In Which Type of Accounting System Would a Hotel's Data

question 6

Multiple Choice

In which type of accounting system would a hotel's data be combined with data from other hotels prior to its analysis?

• A) Centralized
• B) Decentralized
• C) GAAP system
• D) USALI system

---

Definitions:

Trade Deficit

A situation where a country's imports exceed its exports during a specific period, leading to a negative balance of trade.

2008

A year marked by the global financial crisis, often associated with the fall of major banks and economic recession.

Trade Surplus

A situation where a country's exports exceed its imports, indicating a positive balance of trade.

GDP

Gross Domestic Product, a measure of the total economic output of a country, representing the total value of all goods and services produced over a specific time period.