Hap Owns and Operates a Small Business with Only Four

question 347

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.

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Definitions:

Pre-Group Phase

The initial stage of group formation where members are selected and the purpose of the group is defined.

Manipulation

The act of skillfully handling, controlling, or using something or someone, often in a deceptive or unscrupulous way.

Maintenance Problems

Issues or difficulties encountered in keeping a system or process functioning effectively.

Group Cooperation

The act of working together towards a common goal, typically involving shared efforts, resources, and responsibilities.