Guest Cycle I- Guest Cycle: Introduction • The guest cycle describes the activities that each guest passes by from the moment he/she calls to communicate a reservation inquiry till he/she departs from the hotel. In fact‚ the guest cycle encompasses 4 different stages‚ which are depicted in the underneath‚ diagram: Pre-Arrival Þ Arrival Þ Occupancy Þ Departure • Each stage of the guest cycle is associated guest service‚ and guest accounting activity. 1. Guest services: Reservation
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addressed. Industry Trends and Strategies While the gaming industry was once considered to be “recession proof‚” it endured significant losses at the height of the global economic downturn. However‚ a quick recovery appears to have taken place as revenues began to slowly increase in 2009 and 2010. Furthermore‚ the future appears to be looking good for the gaming industry since casino operations have recently been legalized in four more states including Kansas‚ Missouri‚ Maine‚ and Massachusetts. On
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ineffective in reducing equivocality in an information environment Helps with saving the rules and cycles for future organizational use Helps with saving the rules and cycles for future organizational use Rules and cycles can be retained in the form of casual maps. Rules and cycles can be retained in the form of casual maps. ASSEMBLY RULES ASSEMBLY RULES COMMUNICATION CYCLES COMMUNICATION CYCLES RETENTION RETENTION CASUAL MAPS CASUAL MAPS SENSE-MAKING SENSE-MAKING KARL WEICK’S THEORY
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earning of revenue that is not received in cash is recorded as what? a. Debit to Revenue and Credit to Accounts Receivable b. Debit to Accounts Receivable and Credit to Revenue c. Debit to Accounts Payable and Credit to Revenue d. Debit to Cash and Credit to Revenue 7. It presents the original trial balance plus or minus the adjustments. a. Adjusted Trial Balance c. Unadjusted Balance Sheet b. Unadjusted Trial Balance d. Adjusted Income Statement 8. What cycle is
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capital‚ the business will not be operated. The financial requirement will be financed by owner’s equity. The amount of ₱22‚057.00 in the first cycle will be raised through equity financing. The equity capital will be invested at the start of the operation. The ending cash balance of ₱31‚269.00 in the first cycle will be used for the operation of the second cycle. C. PROJECTED FINANCIAL STATEMENT Three financial statements were prepared. These include the projected income statement‚ cash flow statement
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Skip filling Hoist Skip Skip emptying Lower skip Skip filling Place and compact concrete Wait Wait Smooth and finish concrete Fill skip In this example‚ the crane (or more accurately the crane skip) is critical. On way to reduce the cycle would be to use two skips. One skip could be being filled while the other is emptied and all that would be needed is a few seconds to change over the crane hook when the newly emptied skip is lowered to the ground. Time 1 min 2 min 3 min 4 min 5 min
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Income Summary account in order to properly determine net income (or loss) for the period. 10. After closing entries have been journalized and posted‚ all temporary accounts in the ledger should have zero balances. 11. Closing revenue and expense accounts to the Income Summary account is an optional bookkeeping procedure. 12. Closing the dividends account to Retained Earnings is not necessary if net income is greater than dividends during the period. 13. The
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ACCOUNTING/291 Capital Expenditure vs Revenue Expenditure Carlos Flannigan XACC/291 Instructor: Tameka Johnson October2 ‚2014 Expenditures are unavoidable for any company to exist in the competitive market‚ to expand the business or to find new opportunities to open up beneficial business in those areas‚ etc. Expenditure is defined as payments of cash or cash equivalent for goods or services‚ or a charge against
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extending the knowledge required to draw conclusions and the skills required to audit advanced accounting and information systems. With management consulting practices growing and information systems becoming a larger percentage of public accounting revenue‚ MIS professionals are in high demand. If you are considering a degree in computer or information systems‚ you
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Algebra I Cost-Revenue Business Project This project is designed for you to demonstrate your understanding of systems of linear equations. Before starting‚ read the entire project outline and requirements. During this project you are to do the following: 1) Pair up with a partner and create a business that sells one commodity of your choice (points for creativity). 2) Create a Market Research Survey that will be used to survey 50 students to help you discover what potential customers are looking
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