An Example of Food in the Food Processing Continuum That

question 24

Multiple Choice

An example of food in the food processing continuum that enters a foodservice operation with little or no processing would be buying:

• A)a frozen apple pie that requires thawing before service.
• B)a frozen apple pie that requires baking in the operation before service.
• C)an apple pie that is ready to serve.
• D)fresh apples,sugar,flour,and shortening to make apple pie.

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Definitions:

Adjusted Basis

The net cost of an asset after adjusting for various tax-related items including improvements, sales, depreciation, and damage.

Assumes Liability

The act of taking on legal responsibility or debt from another party, often occurring in business acquisitions or financial agreements.

Amount Realized

The total sum received from a transaction, including money and the fair market value of any property or services received, before subtracting any costs.

Holding Period

The duration of time an investor holds onto an asset or investment before selling it.