A rack rate is best understood as the price of a hotels a. Rooms when no discount

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A rack rate is best understood as the price of a hotel’s

a. Rooms when no discount is offered.

b. Rooms when discounts are offered.

c. Most expensive room types.

d. Least expensive room types.

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Managerial Accounting for the Hospitality Industry

ISBN: 978-1119386223

2nd edition

Authors: Lea R. Dopson, David K. Hayes

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Question Posted: Apr 30, 2018 12:51 AM

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A rack rate is best understood as the price of a hotels a. Rooms when no discount

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Managerial Accounting for the Hospitality Industry

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