When a hotels room revenue forecasts are consistently and unrealistically too low they a. Result in under-aggressive

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When a hotel’s room revenue forecasts are consistently and unrealistically too low they

a. Result in under-aggressive room rate determinations and rates that are set too low.

b. Cause unrealistic high profit expectations by the hotel’s owners

c. Produce budgeting/ spending errors by overstating anticipated revenues.

d. Result in over-aggressive room rate determinations and rates that are set too high.

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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 01:18 AM

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When a hotels room revenue forecasts are consistently and unrealistically too low they a. Result in under-aggressive

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Managerial Accounting for the Hospitality Industry

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