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VashaNatasha [74]
2 years ago
9

Each of the following is a characteristic of the Hospitality Industry EXCEPT:

Social Studies
1 answer:
Marianna [84]2 years ago
7 0

Answer: no such thing as business hours

Explanation:

The hospitality industry never sleeps.The nature of the hospitality industry is 24-hours-a-day, seven-day-a-week. This includes employees' availability and operations, from lodging to transportation to entertainment.

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Which of the following is an example of the idea of "separation of powers" in the American constitutional system?
gladu [14]

Answer:

B

Explanation:

Hope this helped

3 0
3 years ago
While the Constitution grants Congress the power to tax income, it does not define the term. b. The Supreme Court has held that
77julia77 [94]

Full question:

Indicate whether the following statements are "True" or "False" regarding the concept of gross income.

a. While the Constitution grants Congress the power to tax income, it does not define the term.

b. The Supreme Court has held that there is no income subject to tax until the taxpayer has recovered the capital invested.

c. Economists measure income (economic income) by first determining the fair market value of the individual's net assets (assets minus liabilities) at the beginning and end of the year (change in net worth).

d. Accounting and tax rules regarding income are the same.

e. The accounting concept of income is founded on the realization principle.

f. Gross income is not limited to cash received.

Answers:

a. True

b. True

c. True

d. False

e. True

f. True

Explanation:

1.The constitution of the United States allows for power to tax income however it doesn't define tax.

2.income is not subject to tax until there is profit from capital invested as ruled by the Supreme Court of the United States

3. Measurement of income in Economics involves applying the concept of fair value to measure income at the beginning and end if the year and notice any changes that may have occurred

4. Accounting and tax rules regarding income are not the same. Accounting however complies with tax rules for accounting purposes.

5.the realization principle involves income earned or losses incurred(not necessarily received in cash or given out)

6.Gross income encompasses all(recognizable) earned income for the period(cash or not)

4 0
2 years ago
Roger always purchased insurance for the 10 years he owned an expensive speedboat. since he never had an accident the premiums h
Vinil7 [7]
Since he never had an accident during the period, the premiums he paid were Expired

When you buy a premium from an insurance company, they will give you some sets of clauses which gives the condition within a specified period of time for the insurance to be paid.

If the none of the clauses were met during the period, your premium will expire , unless you renew it with your insurance company
6 0
3 years ago
What made Spain richer and stronger throughout the 1500s? A)    discovery of an all water route to Asia B)    the fur trade in N
Mademuasel [1]
The answer is C. the gold resources there acquired from ...
8 0
3 years ago
Auditors are especially concerned with three aspects of internal control for the sales and collection cycle. Which of the follow
inessss [21]

Answer:

The correct answer to the following question is option C) control over sales discount .

Explanation:

Sales and Collection cycle is also know as RRR cycle ( which is Revenue, Receivables and Receipts cycle ), which includes many classes of transaction, but the primary ones are sales and cash receipts . This cycle refers to the process which begins with customer buying product or service and ends when business receives payment.

When auditors test the internal control for this cycle they're concerned with controls over cutoff, controls related to allowance for uncollectible accounts and controls that prevent embezzlements .

3 0
3 years ago
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