Hotels have been known to be flexible about payments, depending on what they know about the client. Which of the following statements about the usual payment schedule for conventions is true?

What will be an ideal response?

Answer: Hotels usually expect a payment when the contract for a meeting is signed, a payment before the meeting, one during the meeting, and one or two after the meeting.

Business

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Which situation below might indicate a company has a low quality of earnings?

A. The same accounting principles are used each year. B. Revenue is recognized when earned. C. Maintenance costs are capitalized and then depreciated. D. The company's P-E ratio is high relative to competitors.

Business

One means to reduce uncertainty in business communication is to increase the number of competing messages in the environment

Indicate whether the statement is true or false

Business