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HSA 546 Certification Exam Questions and CORRECT Answers
- Exam (elaborations) • 6 pages • 2024
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The hospitality industry is shaped by 
a) sudden event such as the September 11th attacks. 
b) some gradual changes such as demographic changes. 
c) social and economic factors. 
d) all of the aboved 
Baby boomers were born between__________and__________after world war 
_____________.1946, 1964, 2 
After the year 2010 demand for services for 
____________will______________.Retirees, increase 
The percentage of the women in the workforce is ________________ 
overall.increasing
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HSA 546 UPDATED Exam Questions and CORRECT Answers
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The reason the hotel business is cyclical in nature is:because of the difference between 
the lifetime of a hotel and the cycle of hotel building, meaning that frantic building is 
followed by periods of excess capacity 
The three factors or dimensions in making a decision to invest in a hotel are:availability 
of financing, real estate values, and hotel operations. 
Name the two kinds of management companies1) Chain management companies 
2) Independent management companies 
From the real es...
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Physician's Practice Management Final Exam Part 1: Chapters 9 - 14 100%
- Exam (elaborations) • 13 pages • 2022
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•	Question 4 
 
operatin g budget 
 
 
 
 
 
4 out of 4 points 
 
 
Which of the following statements is true regarding budgeting? 
Selected	 
Answer:	The budget involves processes that are determined solely by the organization. 
Correct	 
Answer:	The budget involves processes that are determined solely by the organization. 
 
•	Question 5 
 
4 out of 4 points 
 
 
The	shows the results of operations (income, expenses, and net profit or loss) for a period of time. 
Selected	 Answer:...
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