Which Is the Highest Level of LEED Recognition for Which

question 2

Multiple Choice

Which is the highest level of LEED recognition for which a green hotel could qualify?

• A) Gold
• B) Silver
• C) Certified
• D) Platinum

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Definitions:

Accrual

The accounting method that recognizes revenues and expenses when they are incurred, regardless of when cash is exchanged.

Unexpired Insurance

The portion of paid insurance premiums that is applicable to future periods, representing coverage that has not yet been used or expired.

Accrued Asset

An asset that represents revenues or incomes that have been earned but not yet received in cash or recorded.

Fiscal Period

A specific time period for which a business conducts financial accounting and reporting, often a year, split into quarters or months.