6 Recently you heard a small-business entrepreneur say, All that financial accounting information you students learn about

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6 Recently you heard a small-business entrepreneur say, ‘All that financial accounting information you students learn about is not relevant to me. I just started up my business. I only have five employees: four people in the shop building the product and one person in shipping/receiving. I’m out on calls, drumming up business so I have my finger on the real pulse of the firm – that’s sales. My brother pays the bills and does the payroll every two weeks. It’s all simple and smooth, so why add a lot of time-consuming, costly record-keeping to it all? Prepare an appropriate response to his comments.

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Fundamentals Of Accounting And Financial Management

ISBN: 9780170454797

8th Edition

Authors: Professor Ken Trotman, Kerry Humphreys

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