Which of the Following Is Most Likely to Occur If

question 38

Multiple Choice

Which of the following is most likely to occur if a centralized ingredient room is used?

• A) When a recipe calls for 25 pounds of ground beef and the ground beef comes in 10-pound tubes, either 20 or 30 pounds of the ground beef will be used to prepare
• That recipe so that no ground beef is wasted.
• B) Food items will taste differently depending on which cook prepared them because the cooks will have access to spices, thus can season food items to their taste.
• C) Production costs can be reduced because less skilled employees will be used to do preparation activities.
• D) A significant portion of a cook's time will be spent collecting and weighing ingredients for a recipe.

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Definitions:

Effective Annual Cost

The total cost of borrowing on an annual basis, including interest and any fees, expressed as a percentage of the loan amount.

Trade Credit Terms

Trade credit terms are the conditions agreed upon between a buyer and seller regarding the payment for goods or services, including the repayment period and any discounts for early payment.

Discount

The reduction in the price of goods or services, usually offered to prompt sales or because the product is damaged, outdated, or in less demand.

Restricted Policy

A policy under which holdings of cash, securities, inventories, and receivables are minimized.