The Dollar Differential Between the Cost and Sales Price of a Menu

question 6

Multiple Choice

The dollar differential between the cost and sales price of a menu item is called

• A)labor cost
• B)food cost
• C)profit margin
• D)contribution margin

Comprehend the coding rules for conditions with underlying causes, such as hypertension.

Recognize the importance of classifying neoplasms accurately in ICD-10.

Understand the aims behind implementing ICD-10, such as increased specificity.

Comprehend the role of ICD codes in classifying patient morbidity and mortality statistics.

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Definitions:

Production Possibilities Frontier

A curve depicting the maximum attainable combinations of two products that can be produced with available resources and technology.

Economy Operated

The manner in which a nation's economy functions, encompassing aspects such as production, distribution, and consumption of goods and services.

Transcontinental Railroads

Railroad lines that cross a continent, facilitating long-distance travel and transportation of goods across vast distances.

Civil War

A war between groups within the same country or state, often rooted in political, ethnic, or social differences.