Dominic noticed that his restaurant had not seemed to make as much in profit in the couple of months since Beniot was hired as the manager. Dominic's first thought was that an employee might be cash skimming and not recording cash restaurant sales. The new point-of-sale system in place requires that orders be entered for the kitchen to fill the order, so Dominic is confident that this internal control is preventing the cash skimming scheme that he first suspected. After digging deeper, Dominic found that the inventory receipts were much higher than the cost of goods sold recorded for sales through the restaurant, yet there was not a backlog of inventory nor was Beniot writing off expired inventory. What should Dominic investigate to determine what might be going on with his restaurants lack of profitability?

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The Answer of Dominic noticed that his restaurant had not seemed to make as much in profit in the couple of months since Beniot was hired as the manager. Dominic's first thought was that an employee might be cash skimming and not recording cash restaurant sales. The new point-of-sale system in place requires that orders be entered for the kitchen to fill the order, so Dominic is confident that this internal control is preventing the cash skimming scheme that he first suspected. After digging deeper, Dominic found that the inventory receipts were much higher than the cost of goods sold recorded for sales through the restaurant, yet there was not a backlog of inventory nor was Beniot writing off expired inventory. What should Dominic investigate to determine what might be going on with his restaurants lack of profitability?

Dominic Noticed That His Restaurant Had Not Seemed to Make