Reference no: EM132259970
1. In the food service industry, the term “price spread” refers to the
A. The average amount spent by guests in an operation.
B. difference between a manu's highest and lowest price item.
C. average selling price of all similar items offered on a menu.
D. difference between a menu item's food cost and its contribution margin.
2. Which workers are generally exempt from the overtime pay provisions of the Fair Labor Standards Act (FLSA)?
A. Tipped employees
B. Salaried employees
C. Unionized employees
D. Hourly paid employees
3. Although sometimes credited with it, Ford did not invent the moving assembly line. He got this idea from the _____.
a. Singer Sewing Machine Company
b. Western Wheel Bicycle Company
c. Chicago slaughterhouses
d. Oldsmobile Motor Works
4. Which step should managers complete first when developing a task training program ?
A. Plan the training session
B. Present the training session
C. Determine how the task is to be done
D. Evaluate the effectiveness of the training
5. Achievement budgets are typically prepared for a period of two to five years into the future and provide a long-term view about the direction of a business
True
False
6. When should managers pay invoices submitted by their vendors ?
A. When purchase orders are issued
B. When the invoices are submitted by vendors
C. When products are accepted by receiving staff
D. When the invoices are verified as legitimate