What Is an Example of a Mixed Other Expense in a Foodservice

question 13

Multiple Choice

What is an example of a mixed other expense in a foodservice operation?

• A) Payroll taxes
• B) Insurance policy premiums
• C) Expense of heating and cooling dining rooms
• D) Contributions to employee 401(k) plans.

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Definitions:

Assets

Economic resources owned or controlled by a business, expected to bring future benefits.

Assets

Resources owned by a company or individual, including cash, inventory, properties, and equipment, that are expected to provide future economic benefits.

Liabilities

Financial obligations a company owes to outside parties, such as loans, accounts payable, and mortgages.

Assets

Company-owned valuables that offer economic benefits and are expected to provide future profit.