Which source of information would be the most inclusive for an entrepreneur determining information to complete the financial statements?
A)Attend trade shows.
B)Contact the industry association.
C)Examine industry averages.
D)Talk to others in the industry.

Question

Quizplus · Accepted Answer

Examining industry averages provides comprehensive data that reflects the financial performance of similar businesses, offering a broad perspective for financial statement preparation.

Which Source of Information Would Be the Most Inclusive for an Entrepreneur