Purchasing

If a restaurant’s daily food cost is $550 and total sales are $1,475, what is its daily food cost percentage?

• 57%
• 27%
• 47%
• 37%

The three main layers in the channel of distribution are primary sources, intermediary sources, and

• wholesalers.
• vendors.
• distillers.
• retailers.

Which type of inventory system records items when they are received and then when they are used up?

• Invoice
• Perpetual
• Production
• Periodic

A legally binding written document that details exactly what the buyer is ordering from the vendor is called a(n)

• purchase order.
• receiving sheet.
• invoice
• requisiton form.

At what temperature should live shellfish be stored?

• 32°F (0°C)
• 45°F (7°C)
• 55°F(13°C)
• 41°F (5°C)

A buyer must place an order for ketchup. Par stock is 12 cases, 5 cases are in stock, and 2 cases will be used before delivery. How many cases should the buyer order?

• 9
• 6
• 7
• 8

An economic good that is a product of agriculture or mining is an example of a

• staple
• par stock
• kickback
• commodity

A record of all goods that a restaurant or foodservice operation has on hand both in storage and in the kitchen is called a(n)

• invoice
• purchase order
• production record
• inventory

A legal, binding business arrangement for the supply of goods or services at a fixed price is called a

• bid
• formal quote
• request for proposal
• contract

When employees illegally take inventory items for their personal use it is called

• shrinkage
• pilfering
• issuing
• losing