Question

Which of the following statements about the role of the accounting department of a hotel is TRUE?

1) Hospitality accountants compile reports for service centers such as marketing as well as for revenue centers such as the front desk.
2) The size of an accounting staff depends on the business' size and diversity of operations.
3) It is common for headquarters of large hospitality chains to have less than 10 accounting staff members, because so much work is done with computers.
4) Both A and B are true.

Answer 1

The true statements about the role of the accounting department of a hotel are that hospitality accountants compile various reports and the size of the accounting staff depends on the hotel's operations. A large hospitality chain may have more than 10 accountants despite the use of computers.

Step-by-step explanation:

The role of the accounting department in a hotel encompasses various tasks, including the compilation of financial reports for different departments and managing the financial aspects of the hotel's operations. Considering the statements provided:

1. Hospitality accountants compile reports for service centers such as marketing as well as for revenue centers such as the front desk.
2. The size of an accounting staff depends on the business' size and diversity of operations.
3. It is common for headquarters of large hospitality chains to have less than 10 accounting staff members, because so much work is done with computers.

Statement 4 suggests that both A and B are true, which is indeed the case. While statement 1 accurately describes the reporting function of hospitality accountants, statement 2 correctly notes that the accounting staff size will vary with the scale and complexity of the hotel's operations. Statement 3, however, is not necessarily true and can vary greatly depending on the organization.