Shared Flashcard Set

Details

test 6
na
25
Other
Not Applicable
11/23/2014

Additional Other Flashcards

 


 

Cards

Term
what is a bill of landing?
Definition
it represents title to the products purchased
Term
which method of ordering has become more common in the past for or five years?
Definition
using a computerized ordering system
Term
most operations conduct a physical inventory once every
Definition
month
Term
the control of all merchandise used in the hospitality operation begins
Definition
when the merchandise is ordered
Term
under the open storeroom system, the hospitality operator has no control over the merchandise
Definition
false
Term
in-process inventories include stock held in storeroom areas.
Definition
false
Term
forms completed by department heads that ask the buyer to purchase something that is not normally kept in the regular inventory, are referred to as
Definition
purchase requisitions
Term
a perpetual inventory system requires storeroom employees to
Definition
record all delivery issues
Term
expediting is most often used in the hospitality industry when purchasing FFE items.
Definition
true
Term
the term "stock rotation" refers to:
Definition
using older inventory items before newer ones
Term
A shrink allowance is the amount a buyer will allow the chef to trim a product in order to prepare a standard-size serving.
Definition
false
Term
a receiving clerk who accepts a shipment of 20 lbs. were originally ordered is granting the supplier:
Definition
shrink allowance
Term
a slacked-out meat, seafood, or poultry product is unacceptable primarily because it comes in very expensive packaging.
Definition
false
Term
a disadvantage of a drop shipment is
Definition
the driver is not responsible for any disagreements between the supplier and the buyer
Term
in a hospitality operation that prepares several copies of a purchase order, which one of the following persons would probably not get a copy?
Definition
cashier
Term
the net weight of a packaged item is equal to the gross weight less tare weight.
Definition
true
Term
A stock requisition is another term for purchase requisition
Definition
false
Term
in some large hospitality operations, additional control is exerted in the recovering function by placing receiving personnel under the direction and supervision of the
Definition
accounting department
Term
meat tags and receiving sheets are used by hospitality operations that desire very close control over their inventory.
Definition
true
Term
the most commonly used receiving procedure is sometimes referred to as
Definition
invoice receiving
Term
a restaurant purchases salt, sugar, flour, pepper, and baking powder together on one purchase order and receives a discount. This practice can be referred to as
Definition
blanket order
Term
a buyer must place an order fro mayo. to be delivered in 5 days. Par stock is 8 cases. 2 cases are on-hand, and one case will be used during the lead time. how many case should the buyer order?
Definition
7
Term
during the invoice receiving process, the receiving agent uses the invoice primarily to verify
Definition
quantity, quality, and AP prices
Term
how many purchase order copies does a buyer usually prepare?
Definition
3
Term
when a shipment is delivered by mail, air freight, or UPS, wht invoices that come with them are usually referred to as:
Definition
package slips
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