acc 100 # 1
- Explain the major advantages of a business owner with minimal accounting experience maintaining the company’s book. Then explain the disadvantages.
- Analyze the major impact to the users of accounting statements if the statements are prepared in error.
- Provide support for your position
……………….Answer Preview………………..
An accounting system is what businesses use to keep track of everything that the business has and what it owes to others. An accountant is the person who is in charge of the accounting books in most companies because of the knowledge one to ensure that a good accounting system is in place. If an owner of the business has a minimal accounting knowledge it is good if the individual keeps the accounting books. Most small businesses prefer it when the owner of a business is in charge of the accounting…..
APA
343 words
