In the hospitality industry, a point of sale (POS) system is used to record a. Guest sales,
Question:
In the hospitality industry, a point of sale (POS) system is used to record
a. Guest sales, payments and other information.
b. Rooms sold to guests.
c. The activities occurring in a hotel’s housekeeping department.
d. Changes in a business’s balance sheet.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (8 reviews)
a Guest ...View the full answer
Answered By
Jeff Omollo
As an educator I have had the opportunity to work with students of all ages and backgrounds. Throughout my career, I have developed a teaching style that encourages student engagement and promotes active learning. My education and tutoring skills has enabled me to empower students to become lifelong learners.
5.00+
5+ Reviews
52+ Question Solved
Related Book For
Managerial Accounting for the Hospitality Industry
ISBN: 978-1119386223
2nd edition
Authors: Lea R. Dopson, David K. Hayes
Question Posted:
Students also viewed these Business questions
-
Interact Systems, Inc., has developed software tools that help hotel chains solve application integration problems. Interact's application integration server (AIS) provides a two-way interface...
-
In the hospitality industry, a property management system (PMS) is used to record a. Customer transactions that take place at a hotels front desk. b. Changes to the value of a businesss property. c....
-
Besides the hotel business in the hospitality industry, explain at least three other areas where an optimization model could be used.
-
John Woods' weekly gross earnings for the present week were $2,500. Woods has two exemptions. Using an $80 value for each exemption and the tax rate schedule below, what is Woods' federal income tax...
-
On July 1, 2014, Wheeler Company purchased $4,000,000 of Duggen Company's 8% bonds, due on July 1, 2021. The bonds, which pay interest semiannually on January 1 and July 1, were purchased for...
-
discuss the concept of data lakes and their role in modern data architectures, including the integration of structured, semi-structured, and unstructured data sources for advanced analytics and...
-
7. In this problem you will price various options with payoffs based on the Eurostoxx index and the dollar/euro exchange rate. Assume thatQ= 2750 (the index), x = 1.25 ($/=C), s = 0.08 (the exchange...
-
Subpump Limited is an active business corporation owned 50% by Simpson and 50% by Clowes. The owners have been attempting to sell the company for several years and have recently received an offer...
-
Problem 6-36 Comparing Cash Flow Streams (L01) You've just joined the investment banking firm of Dewey, Cheatum, and Howe. They've offered you two different salary arrangements. You can have $67.000...
-
1. Assess the extent of the accommodations the employer made to allow Ciha to be able to return to work. 2. Because Bradley Ciha suffered no loss of earnings, how can he be considered 80 percent...
-
Which uniform system of accounts gives hoteliers and their accountants a consistent and easily understood road-map to record revenues, expenses and to report a hotel's overall financial condition? a....
-
Which would be the first action to occur in a hospitality businesss transaction recording and analysis process? a. Guest purchase b. Financial analysis c. Summary accounting d. Basic bookkeeping
-
On December 31, 20X1, Northeast Financial, Corp., issued $20 million of 8-year, 10% debentures at par. Interest is paid semiannually. 1. Compute the proceeds from issuing the debentures . 2. Using...
-
As a project manager it is important to utilize the right tool at the right time. When it comes to managing quality on projects, this is no exception. Identify three 'Total Quality Tools' that you...
-
Describe 2 change models that you could use to create change in an organization. Choose 1 of the models that you think would be most successful in an organization, and analyze reasons why you chose...
-
During the current year, Rothchild, Inc., purchased two assets that are described as follows. Heavy Equipment Purchase price, $375,000. Expected to be used for 10 years, with a residual value at the...
-
Regarding the Mozilla case, assume that Communities of Practice start to arise spontaneously around topics that are related to the visualizations in the Portal at Mozilla. What do you think is the...
-
Regarding Issues That Affect Recruitment, how would you proceed as the assistant superintendent for human resources in a school district that is experiencing a shortage of qualified applicants for...
-
Johnson & Johnson is the worlds largest and most broadly based healthcare company, with corporate offices in New Brunswick, New Jersey. Its common stock is listed on the New York Stock Exchange using...
-
Rowland Textile Inc. manufactures two products: sweatshirts and T-shirts. The manufacturing process involves two activities: cutting and sewing. Expected overhead costs and cost drivers are as...
-
The following selected transactions were completed by Air Systems Company during January of the current year. Air Systems Company uses the periodic inventory system. Jan. 2. Purchased $18,200 of...
-
The following selected transactions were completed by Green Lawn Supplies Co., which sells irrigation supplies primarily to wholesalers and occasionally to retail customers: July 1. Sold merchandise...
-
The payroll register of Konrath Co. indicates $13,200 of social security withheld and $3,300 of Medicare tax withheld on total salaries of $220,000 for the period. Federal withholding for the period...
-
1,600 Balance Sheet The following is a list (in random order) of KIP International Products Company's December 31, 2019, balance sheet accounts: Additional Paid-In Capital on Preferred Stock $2,000...
-
Question 3 4 pts 9 x + 3 x 9 if x 0 Find a) lim f(x), b) lim, f(x), C), lim , f(x) if they exist. 3 Edit View Insert Format Tools Table : 12pt M Paragraph B IV A2 Tv
-
Mr. Geoffrey Guo had a variety of transactions during the 2019 year. Determine the total taxable capital gains included in Mr. Guo's division B income. The transactions included: 1. On January 1,...
Study smarter with the SolutionInn App