To effectively run a business,it is necessary to:
A)Hire a full-time accountant.
B)Use a public accounting firm.
C)Understand and use accounting information.
D)Make certain that you do not spend too much time on your accounting system.

Question

Quizplus · Accepted Answer

Understanding and using accounting information is necessary for effective business management, but hiring a full-time accountant or using a public accounting firm may not be feasible or necessary for all businesses. Additionally, neglecting your accounting system can lead to financial mismanagement and potential legal or tax issues.

To Effectively Run a Business,it Is Necessary To