Hospitality Accounting Question:

Download Job Interview Questions and Answers PDF

Does financial accounting necessary?

Hospitality Accounting Interview Question
Hospitality Accounting Interview Question

Answer:

Yes, the accounting calculates the cost of capital to the business. It compares the current, expected, and historic rates of return. Suppose a company is making 12% returns but borrowing money by using the owner's credit card at 22% be good to know that.

Download Hospitality Accounting Interview Questions And Answers PDF

Previous QuestionNext Question
Can you please explain the difference between cost accounting, management accounting and financial accounting?Define fair value accounting?