Get premium membership and access questions with answers, video lessons as well as revision papers.
- Capital is held up and cannot be used elsewhere in the business.
- There is high risk of spoilage.
- The insurance cost is higher than is necessary
- The payroll may be greater; with unnecessary stock turnover
NatalieR answered the question on May 16, 2022 at 08:39
- £ 2900 of food purchased was consumed in a 28 days trading period.
The opening stock on day 1 was valued at £750; the closing stock...(Solved)
£ 2900 of food purchased was consumed in a 28 days trading period.
The opening stock on day 1 was valued at £750; the closing stock on day 28 was valued at £650.
Calculate the rate of stock turnover.
Date posted: May 16, 2022. Answers (1)
- List and explain types of stock levels(Solved)
List and explain types of stock levels
Date posted: May 16, 2022. Answers (1)
- Explain two levels of stocking and for each highlight its dangers(Solved)
Explain two levels of stocking and for each highlight its dangers
Date posted: May 16, 2022. Answers (1)
- Enumerate details found in requisition sheet(Solved)
Enumerate details found in requisition sheet
Date posted: May 16, 2022. Answers (1)
- Highlight the documents used in store keeping(Solved)
Highlight the documents used in store keeping
Date posted: May 16, 2022. Answers (1)
- Outline qualities of a good store.(Solved)
Outline qualities of a good store.
Date posted: May 16, 2022. Answers (1)
- Outline the purpose of a meat tag.(Solved)
Outline the purpose of a meat tag.
Date posted: May 16, 2022. Answers (1)
- What is the difference between a tag and tagging? (Solved)
What is the difference between a tag and tagging?
Date posted: May 16, 2022. Answers (1)
- Discuss the receiving procedure in food and beverage control(Solved)
Discuss the receiving procedure in food and beverage control
Date posted: May 16, 2022. Answers (1)
- What are the essentials of control system?(Solved)
What are the essentials of control system?
Date posted: May 16, 2022. Answers (1)
- Discuss the processes involved in control process of food and beverage control(Solved)
Discuss the processes involved in control process of food and beverage control
Date posted: May 16, 2022. Answers (1)
- Define the following terms:
i) Direct raw materials
ii) Indirect raw materials(Solved)
Define the following terms:
i) Direct raw materials
ii) Indirect raw materials
Date posted: May 16, 2022. Answers (1)
- Explain problem encountered in food and beverage control(Solved)
Explain problem encountered in food and beverage control
Date posted: May 12, 2022. Answers (1)
- Highlight the objectives of the standard purchase specifications(Solved)
Highlight the objectives of the standard purchase specifications
Date posted: May 12, 2022. Answers (1)
- New suppliers of items may become available as a result of an approach by the purchasing officer himself or from a suppliers representative. What are...(Solved)
New suppliers of items may become available as a result of an approach by the purchasing officer himself or from a suppliers representative. What are the basic information required from new suppliers that the supply manager should know before choosing him?
Date posted: May 12, 2022. Answers (1)
- Outline the stages involved in purchasing procedure.(Solved)
Outline the stages involved in purchasing procedure.
Date posted: May 12, 2022. Answers (1)
- Discuss the importance of Purchasing(Solved)
Discuss the importance of Purchasing
Date posted: May 12, 2022. Answers (1)
- Define purchasing(Solved)
Define purchasing
Date posted: May 12, 2022. Answers (1)
- What are the characteristics of a purchasing officer?(Solved)
What are the characteristics of a purchasing officer?
Date posted: May 12, 2022. Answers (1)
- What are the roles and responsibilities of a purchasing officer?(Solved)
What are the roles and responsibilities of a purchasing officer?
Date posted: May 12, 2022. Answers (1)