That which is paid or received for services
Match the following chapter terms with their definition.
a. withholding tax e. net pay
b. FICA f. commission
c. wages g. financial statements
d. deduction h. gross margin
That which is spent
Match the following chapter terms with their definition.
a. break-even analysis e. certificate
b. sales revenue f. budget
c. variable cost g. expenditures
d. cost of goods sold h. state taxes
A form given to the depositor by the financial institution so the depositor can record
deposits and checks and know the balance of money on hand
Match the following chapter terms with their definition.
a. guest check g. expenditure
b. cover charge h. receipt
c. minimum charge i. deposit slip
d. sales tax j. interest
e. gratuity k. check
f. cashier’s daily report l. check register
Sales less the cost of food; the margin before other deductions are taken
Match the following chapter terms with their definition.
a. withholding tax e. net pay
b. FICA f. commission
c. wages g. financial statements
d. deduction h. gross margin
_____ are the amount of money you earn before any deductions (the amount taken
away) are made.
a. Net wages
b. Gross wages
c. Social Security taxes
d. Employee’s withholding taxes
Amount of the product’s weight lost through cooking
Match the following chapter terms with their definition.
a. food costs g. gross wages
b. labor costs h. payroll
c. costed out i. wages
d. shrinkage j. salary
e. unit cost k. overtime
f. yield l. hourly rate
_____ are defined as the total moneys needed to pay all the required employees to
create, make, and serve food to the guests.
a. Direct purchases
b. Labor costs
c. Food costs
d. Total sales
A(n) _____ is a fraction whose numerator is smaller than its denominator.
a. improper fraction
b. unlike fraction
c. proper fraction
d. mixed number
Solve the following problems using the proportions given.
Using a ratio of 4 to 1 water to barley, how many cups of water should be used to cook
8 3/4 cups of barley?
_______________ cups
The letters FICA stand for the _____, which became law in 193
a. Federal Insurance Contributions Act
b. Federal Indemnity Contributions Act
c. Federal Insurance Charity Act
d. Fixed Insurance Contributions Act
In large groups of numbers made up of four or more digits, the digits are placed into
groups of three
Match the following chapter terms with their definition.
a. whole numbers e. period
b. unit f. cent
c. numerals g. mill
d. digits
The number less than the divisor that remains after the division process is completed
Match the following chapter terms to their definition.
a. multiplication f. division
b. multiplicand g. dividend
c. multiplier h. divisor
d. product i. quotient
e. remainder
meter
Match the following metric abbreviations with their name.
a. g f. m
b. mg g. mm
c. kg h. cm
d. l i. km
e. ml
The _____ is a summary or report of the business operation for a given period of time.
a. budget
b. income statement
c. FICA
d. profit and loss statement
A.P. is a term used to refer to the volume of a product as it was purchased.
A tool used by management to keep track of cash and charge sales
Match the following chapter terms with their definition.
a. guest check g. expenditure
b. cover charge h. receipt
c. minimum charge i. deposit slip
d. sales tax j. interest
e. gratuity k. check
f. cashier’s daily report l. check register
____________________ ____________________ involve a series of numbers and a
variety of math operations.
What is the yield percentage of a 25-pound salmon? The salmon lost 3 pounds and 9
ounces after fabrication. Each guest receives a 6-ounce portion. How many 25-pound
salmon must be ordered to serve 200 guests?
On a Daily Cash Report, gross receipts refers to the total of all separate register
readings.
Ashley works three shifts a week. If she sells five additional $35 bottles of wine a night
and the gratuity is 18%, what is her additional income?
Each shift __________
Weekly total ____________
Some industries, notably science, pharmaceutical, engineering, and automotive, have
found it necessary to go metric in order to participate in world trade.
Rewrite the following numbers by adding commas in the correct place(s).
1234567
72 quarts = _______________ gallons
How many pounds of fish steaks should you order for a party of 79? (Round your
answers to whole number.)
______________ pounds
Fill in the cash report.
Round to the nearest tenth of a percent.
53.93%