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  • Uniform System of Accounting

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    Prashant
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    A uniform system of accounting is used by multiple hotels that follow the same accounting principles and practices. This allows for easier transfer of employees between hotels, bulk purchasing of supplies to reduce costs, and sharing of resources through leasing or renting. However, differences in hotel size, management strategies, productivity levels, and costing methods can make a truly uniform system difficult to implement across all hotels.

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    account system

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    Uniform system of accounting

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    A uniform system of accounting is used by multiple hotels that follow the same accounting principles and practices. This allows for easier transfer of employees between hotels, bulk purchasing of supplies to reduce costs, and sharing of resources through leasing or renting. However, differences in hotel size, management strategies, productivity levels, and costing methods can make a truly uniform system difficult to implement across all hotels.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    9 views4 pages

    Uniform System of Accounting

    Uploaded by

    Prashant
    A uniform system of accounting is used by multiple hotels that follow the same accounting principles and practices. This allows for easier transfer of employees between hotels, bulk purchasing of supplies to reduce costs, and sharing of resources through leasing or renting. However, differences in hotel size, management strategies, productivity levels, and costing methods can make a truly uniform system difficult to implement across all hotels.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 4

    Uniform system of accounting

    SUBMITTED BY:-
    HIMANSHU SINGH
    Introduction

    Uniform system of account is used by several hotels


    of the same accounting principal and or practices.
    Advantages

    Transfer
    Compression
    Buying shares
    Lease/ Rent
    Disadvantages

    Difference in size of hotel.


    Difference in managerial planning & growth rate.
    Difference in level of productivity and efficiency.
    Difference in costing methods and principals.

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