Summer2022

A foodservice operator is working on budget projections for the next fiscal year. Sales are $500,000. Food costs are 27% of sales and are anticipated to increase by 2%. Labor costs are 43% of sales and are anticipated to increase by 3%. What is the anticipated increase in labor and food costs for next fiscal year? 9150 What is the total food cost? (COGS) beginning inventory - next month inventory + food purchase cost When assessing a patient's food intake during a stay in an acute care hosp...

The maintain function on the menu bar is used for: - Answer-Entering Information The task function on the menu bar is used for: - Answer-Entering Transactions All ID codes in Sage are: - Answer-Case sensitive The reasons that you back up your data in Sage 50 is all but which of the following? - Answer-To save your transactions as you enter them Why do you restore your data? - Answer-If you had a natural disaster, if your computer crashed, or if you worked off site. Which of the fo...

The simplest possible kind of true experiment is ___ -a one-group design -a two-groups design -a one-way design -a 2 x 2 factorial design - answer-a two-groups design The major limitation of one-way experimental designs is that they only allow researchers to look at one ______ at a time. -independent variable -dependent variable -control group -treatment condition - answer-independent variable How many cells (i.e., how many unique experimental conditions) are there in a 2 x 2 x...

When first opening the Sage 50 program you will be asked to choose A) to open the sample company B) to create a new company C) to select an existing company D) any one of the above - Answer-D) any one of the above Before using the CD data files that come with the text you should A) make a working "backup" copy of the files B) open the disk to access the files C) click OK to display the home window D) store the original disk in a safe place - Answer-A) make a working "backup" c...

What are the types of items that available in Sage 50 - Answer-Inventory and Service Items What is the benefit of entering services in the Inventory & Services ledger - Answer-It saves time, also provides detailed reports What is the required field when setting up service items - Answer-Item Number Default price list - Answer-Regular, Preferred, Web Price Items in Sage 50 saves time during data entry - Answer-True Inventory & Service reports can be filtered to display services onl...

A food service director evaluates monthly financial reports and has determined food costs increased by 8%. The best way to determine the cause of the food cost increase is to: A. Compare the prices charged by the purveyor to bid specifications B. Review charge receipts and cash receipts C. Evaluate inventory and food purchases D. Have a second person take physical inventory and review prices on individual items. - Answer-C. Evaluate inventory and food purchases In a large foodservice op...

Which statement is accurate about the item column in the Time slip Journal - Answer-The item column displays service activity items When using an Internal Service Activity on a time slip, the billing status is - Answer-Non billable T/F Prior to using Time & Billing, you should set up service activity items, employees, and customers, and time slips - Answer-T T/F Sage 50 cannot create sales invoices or pay employees based on the number of hours spent on an activity - Answer-F T/F The ...

When first opening the Sage 50 program you will be asked to choose - Answer-select an existing company, create a new company, restore from backup The Sage 50 home window does not display - Answer-icons for individual accounts Which one of the following comments is not true of the Sage 50 program - Answer-the help menu may be removed or hidden When you restore a file from a backup, you must - Answer-press back to change any of your selections Home window tool icons in Sage 50 - Answer...

Brown V. Board of Education of Topeka, Kansas was immediately successful in desegregating public education - Answer-Which of the following is NOT true about Supreme Court cases that extended the rights of African americans during the 1940s and 1950s African Americans gained no benefits from the G.I. Bill - Answer-Which of the following is NOT true about the Servicemen's Readjustment Act of 1944 (G.I. Bill) The number of women working outside of the home sharply decline after World War II ...

Which of the following statements would be least likely to be included in an audit engagement letter? - Answer-We will not disclose any advice provided under the terms of this engagement letter to third parties unless instructed to do so. When using a specialist to obtain evidence in an audit, the auditor will consider the specialist's competence and objectivity. Which of the following would the auditor do when evaluating the specialist's objectivity? - Answer-Make inquiries regarding the s...