A Group of Visitors with a Narrow Range of Motivation

question 9

Multiple Choice

A group of visitors with a narrow range of motivation would:

• A) be attracted to only one kind of destination such as Disneyland.
• B) wish to visit mainly national parks.
• C) be interested in a destination offering many experiences.
• D) only choose a travel experience having an expert guide.
• E) select a tour based on a highly specialized theme.

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Definitions:

Retained Earnings

The cumulative amount of net income earned by a company that is retained and not distributed to shareholders as dividends.

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent accounts.

Net Income

The remaining earnings of a corporation after deducting all operating costs and tax obligations from its revenue.

Dividends Declared

The action by a company's board of directors to distribute a specified amount of the company’s earnings to its shareholders.