An Open Check Is One That Has Been Used to Authorize

question 6

Multiple Choice

An open check is one that has been used to authorize product issues from the kitchen or bar,

• A) but has not yet been filled.
• B) but has been walked by a guest.
• C) and its total due has been added to the operation's sales total.
• D) and its total due has not yet been added to the operation's sales total.

---

Definitions:

Mutually Beneficial Exchanges

Transactions that provide advantages or gains to all parties involved.

Comparative Advantage

The competence of a person, business, or nation to manufacture a product or provide a service with a lesser opportunity cost compared to rivals.

Middlemen

Intermediaries in the distribution process that facilitate trade between producers and consumers by buying and selling products, often adding value in the process.

Arranging Trades

The process of facilitating exchange of goods, services, or financial instruments between parties.