Managers are expected to scrutinize the monthly operational statements and elucidate both negative and positive budget variations starting from the previous year. Budget keeping enables an organization to control its financial position efficiently and improve the company manager's decision making. So, the above statement is true.
Dr. Ricci owns a hotel with 200 guestrooms. On Monday evening, Dr. Ricci's property had 150 out of its 200 rooms occupied. The General Manager (GM) calls Dr. Ricci on Tuesday morning and reports to him that the hotel's occupancy for Monday night was? Group of answer choices 25% 50% 75% It is not possible to calculate this result from the data provided