Pour 2 cups Bisquick mix into a bowl; cut in 1 (3 ounce) package cream cheese and 1/4 cup butter until crumbly. Blend in 1/3 cup milk. Turn out onto lightly floured surface and knead 8 to 10 strokes. On waxed paper, roll dough to a 12 x 8 inch rectangle. Turn onto greased cookie sheet. Remove waxed paper. Spread 1/2 cup of your favorite preserves down center of dough. Make 2 1/2 inch cuts at 1 inch intervals on long sides. fold strips over filling. Bake for 12 to 15 minutes at 425 degrees.

ICING:

1 c. sifted confectioners' sugar
1 to 2 tbsp. milk
1/2 tsp. vanilla

Drizzle atop cake and enjoy!