Matching principle
Matching principle�is�a principle of accrual accounting relating expenses to the sales revenue earned during a period regardless of when the ...
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Materialisation
Those reservations where a guest actually arrives at the hotel. Example 100 expected arrival and 5 were cancelled or no-show ...
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Materiality concept
Materiality concept is the significance of an item in relation to the total business. If an item is not significant,other ...
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Maximum quantity
Maximum quantity is the greatest number of purchase units that should be in stock at any given time.
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Mayonnaise
Thick cold basic sauce made of egg yolks; oil and vinegar; for serving with cold eggs; fish; vegetables;etc.
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Menu Cycle
Menu Cycle . In restaurants; the set rotation of a particular menu. Typically; menu rotation occurs every four to five ...
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Menu engineering
Menu engineering is a method of menu analysis that combines each menu item s contribution margin (gross profit) with its ...
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