Managing Revenue and Expense
12th Grade
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Managing Revenue and Expense
Quiz
•
Hospitality and Catering
•
12th Grade
•
Practice Problem
•
Hard
Rona Saturnino
FREE Resource
Enhance your content in a minute
10 questions
Show all answers
1.
OPEN ENDED QUESTION
20 sec • 1 pt
Are revenue and sales the same?
Evaluate responses using AI:
OFF
2.
OPEN ENDED QUESTION
3 mins • 1 pt
Are expenses and costs the same?
Evaluate responses using AI:
OFF
3.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the reward for service according to management?
Evaluate responses using AI:
OFF
4.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the formula to calculate profit?
Evaluate responses using AI:
OFF
5.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the desired profit defined as?
Evaluate responses using AI:
OFF
6.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the four major foodservice expense categories?
Evaluate responses using AI:
OFF
7.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the importance of a profit and loss statement (P&L)?
Evaluate responses using AI:
OFF
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