CDM EXAM 5 QUESTIONS AND
CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) | GRADED A+ |
NEW UPDATE 2025
What is an Operating Budget? - ANSWER All things you need to operate on a
daily basis.
- food/beverage costs, other supplies, and labor costs
What is a included in the "other supplies" of the operating budget? - ANSWER
chemicals to clean, paper products, dishes/silverware, and office supplies
What is a capital budget? - ANSWER budget for large equipment and any
renovations that need to be done. BIG purchases
What is the Inventory method of calculating food costs? - ANSWER take the
beginning inventory (the previous months'), add the purchases for the month, and
subtract the ending inventory
What is the Requisition method of calculating food costs?
When is the only time this method can be used? - ANSWER add the costs of
each requisition for the department. Only works if storeroom uses requisitions for
every item used.
, What is the recipe method of calculating food costs? - ANSWER Add the costs
of the ingredients for a recipe and divide by the number of servings to get the cost
per serving,
What is the Record of purchases method of food costs?
What does it not take into account? - ANSWER Add up the totals of the
month's invoices.
DOESN'T take into account what was already in inventory
What is included when calculating the meal equivalent (# of meals per day)? -
ANSWER Meals served in cafeteria, any catering that was done, meals sold to
employees, any boxed meals prepared ahead of time, tube feedings, snacks, and
supplements
What will calculating the minutes per meal help you determine for your
department? - ANSWER This will help determine the number how many FTEs
you need in the department
How to calculate the meals per labor hour? - ANSWER Total meals served per
day divided by Labor hours worked in that day
What are five expenses to monitor regularly? - ANSWER - Employee's hours
- Previous invoices
- Maintenance
- Repairs
- Replacements
CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) | GRADED A+ |
NEW UPDATE 2025
What is an Operating Budget? - ANSWER All things you need to operate on a
daily basis.
- food/beverage costs, other supplies, and labor costs
What is a included in the "other supplies" of the operating budget? - ANSWER
chemicals to clean, paper products, dishes/silverware, and office supplies
What is a capital budget? - ANSWER budget for large equipment and any
renovations that need to be done. BIG purchases
What is the Inventory method of calculating food costs? - ANSWER take the
beginning inventory (the previous months'), add the purchases for the month, and
subtract the ending inventory
What is the Requisition method of calculating food costs?
When is the only time this method can be used? - ANSWER add the costs of
each requisition for the department. Only works if storeroom uses requisitions for
every item used.
, What is the recipe method of calculating food costs? - ANSWER Add the costs
of the ingredients for a recipe and divide by the number of servings to get the cost
per serving,
What is the Record of purchases method of food costs?
What does it not take into account? - ANSWER Add up the totals of the
month's invoices.
DOESN'T take into account what was already in inventory
What is included when calculating the meal equivalent (# of meals per day)? -
ANSWER Meals served in cafeteria, any catering that was done, meals sold to
employees, any boxed meals prepared ahead of time, tube feedings, snacks, and
supplements
What will calculating the minutes per meal help you determine for your
department? - ANSWER This will help determine the number how many FTEs
you need in the department
How to calculate the meals per labor hour? - ANSWER Total meals served per
day divided by Labor hours worked in that day
What are five expenses to monitor regularly? - ANSWER - Employee's hours
- Previous invoices
- Maintenance
- Repairs
- Replacements
