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10 Cards in this Set
- Front
- Back
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a perpetual inventory system tells a manger? a.) the exact quantity of each product in storage b.)how much money is spent c.)the quantity of each product in storage d.)which products will likely need to be recorded with thin 30 days |
a.) exact quanity |
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which of the following techniques is effective in reducing purchasing costs? a.)change the purchase unit size to a smaller size b.)purchase directly from a distributor or grower c.)charge goods on credit to increase the suppliers cash flow d.)increase suppliers services |
b.) purchase from distributor |
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determining whether it is less expensive to prepare a product on site than to purchase it is ready-made is known as: a.) an ingredient b.)an internal-external comparison c.)a labor vs production decision d.)a make or buy analysis |
d.)a make or buy analysis |
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operations that use only a physical inventory system: a.)periodically count the items in storage to see what is on hand b.)can tell at any given moment exactly what quantities of items are on hand c.)are using the most accurate means available to keep track of inventory d.)have chosen a system that operates much like a check book record |
a.)periodically count the items in storage to see what is on hand |
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not using a name brand of liquor is called a ? |
substandard |
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regarding receiving alcoholic beverages which of the following points should be observed ? a.)all bottles should be opened and sampled b.)after receiving beverages should be moved immediately to secure storage areas c.)purchasing and receiving beverages should be done by the same person d.)cases should remain closed |
b.) after receiving beverages should be moved immediately to secure storage areas |
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inventory turnover rates are typically: a.) lower for beverages than foods b.)of little concern for computerized operations c.)the same for both beverages and foods d.) higher in chain operations than in independents |
a.) lower food and beverage costs |
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which of the following statements are true |
items in storage including alcoholic beverages can easily be tracked with the aid of high tech storage |
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the following are security methods for storing alcohol with the exception of: a.) limited access b.)lighting and monitoring c.)securing the beverage cage at the end of the night d.)effective inventory control procedures |
b.)lighting and monitoring |
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rejecting a product because it was not delivered on time permitted by a food service reciver |
false |
