Hap Owns and Operates a Small Business with Only Four

question 92

Multiple Choice

Hap owns and operates a small business with only four full time employees and less than $500 thousand 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 be beyond his financial ability at this time.
• B)he would be better off hiring a full time accountant.
• C)he could benefit greatly from adopting such a system,but should also consult with an accountant for advice.
• D)a computerized system would be affordable,but that he would have little need for it unless his company grew and became significantly larger.

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Definitions:

Vertices

The corners or points where two or more edges meet in a geometric shape.

Shifted

Refers to the transformation of a graph or equation that results in its movement to a different position on the coordinate plane, without altering its shape.

Coordinates

A set of values that show an exact position. On graphs, it usually refers to a pair of numbers that define a point in two-dimensional space.

Units

Standard quantities used to specify measurements.