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Which of the following statement is untrue? Group of answer choices Financial resources play an existential role in supporting the constant challenging tasks of meeting
Which of the following statement is untrue? Group of answer choices Financial resources play an existential role in supporting the constant challenging tasks of meeting consumers' dynamic demands and expectations, improving operational efficiency, identifying new opportunities for growth, and collecting and assessing relevant information for rational decision making in the hospitality industry. Financial instruments and markets play a critical role in ensuring the business success of hospitality companies. Financial instruments are often the tools and sources to secure the necessary financial resources to tackle the complexities embedded in the hospitality financial management framework and dictated by hospitality industry characteristics. Financial instruments are characterized by seasonality, perishability, intangibility, and simultaneity
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