Question 1 1 pts The statistic reveals how much, on average, a guest is spending. O Seat turn over rate O Average Food Check O Beverage sales by meal period O Non of the above Question 2 1 pts Prime cost is calculated by: O adding interest expense, other (income) expense, and direct operating expense. O subtracting total controllable expenses from total sales. O adding the total cost of sales to the total labor cost. O subtracting net income from occupancy costs Question 3 1 pts Expenses that are necessary to operate the business but are not directly associated with serving guests (for example, insurance and telephone expenses) are called expenses. O direct operating O general and administrative O marketing O depreciation Question 4 1 pts The ratios used most often by a food and beverage manager are the: O sales mix percentage and the beverage/food sales ratic. O food sales by meal period percentage and the beverage sales by meal period percentage. O food cost percentage and the beverage cost O food sales by dining facility percentage and the beverage sales by type of drink percentage. Question 5 1 pts Cost of food sold divided by food sales gives you the percentage. O sales mix O meal period O average food check O food cost Question 6 1 pts How is the sales mix percentage for a particular sales item calculated? O the item's sales dollars divided by the total sales dollars O the item's sales dollars divided by the number of guests served O the total sales dollars divided by the item's sales dollars the number of guests served divided by the item's sales dollars DI Question 7 1 pts To which account are restaurant service charges recorded? O Sales O Cost of Sales O Other Income O Salary and Wages DI Question 8 1 pts Income statements for a full-service restaurant and a fast-food restaurant are similar, with the exception that: O full-service restaurants may have a beverage entry under Sales and fast-food restaurants usually do not. O fast-food restaurants have a separate entry for paper goods under Cost of Sales and full service restaurants do not. O full-service restaurants may have a beverage entry under Cost of Sales and fast-food restaurants usually do not. O all of the above. Question 9 1 pts The major components of an income statement common to any restaurant are gross profit, operating expenses, income before fixed charges, and net income. O True O False Question 10 1 pts Sales of soft drinks are included in food sales if there is no service of liquor, beer, and wine. O True False