Hap owns and operates a small business with only four full time employees and less than $500 thousand in annual sales.He currently uses a manual accounting system and relies on a part-time bookkeeper to keep his records in order.In evaluating the possible adoption of a computerized accounting system,Hap will probably discover that:
A)a computerized system would be affordable,but that he would have little need for it unless his company grew and became significantly larger.
B)he would be better off hiring a full time accountant.
C)he could benefit greatly from adopting such a system,but should also consult with an accountant for advice.
D)the expense of setting up a computerized accounting system would be beyond his financial ability at this time.

Question

Quizplus · Accepted Answer

While Hap's business is small, he could benefit greatly from adopting a computerized accounting system. It would streamline his bookkeeping processes and provide better accuracy and efficiency. However, as he is not familiar with computerized accounting systems, he should also consult with an accountant for advice on which system to choose and how to properly set it up.

Hap Owns and Operates a Small Business with Only Four