Question

Which of the following best summarizes the role of bookkeeping in a hospitality operation?

1) gathering and recording data
2) containing costs
3) providing information
4) generating revenue

Answer 1

Bookkeeping in a hospitality operation involves gathering and recording data, containing costs, and providing information.

Step-by-step explanation:

The role of bookkeeping in a hospitality operation can be summarized as gathering and recording data, containing costs, and providing information. Bookkeeping involves keeping track of financial transactions, such as sales, purchases, and expenses, in a systematic manner. By accurately recording these transactions, bookkeeping helps in analyzing costs, monitoring revenue, and providing essential financial information for decision-making.