Purchase considerations

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  • Chapter 20 - Eggs. The most important egg purchasing considerations center on determining what hospitality operations want and which type of product is best suited to their needs. Purchasing fresh shell eggs is a relatively easy task. Buying processed eggs, whether frozen, dried, or imitation eggs, or preprepared egg products, can be more of a challenge.

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  • Your goals for this “merchandising” chapter are to learn about: Merchandising businesses and related sales recognition issues. Purchase recognition issues for the merchandising business. Alternative inventory system: The perpetual method. Enhancements of the income statement. The control structure.

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  • This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this ebook with another person, please purchase an additional copy for each person you share it with. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then you should return to Smashwords.com and purchase your own copy.

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  • Andre Sampri Sporting Goods Store purchases sporing goods merchandise on account from various vendors. Below is an invoice from Tennis Wear World. Prepare Andre Sampri’s journal entries for each of the following transactions, assuming use of a periodic inventory system and the “gross method” of recording: To record the invoice on May 15. To record the return of the Summer Fun collection on May 17. To record the payment of the balance due if payment occurred on May 20. To record the payment of the balance due if payment occurred on May 30....

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  • Chapter 2 - Technology applications in purchasing. Technological applications in the selection and procurement function are evolving rapidly. Today, many forms of technology are available to assist suppliers and buyers transact effectively with each other. Those who decide to use these tools can considerably streamline the cycle of purchasing, distribution, receiving, storage, issuing, and product usage. Many of these tools are becoming a vital part of the procurement process.

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  • Chapter 18 - Processed produce and other grocery items. After completing this chapter, students will be able to: Explain management considerations surrounding the selection and procurement of processed produce and other grocery items, identify the selection factors for processed produce and other grocery items, including government grades.

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  • Chapter 23 - Meat. After completing this chapter, students will be able to: Identify the management considerations surrounding the selection and procurement of meat, list popular types of meat products the foodservice industry uses, evaluate the advantages and disadvantages of various degrees of meat processing,...

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  • Chapter 24 - Beverages. After completing this chapter, students will be able to: Identify management considerations surrounding the selection and procurement of beverage alcohols and nonalcoholic beverages, differentiate a “control” state from a “license” state, explain the selection factors for beverage alcohols and nonalcoholic beverages,...

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  • Chapter 26 - Services. After completing this chapter, students will be able to: Identify management considerations surrounding the selection and procurement of services, list and describe the types of services that might be purchased by a hospitality operator, outline the general procedures used when purchasing services,…

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  • Chapter 26 - Furniture, fixtures, and equipment. After completing this chapter, students will be able to: Identify management considerations surrounding the selection and procurement of furniture, fixtures and equipment; outline the general procedures used when purchasing furniture, fixtures, and equipment; describe the major selection factors for furniture, fixtures, and equipment;...

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  • Many of us wish to create our own video games. For some, gaming is a hobby, and for others it is something fun to participate in casually. But for the rest of us, gaming and the dream of making our own games is more like a passion. Chances are, if you’ve purchased this book, you are looking to turn your desire and passion into something you can play and share with others.

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  • I was then appointed the Associate Administrator for Organization and Management, combining the various Agency management functions, as Bob Seamans describes. But, well before that, with the initiation of the Apollo program, there was the need to integrate the activities of the Centers and bring strong in-house NASA people together into the newly established Office of Manned Space Flight. The need to identify a strong leader was urgent.

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  • Bush posited Memex as “a device in which an individual stores all his books, records, and communications, and which is mechanized so that it may be consulted with exceeding speed and flexibility. It is an enlarged intimate supplement to his memory.” Memex was to be built into a desk with a keyboard, microphone, and display surfaces. Its interface could copy photos or papers, or could be written on. However, “most of the Memex contents are purchased on microfilm ready for insertion.

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  • There is considerable debate concerning the relative merits of different transportation modes. As previously mentioned, there is little debate concerning the value of basic highway rehabilitation, and much of the U.S. highway system is now due for major maintenance and repair, as indicated in Federal Highway Administration Conditions and Performance Reports (FHWA 2006).

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  • Little-Bug Corp International publishes children’s books. Following are facts you need to prepare Little-Bug Corp’s August bank reconciliation: Balance per company records at end of month $217,932.36 Bank service charge for the month 132.00 NSF check returned with bank statement 4,321.98 Note collected by the bank during the month 135,000.00 Outstanding checks at month end 94,660.71 Interest on note collected during the month 13,500.00 Balance per bank at end of month 432,671.97 Deposit in transit at month end 23,967.12...

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  • Alpine Medical Corporation (AMC) accepts credit card payments from its patients. Following are the batched transactions for May 19. 1) Total charges on MoreMoney and Wind credit cards were $42,000. These cards are “bank cards” and AMC receives daily cash settlement directly to its bank account, net of service charges of 1.5%. 2) Total charges on EuropeanExpress cards were $6,000. This card is not a bank card, and settlement does not occur until approximately two weeks following the date of the transaction.

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  • Jill Hansen owns Interior Designs, a furniture store. One of her most popular items is a leather recliner. Following is the recliner inventory activity for August. The recliners on hand at August 1 had a unit cost of $280.

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  • These explanations apply to terms as used in this policy procedure: Agreements for the purpose of this policy, transactions involving purchase orders, tenders, contracts, to provide goods, services and works, etc. For a short list, see Appendices C. Capital Assets are assets of significant value which have a useful life of several years, also referred to as fixed assets. Capital expenditure: Payment of money to acquire capital assets, such as a building or equipment.

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  • This version was issued in January 2008. Its effective date is 1 July 2009. IAS 22 Business combinations was issued by the International Accounting Standards Committee in October 1998. It was a revision of IAS 22 Business Combinations (issued in December 1993), which replaced IAS 22 Accounting for Business Combinations (issued in November 1983).

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  • 338 Planning and Forecasting to the difference between the sale price and Plant Supply’s basis in the building. If Morris purchased the molding company by merging or purchasing its assets for cash, then the capital gain to be taxed here may be minimal because it would consist only of the growth in value since this purchase plus any amount depreciated after the acquisition. If, however, Morris acquired the molding company through a purchase of stock, his basis would be the old company’s preacquisition basis, and the capital gain may be considerable.

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