Carla, a Restaurateur Who Is New to the Field, Meets

question 12

Multiple Choice

Carla, a restaurateur who is new to the field, meets a veteran chef and restaurateur, Giovanni. Carla wishes to analyze the purchasing pattern of her customer base. Which of the following is most likely to be a piece of sound advice that Giovanni would offer to Carla?

• A) Carla should use her restaurant's distributed systems to know more about her customers' purchasing patterns.
• B) Carla should avoid using the restaurant's integrated system to analyze her customers' purchasing patterns.
• C) Carla should support strategic and less structured managerial decisions to ensure that standardization occurs.
• D) Carla should support less specific and fluid managerial decisions to ensure that standardization occurs.

---

Definitions:

Partial Billings

Invoicing method where a customer is billed incrementally for partially completed work, often used in long-term projects.

Completed-Contract Method

An accounting technique where revenue and expenses of a long-term contract are recorded only when the project is completed.

Construction In Progress

An accounting term for the financial balance of construction costs attributed to assets under construction that have not yet been completed.

Realization

The process of converting non-cash assets into cash or recognizing revenue when goods or services are delivered, generating measurable income.