Consider the following statements.
1. Menu planning helps to determine requirement accurately, money and time to be spent.
2. It, however, has not impact on saving the wasting food.
Which of the statements given above is/are correct?

Statement 1: Menu planning helps to determine requirements accurately, including the amount of money and time to be spent. This is true because careful planning of menus allows for better estimation of quantities needed, budget management, and efficient use of time in meal preparation.

Statement 2: It, however, has no impact on saving the wasting food. This is incorrect. Proper menu planning significantly impacts food waste reduction by ensuring that only the necessary quantities of food are prepared and used, thus minimizing leftovers and spoilage.

Conclusion:

Statement 1 is correct.

Statement 2 is incorrect.

Therefore, the correct answer is Only 1.