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Oksana_A [137]
3 years ago
7

Most suppliers of travel products pay travel agencies____percent commission on any sales they make.

Business
1 answer:
scZoUnD [109]3 years ago
5 0

Most suppliers of travel products pay travel agencies 10 percent commission on any sales they make.

Explanation:

Suppliers take a percentage of the final booking, not include taxes and certain costs, in return for purchases. While there are variations in the payouts per manufacturer and sales volume of your business with that individual company, the industry standard begins at 10% and can go as far as 40% for some goods.

Travel agencies generally earn 10 percent of the gross reservation and then create a payment between you (travel agent) and the agency.

Let's say, For Example, you book for Christmas to Aspen a family of 5.

If it costs $8,500, your company will be divided up by a commission of $850 (assuming your firm receives a commission of 10%). You will earn a commission of $595 on the booking with a 70-30 split commission.

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Describe your knowledge of accounting principles, auditing techniques, standard tax law and general investigative methods.
LuckyWell [14K]

<u>Explanation: </u>

Accounting principles: It is the general instruction or guidelines and rules that a company has to follow for reporting the company's accounts and financial data. There a five accounting principles, in general, they are Revenue Recognition Principle, Historical Cost Principle,  Matching Principle, Full Disclosure Principle, Objectivity Principle.

auditing techniques: There are 5 steps in auditing techniques to walk through and test each in a controlled place of the service organization. The steps include observation, inquiry, examination or inspection of the evidence,computer-assisted audit technique (CAAT) re-performance.

 standard tax law: The law proposed by the government stating that the portion of income that is not subject to tax is used to reduce your tax bill. The deduction is based on age, filing status, and whether you are disabled or claimed as a dependent on someone else's tax return.

general investigative methods: General investigative methods involve physical evidence examining, gathering data or related information, collect the available evidence,  protection of evidence, interviewing the witness, and suspect interviewing and interrogation.

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3 years ago
Plz help...... What is a term deposite? ​
melomori [17]

Answer:

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4 0
3 years ago
After achieving a result, good managers invest time in reflecting on what went well and what could have gone better. They consid
BartSMP [9]

Answer: d. After each semester, you asked your adviser to review your progress to ensure you remained on track for your anticipated graduation date

Explanation:

Efficiency is measurable and has to do with the ability to achieve a goal or get a result that's desired and avoid wastage of efforts or resources.

With regards to the explanation above, the statement that relate specifically to your efficiency is asking the level adviser to review ones progress in order to show that one is on track.

This shows that the person wants to achieve the goal of graduation and is putting all of his efforts towards that.

3 0
3 years ago
Suppose that the nominal exchange rate between the US dollar and the Canadian dollar is 0.75 US dollars per Canadian dollar. If
Goryan [66]

Answer:

option (c) depreciate by exactly 10 percent

Explanation:

Data provided in the question:

Canadian dollar = 0.75 US dollars per Canadian dollar

Canada's rate of inflation = 0 percent

US rate of inflation = 10 percent

Now,

The percentage change in real exchange rate

= percentage change in nominal exchange rate - (Domestic inflation - Foreign inflation)

= 0 - (10 percent - 0 percent )

= - 10 percent

Here,

the negative sign depicts that the exchange rate will depreciate

Hence,

the answer is option (c) depreciate by exactly 10 percent

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4 years ago
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Drupady [299]

Answer:

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