Rd exam domain 3 - Study guides, Class notes & Summaries

RD Exam Domain 3 & 4 (Inman) 100% Correct Answers | Verified | Latest 2024 Version

a narrow span of management should be employed with: - newly hired employees Using the factor method, determine the selling price using the data below. raw food cost $3.14; prepared food cost $5.21; labor cost $ $3.30; overhead cost $ 1.12; factor 3.37 - Selling price = markup factor x raw food cost SP = 3.37 x 3.14 SP = *$10.58 what is the best way to prevent contamination of food? - make employees wash hands frequently Using the following information, determine the selling price of t...

Jean Inman - RD exam Domain 3 Topic A: Functions of Management questions with correct answers Policies Correct Answer-General decision-making guides, boundaries within you must operate Procedures Correct Answer-detailed step by step chronological sequence of activities for daily operations, specific guide for employees Short range planning Correct Answer-time period of 1 year or less, the operating budget Long range planning Correct Answer-time period up to 5 years, focuses on goals & ...

Policies Correct Answer-General decision-making guides, boundaries within you must operate Procedures Correct Answer-detailed step by step chronological sequence of activities for daily operations, specific guide for employees Short range planning Correct Answer-time period of 1 year or less, the operating budget Long range planning Correct Answer-time period up to 5 years, focuses on goals & objectives strategic planning Correct Answer-A continuous and systematic process where peopl...

Jean Inman- RD exam Domain 3 Topic B Human Resources questions and answers.

Jean Inman- RD exam Domain 3 Topic A: Functions of Management Exam Questions and Answers

RD Exam Domain 3 & 4 Questions With Verified Answers A narrow span of management should be employed with: Answer newly hired employees Using the factor method, determine the selling price using the data below. Raw food cost $3.14; Prepared food cost $5.21; Labor cost $ $3.30; Overhead cost $ 1.12; Factor 3.37 Answer Selling price = markup factor x raw food cost SP = 3.37 x 3.14 SP = *$10.58 What is the best way to prevent contamination of food? Answer make employees ...

Jean Inman- RD exam Domain 3 Topic C: Financial Management questions with correct answers Operating budget Correct Answer-forecast of revenue, expenses and profit for a specific time period *first step- forecast sales or revenue, then budget expenses related to the projected level of revenue Cash Flow budget Correct Answer-projects revenues and expenses, showing inflow and output of cash overtime, purpose- to determine if funds will be available when needed Capital budget Correct Answer-...

Operating budget Correct Answer-forecast of revenue, expenses and profit for a specific time period *first step- forecast sales or revenue, then budget expenses related to the projected level of revenue Cash Flow budget Correct Answer-projects revenues and expenses, showing inflow and output of cash overtime, purpose- to determine if funds will be available when needed Capital budget Correct Answer-plant facilities, equipment, cost of improvements and repairs (expensive, long lasting-beyo...

RD Exam Jean Inman Study Guide Domain 3 UPDATED ACTUAL Exam Questions and CORRECT Answers what is the difference between policies & procedures? - CORRECT ANSWER- policies are the general decision making guidelines (the "why") procedures are a sequence of activites specific to daily operations (the "how") RE: emergency preparedness what is the table top drill? - CORRECT ANSWER- simulated emergency situation to test emergency plans