Question: 2. Use the room re venue work paper template provided in Appendix A along with the external hotel and industry information obtained by the staff

2. Use the room re venue work paper template provided in

2. Use the room re venue work paper template provided in Appendix A along with the external hotel and industry information obtained by the staff person to develop an expectation for Majestic's 2011 sleeping room revenues. a. Are Majestic's reported sleeping room revenues within your "reasonableness range?" b. If reported sleeping room revenues were inside your "reasonableness range" would your analytical procedure provide sufficient evidence for you to conclude Majestic's 2011 sleeping room revenues are fairly reported? If reported sleeping room revenues were outside your "reasonableness range," what could explain the difference

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