Pearson New International Edition International pcl tp indd 1

Travel and tourism industry
All businesses that cater to the needs of the traveling public.
Travel wholesaler
Entity that purchases blocks of hotel rooms and, in turn, sells them to
travel agents.
Trend line
Documentation (usually displayed on a graph or chart) of changes in data values.
Trend lines may show increases, decreases, or no change in comparative data values.
Trespass
Unlawful entry into or possession of another party’s property.
Trial balance
First effort to determine whether a set of debits was posted with a corre-
sponding and equal set of credit postings.
Turnover rate
Measure of the proportion of a workforce that is replaced during a designated
time period (e.g., month, quarter, or year). Number of employees separated 
number of
employees in the workforce 
employee turnover rate.