It Is Said That "Nothing Ever Goes to Plan", Then

question 13

Essay

It is said that "nothing ever goes to plan", then why should small business owner conduct formal plans?

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Definitions:

Computer

An electronic device that executes specific tasks or calculations according to a set of instructions or software.

Utilized

Employed or made use of effectively.

Business

An organization in which basic resources (inputs), such as materials and labor, are assembled and processed to provide goods or services (outputs) to customers.

Journal Entry

The recording of financial transactions in the journal as part of the accounting process, where each transaction includes a debit and a credit.