**PLEASE ANSWER ALL QUESTIONS and explain Why Answer Chosen** THANK YOU VERY MUCH!!!!!!!!!

Question 1: Each of the following operations would likely use a non-revenue approach to sales forecasting EXCEPT...

	A.	a student housing facility located on the campus of a large university.
	B.	a food service operation located in a mall's food court.
	C.	a food operation located on a military base and serving those stationed at the base.
	D.	an extended care facility housing elderly residents.

Question 2: Intentionally underestimating revenue when preparing a budget is known as...

	A.	forecasting.
	B.	low-balling.
	C.	predicting.
	D.	projecting.

Question 3: Which formula is used to calculate a restaurant's check average?

	A.	Total sales + Number of guests served
	B.	Total sales / Number of guests served
	C.	Total sales - Number of guests served
	D.	Total sales x Number of guests served

Question 4: What is the name for a directional move of data over an identified time period?

	A.	Flow
	B.	Decrease
	C.	Increase
	D.	Trend

Question 5: In the hotel industry, which type of forecast may often exceed 100%?

	A.	Revenue forecast
	B.	Occupancy forecast
	C.	Variable expense forecast
	D.	Demand forecast

Question 6: Which operation would be most likely to experience a seasonal sales trend?

	A.	Suburban business hotel
	B.	Select-service highway hotel
	C.	Downtown business hotel
	D.	Ski resort

Question 7: Which is the foundation of an accurate hotel sales forecast?

	A.	Sales history
	B.	Current guest arrival list
	C.	Budget
	D.	Number of rooms currently "on the books"

Question 8: A hotel has 400 available rooms. On Monday night the hotel's revenue manager forecasts 80 stayovers, 175 arrivals, 10 no-shows, 25 walk-ins, and 10 early departures. What will be this revenue manager's forecasted occupancy percentage for Monday night?

	A.	70%
	B.	75%
	C.	60%
	D.	65%