Barb's Bakery
Barb Bowman fell into the baking business. It used to be a hobby. She made and sold cakes and cookies for birthdays and family events in the neighborhood and for friends' parties. Now, having opened the bakery, the business has taken off and Barb is wondering what sort of records she needs to keep.

-Barb needs to know that accounting is important to her business because of all of these EXCEPT
A)it provides easy to understand plans for business operations.
B)it shows how much her business is worth.
C)it is the bakery industry requirement.
D)she can't know what her business is doing without it.

Question

Barb's Bakery
Barb Bowman fell into the baking business. It used to be a hobby. She made and sold cakes and cookies for birthdays and family events in the neighborhood and for friends' parties. Now, having opened the bakery, the business has taken off and Barb is wondering what sort of records she needs to keep.

-Barb needs to know that accounting is important to her business because of all of these EXCEPT
A)it provides easy to understand plans for business operations.
B)it shows how much her business is worth.
C)it is the bakery industry requirement.
D)she can't know what her business is doing without it.

Quizplus · Accepted Answer

Accounting is not a requirement specific to the bakery industry, but rather a fundamental aspect of all businesses. Choices A, B, and D are all important reasons for Barb to prioritize accounting in her business.

Barb's Bakery Barb Bowman Fell into the Baking Business. It Used to Used