Hap Owns and Operates a Small Business with Only Four

question 335

Multiple Choice

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.