AHLEI Chapter 1 Questions and Answers Account Receivable System Ans- A system to account for revenue that is due (has been earned) but not yet collected Accural Accounting System Ans- An accounting system that matches revenue generated with the expenses incurred to generate the revenue Commercial Food Service Operatio n Ans- Food service operation found in lodging properties, clubs, restaurants, and other businesses; these operations exist to make a profit from food and beverage products. Contract Management Company (food services) Ans- A for -profit company tha t operates food services for a noncommercial organization such as school or hospital Controlling Ans- The management task of comparing actual results with expected results, as in measuring actual revenues against budgeted revenues. Controlling also refers to safeguarding the operation's property. Coordinating Ans- the management task of assigning work and organizing people and resources to achieve the operation's goals and objectives Directing Ans- The management task of supervising, scheduli ng, and disciplining employees. Supervising includes such things as training and motivating employees.
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AHLEI Chapter 1 Questions and Answers
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Account Receivable System Ans- A system to account for revenue that is due (has been earned) but not yet collected Accural Accounting System Ans- An accounting system that matches revenue generated with the expenses incurred to generate the revenue Commercial Food Service Operation Ans- Food service operation found in lodging properties, clubs, restaurants, and other businesses; these operations exist to make a profit from food and beverage products. Contract Management Company (food services) Ans- A for-profit company that operates food services for a noncommercial organization such as school or hospital Controlling Ans- The management task of comparing actual results with expected results, as in measuring actual revenues against budgeted revenues. Controlling also refers to safeguarding the operation's property. Coordinating Ans- the management task of assigning work and organizing people and resources to achieve the operation's goals and objectives Directing Ans- The management task of supervising, scheduling, and disciplining employees. Supervising includes such things as training and motivating employees. E-commerc
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AHLEI Exam Questions and Answers
