Who Would Issue an RFP to a Hotel

question 19

Multiple Choice

Who would issue an RFP to a hotel?

• A) GM
• B) Client
• C) Owner
• D) Franchisor

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Definitions:

Retailer

A business or person that sells goods directly to consumers from a physical or online store.

Periodic Inventory System

An accounting method that records inventory purchases and sales periodically, often at the end of an accounting period, instead of continuously updating stock levels.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials, labor, and overhead.

Accounting Period

The specific time period during which financial transactions are recorded and financial statements are prepared, typically a quarter or a year.