Answered

IDNLearn.com: Your one-stop destination for reliable answers to diverse questions. Find the answers you need quickly and accurately with help from our knowledgeable and dedicated community members.

Determine whether the following statement is true or false:

If followed correctly, the budget plan can become a profit plan designed to meet restaurants' profit goals.

A. True
B. False

Sagot :

GinnyAnsweridn

Final answer:

Profit planning in restaurants involves designing a budget plan to achieve profit goals by balancing revenue and costs.


Explanation:

Profit planning in the restaurant industry involves designing a budget plan to achieve profit goals by balancing total revenue and total costs.

By following the budget plan accurately, a restaurant can transform it into a profit plan, which aims to ensure that the revenue generated from operations surpasses the costs incurred.

For example, if a restaurant's total revenue from sales exceeds its production and operating costs, it will realize a profit for the owner.


Learn more about Budget planning and profit goals in the restaurant industry here:

https://brainly.com/question/34865526


We appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. Your questions deserve precise answers. Thank you for visiting IDNLearn.com, and see you again soon for more helpful information.