Question: 7. Document the reporting that is completed for the following cycles/periods and write down a procedure for each that is relevant to a hospitality business.

7. Document the reporting that is completed for the following cycles/periods and write down a procedure for each that is relevant to a hospitality business. Cycle What reporting should happen A relevant procedure Monthly Quarterly Annually 8. For two different accounting software programs of your choice, write down at least one function and one feature of each and how these can help in monitoring budgets. 9. What information does an annual financial report contain and how should it be presented? 10. Discuss how a business will show the findings of the projected budget versus the actual budget and how this might be presented

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