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Ritz-Carlton is a management company for the underlying hotel owners. If the Ritz-Carlton Laguan Niguel had an unfavorable variance from budget greater than 5% allowed and greater than the othe rhotels, then the most probably cause for the shortfall woudl be:

a) Capacity

b) Past Sales Volume

c) General Economic trends

d) Quality of sales tream/reservations personnel

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9402583

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