5.9. Review Questions
Interactive Questions
Short Questions
- Briefly explain the three main types of financial statements used in the food service industry.
- Describe two factors that can influence labor costs in a food service business.
- What are some strategies for effectively managing food costs in a restaurant?
- Explain the importance of the budgeting process in financial management for food service businesses.
- Why is ongoing financial management essential for long-term success in the food service industry?