Hap owns and operates a small business with only four full-time employees and less than $500,000 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)The expense of setting up a computerized accounting system would not be affordable at this time.
B)He would be better off hiring a full-time accountant.
C)He could benefit from adopting such a system,but should also consult with an accountant for advice about what's best.
D)A computerized system would be affordable,but that he would have little need for it unless his company became significantly larger.

Question

Quizplus · Accepted Answer

Hap could benefit from adopting a computerized accounting system, as it can help streamline and automate his bookkeeping processes. However, since he is not an expert in accounting or software implementation, he should consult with an accountant for advice on what system would work best for his business. While the cost of setting up a computerized system may be a concern, it is important to consider the long-term benefits and efficiency gains that such a system can provide. Additionally, hiring a full-time accountant may not be necessary at this point, as a computerized system can reduce the workload of the part-time bookkeeper and make their job easier.

Hap Owns and Operates a Small Business with Only Four