Diego Owns and Operates a Small Business with Only Four

question 90

Multiple Choice

Diego owns and operates a small business with only four full-time employees and less than $700,000 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, Diego 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.

---

Definitions:

Recruits

Individuals who have been newly enlisted or hired into an organization, military service, or other entity, often undergoing training or orientation.

Institutional Advertisements

Advertising geared towards building a company's image and fostering goodwill rather than promoting a specific product or service.

Goodwill

An intangible asset representing the value of a business's reputation, brand, and ongoing customer relationships.

Image

The perception or representation of a brand, product, or entity in the minds of the public.