Which financial tool would help a GM determine the best time to temporarily close a large number of guest rooms for renovation?

Question

Quizplus · Accepted Answer

A revenue forecast would help the GM determine the best time to temporarily close a large number of guest rooms for renovation by estimating the potential impact on revenue and identifying a time period with the least occupancy and revenue loss. Audits analyze financial records, budgets provide a plan for future financial activities, and statement of cash flows show the inflows and outflows of cash over a period.

Which Financial Tool Would Help a GM Determine the Best