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Elanso [62]
3 years ago
7

Hap owns and operates a small business with only four full-time employees and less than $500,000 in annual sales. He currently u

ses 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:
Business
1 answer:
Paul [167]3 years ago
6 0

Answer:

Computerized accounting has a lot of advantages over manual accounting when rightly implemented

Explanation:

Computerized accounting is an integrated accounting system that uses program software stored on a computer or server to perform account functions. It can be a tailored or off the shelve software for that purpose.

It is easier to use , faster , and more accurate when compared to the manual accounting , which makes it  more helpful especially for small business owners that do not have a good structure in place.However , the initial set up cost  is high , and this need to be considered by small businesses before adoption. Moreover , as they come in different format , a small business may need to consult expert for the type that is mostly suitable for his business as well.

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Explain how other income streams such as photography and merchandise will be useful for the business. (8)
dolphi86 [110]

Answer:

Income streams such as photography and merchandise will be useful for the business is described below in detail.

Explanation:

The practices of photography are broad and therefore the businesses are extensive. the actuality is that if you are to sustain as an expert photographer today, and if you are to have the sources to proceed with what you are really enthusiastic about, then that often includes being open to, and actively evolving, various income streams, not all of which you will be uniformly passionate about.

7 0
3 years ago
Kate is analyzing a proposed project to determine how changes in the sales quantity would affect the project's net present value
Fittoniya [83]

Sensitivity analysis. Where one variable is being tweaked a little to see the NPV, that is always sensitivity analysis.

6 0
3 years ago
A moderately-priced jewelry store is trying to differentiate itself from other jewelry stores. The store prices products somewha
AlekseyPX

Answer:

The correct answer is: monopolistic competition.

Explanation:

There is monopolistic competition in markets that have many companies offering similar products or services. Restaurants, grocery stores, and clothing stores, for example. Such similar products and services are not ideal substitutes for each other. In these industries the barrier to entry and exit is low.

8 0
3 years ago
Joe, a human resources specialist for Jersey Office Supplies Co., rides along with the furniture delivery people to observe the
Svetllana [295]

Complete question:

Joe, a human resources specialist for Jersey Office Supplies Co., rides along with the furniture delivery people to observe the problems they were encountering and what activities they were required to perform. Joe was performing a:

A. personality test

B. performance appraisal

C. BARS

D. job analysis

Answer:

Joe was performing a job analysis

Explanation:

Job analyzes are a set of protocols for defining the contents for the job and the features or criteria required for the execution of the tasks. Job analytics provide employers with knowledge that helps to recognize which personnel is ideally suited to particular work.

An example of a job analysis model might list tasks or activities of the job and determine each performance level. Within this way, the role of job analysis is critical. Many companies typically take the same generic approach without details on the task description. All workers are tested in a similar set of features or characteristics presuming that they are required for all work.

6 0
3 years ago
If the demand for a product decreases, what is likely to happen?
matrenka [14]
I m pretty sure the product supply would grow then the price would drop
5 0
3 years ago
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