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The cost of Room Attendant Wages would be considered a _________ cost: Fixed Variable Current Assets are listed in the balance sheet in: Alphabetical order

  1. The cost of Room Attendant Wages would be considered a _________ cost:
    1. Fixed
    2. Variable
  2. Current Assets are listed in the balance sheet in:
    1. Alphabetical order
    2. Order of their liquidity (Highest to Lowest)
    3. Order of value – from Highest dollar amount to lowest
    4. No special order
  3. _________ involves understanding of the type of customer generating demand. Examples of categories include Corporate Discount, Leisure, Government, etc.
    1. Revenue Maximization
    2. Rate Management
    3. Market Segmentation
    4. None of the above
  4. In Menu Engineering, a “Dog” is both relatively unprofitable and relatively unpopular and should be:
    1. Removed from the menu and replaced with a more profitable item (unless there is a reason to keep it)
    2. Kept, but lower price to increase volume
    3. Increase portion size to increase profit
    4. Left alone

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