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5. Double occupancy is: (a) The percentage of rooms occupied by more than one person during a period (b) The number of hotel guest rooms

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5. Double occupancy is: (a) The percentage of rooms occupied by more than one person during a period (b) The number of hotel guest rooms occupied more than once in a 24-hour period (e) The result of a desk clerk reserving the same room for two different people on the same night (d) Only desirable if the hotel has a low general occupancy rate 6. Financial leverage is: (a) The use of equity rather than debt to improve return on owners' equity (b) A method of decreasing the debt to equity ratio (e) The use of debt rather than equity to improve return on owners' equity (d) A safe method of obtaining long-term debt financing in times of declining net income 7. An objective of internal control is to: (a) Eliminate collusion (b) Prevent employees from having access to cash (e) Provide 24-hour policing of employees (d) Safeguard the assets

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