“Should individuals and small businesses run their own accounts, or should they leave it to the professionals?”
Individuals and small businesses should have a knowledge of accounts and finance so that they can prepare their own accounting records. This will give them a sense of independence about not depending on professionals to maintain their accounts. Also, for a small business and individuals, this saves cost and a big expenditure can be saved if a professional knows how to maintain his own accounts.
“Should individuals and small businesses run their own accounts, or should they leave it to the...
In the context of socialism, Karl Marx believed that: businesses should benefit at the expense of laborers. only a few individuals should benefit from businesses. societal classes should exist. governments should own businesses.
Should a firm making a loss in the short-run always leave the market? Why or why not? What about in the long-run?
Should governments treat family farms differently from other small businesses when they get into trouble?
Suppose that a monopoly creates pollution that harms individuals and businesses in the surrounding area. Furthermore, suppose that the only way to reduce pollution emitted by the monopoly is to reduce the firm’s output. Should the government regulate the monopoly? Briefly explain your reasoning.
Many of you will work for a small business. Some of you will even own your own business. In order to operate a small business, you will need a good understanding of managerial accounting, as well as many other skills. Much information is available to assist people who are interested in starting a new business. A great place to start is the website provided by the Small Business Administration, which is an agency of the federal government whose purpose is...
Why is cyberterrorism confused with cyber attacks? Are the actors different? carried out against individuals, businesses or groups that aren't part of the government? Can cyberterrorism be Why is hacktivism dangerous? Why should every government be concerned with it?
Tom's Tax Services is a small accounting firm that offers tax services to small businesses and individuals. A local store owner has approached Tom about doing his taxes but is concerned about the fees Tom normally charges. The costs and revenues at Tom's Tax Services follow: TOM'S TAX SERVICES Annual Income Statement Sales revenue Costs Labor Equipment lease Rent Supplies Tom's salary Other costs 464.000 48.400 42,000 30.700 73.400 22.200 Total costs Operating profit (loss) If Tom gets the store's...
Wilbur and Fred run a small farm stand on their property, selling vegetables, fruits, plants, and eggs to support themselves. During a particularly bad season, they tried to get financing from a small rural bank in their community. However, they were unable to obtain financing because: the small rural bank believed that their business lacked the flexibility to adapt to changing market demands. they required a huge sum of money to compete in the mass market. government regulations do not...
ISI/art.summ: what is closely related to the Impact of Big Data on Businesses? The answer should be at least 80 sentences with your own words. thank you.
Compare two software management tools for small businesses. Write out the pros and cons of each one (there should be at least three of each).