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1. Which trade association published the Uniform System of Accounts for Restaurants? a. American Accounting Association b. American Institute of Certified Public Accountants C. National

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1. Which trade association published the Uniform System of Accounts for Restaurants? a. American Accounting Association b. American Institute of Certified Public Accountants C. National Restaurant Association d. American Food Service Alliance 2. Which of the following provides a common accounting language for comparisons among properties? a. a balance sheet b. an income statement c. a uniform system of accounts d. an operations budget 3. Annual operations budgets are commonly divided into plans. a. daily b. weekly C. monthly d. quarterly 4. Which of the following expenses are charged to the food and beverage department? a. income taxes . employee meals C. complimentary meals provided to media representatives d. kitchen personnel payroll 5. Which of the following would appear on a balance sheet? a. solvency ratios b. employee salaries c. equity d. transfers:5. To be useful as indicators or measurements. ratios: should be computed every week. must be compared against some standard. should be computed by the accounting department. with the results distributed to employees as well as managers. should not rely on figures from the income statement. pop-e Ratios are most useful or meaningful when compared against: industry averages. ratios from a past period. projected ratios from a future period. planned ratio goals. eraser-4 What are accounts payable? obligations owed to the property from sales made on credit liabilities incurred for food. supplies. equipment. or other goods and services purchased on account the listing of financial statement accounts and account numbers a front-oi-the-house accounting task spree Which of the following would be a typical operation of accounts payable software? producing paychecks listing fina ncial statement accounts facilitating the reconciliation of cleared checks monitoring collection activities eases 10. Posting supplier invoices and producing checks for payment would be part of which accounting software program? a. accounts receivable b. accounts payable c. payroll accounting cl. financial reporting

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