Yellow, red or any other c Multiple Choice Questions 1 Which one of the following is an Asset account? A) Current Liabilities B) Notes Payable C) Common Stock D) Marketing Securities 2 Which one of the following is an Income Statement account? A) Cash B) Room Revenue C) Accumulated Depreciation D) Mortgage 3 Management fees are paid for... A) Franchising rights B) General Manager's Salary C) Managing the hotel property D) Advertising expenses 4 Hotel RevPAR is calculated as... A) ADR multiplied by Room Revenue B) Occupancy multiplied by number of rooms C) ADR multiplied by 365 D) ADR multiplied by Occupancy 5 The highest revenue in a hotel generated from which department? A) Food B) Beverage C) Room D) Other departments