Discuss the use of financial statements in food and beverage operations Financial statements: dish costing sheets; cost statements; operating statements (balance sheet, income statement, Statement of...

Discuss the use of financial statements in food and beverage operations

Financial statements: dish costing sheets; cost statements; operating statements (balance sheet, income statement, Statement of cash flows and Statement of retained earnings), variance analysis; sales records

You need to write about:

dish costing sheets;

cost statements;

operating statements (balance sheet, income statement, Statement of cash flows)

as a minimum and explain them.

2.3 analyse the purchasing process

Purchasing process: requisition of equipment and supplies; purchasing options; purchase specifications; receipt; invoicing; storage of equipment and supplies