Maintain financial records for a business.
Maintenance should include
- payroll
- payable and receivable accounts
- depreciation
- taxes
- legal fees
- advertising and promotion costs.
Process/Skill Questions:
Thinking
- Why is it important to maintain sound financial records?
- What are false statements?
Communication
- What are the consequences of making false statements?
- How can advertising enhance a food service business?
Leadership
- What financial strategies are used to operate a food service business?
- How do marketing decisions affect the finances of a business?
Management
- Who is responsible for maintaining accurate records?
- How do taxes affect the operation of a food service business?