Multiple Choice
Why is it important to have the account number for the trade-in car loan when completing a vehicle trade-in transaction?
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1. Introduction to Accounting
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Join thousands of students who trust us to help them ace their exams!Watch the first videoMultiple Choice
When creating a recipe costing card, which of the following pieces of information is most essential to include?
A
The number of customers served per day
B
The cost and quantity of each ingredient used in the recipe
C
The names of the kitchen staff preparing the recipe
D
The color of the serving plates
Verified step by step guidance1
Understand the purpose of a recipe costing card: It is used to calculate the cost of producing a dish by detailing the cost and quantity of each ingredient used.
Identify the essential information required for accurate costing: The cost and quantity of each ingredient are crucial to determine the total cost of the recipe.
Exclude irrelevant information: The number of customers served per day, names of kitchen staff, and the color of serving plates do not directly impact the calculation of the recipe cost.
Ensure the recipe costing card includes detailed ingredient information: For each ingredient, specify the quantity used and its cost per unit (e.g., per gram, liter, or piece).
Verify the accuracy of the data: Double-check the ingredient costs and quantities to ensure the recipe costing card provides reliable and precise cost calculations.
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