CAIBOK 3350 Restaurant Transactions and Profit

The CAIBOK 3350 Restaurant Transactions Competency Exam in Foundations of Restaurant Finance helps chefs and restaurant managers learn how to understand and manage money in a kitchen or food business. It covers important topics like income, expenses, budgeting, and profit. The exam also teaches how to read basic financial reports, such as income statements, balance sheets, and cash flow reports. Chefs must know how to track where the money goes, find problems, and make smart choices to keep the business running well.

This exam also includes planning for the future. It covers how to make a budget, set financial goals, and use numbers to prepare for busy or slow seasons. Chefs are expected to understand how food costs, staff pay, sales, and menu prices affect how much money the business makes. The goal is to help chefs become more confident and responsible when it comes to making financial decisions in a restaurant.