Hotel companies use credit cards to track and evaluate the quality of their guests' visits.
Correct Answer:
Verified
Q12: Accounts receivable are customers who have not
Q13: Accounts payable are debts the hotel owes
Q14: Tracking city-ledger receivables is one duty of
Q15: Ledger, as in "city-ledger,"refers to the large
Q16: Credit-card companies, which owe the hotel for
Q18: Visa and MasterCard are close allies in
Q19: "Float"is the delay between purchases made on
Q20: T&E card companies, of which Visa is
Q21: Affinity cards disappeared along with the private-label
Q22: Hotel chains often co-brand with a credit
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