Question: Which statement is false about the income statement components in the hospitality and tourism industry? COGS may not truly reflect the direct costs associated with

Which statement is false about the income statement components in the hospitality and tourism industry?
COGS may not truly reflect the direct costs associated with service delivery due to the blended nature of services and products.
Operating expenses often represent a significant portion of the total expenses in the hospitality and tourism industry.
None of the statements are false.
Restaurants and hotel companies often have more varied revenue sources, including real estate, management fees, etc., beyond traditional sales.
Which statement is false about the income

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