All the following are examples of assets except a) equipment owned by the business b) stock purchased by the company. c)accounts receivable. d) an employee's care used for deliveries. entrepreneurs need to know the basics of accounting even if they hire a professional because a) the entrepreneur will be able to have the same level of expertise b) they no longer need to pay attention to accounting c) they will need to understand the financial reports d) they will need to tell the accountant what information is required.

1.The answer is D) an employee´s care used for deliveries.

A company´s asset is all information that is reported on the company´s balance sheet. Examples include: cash, accounts receivables, inventory, investments, buildings etc.. The employee´s care and professional ethics cannot be reported on a balance sheet for the employee does not have a "numerical value' to be computed or calculated.

2. The answer is C) they will need to understand the financial reports.

Accounting is probably the most important part of a business because it will tell how well the business is going and if it worth investing into. The periodic financial reports holds records of profits, losses, credits and debts among other vital information that helps understand how the company is growing or not, where the money invested in going and how it´s being utilized. Depending on the strength the financial report, the future of the business can be projected.

Since what is required in the basics of accounting, the entrepreneurs will not have to be experts and they need to know enough to have a grip of their businesses, knowing how and when to take the right decisions and avoid the risk of being swindled by an over "zealous" professional.

hello everyone my name is nevaeh, i know everyone needs in some way, shape, or form and i am willing to provide. i set up a google classroom where people can ask me questions and get on work. no question is a stupid question so do not be afraid to ask. i usually only focus on core subjects but if you ask i will with other specialized subjects. i can do essays all the way to power points : )

my google classroom is the code is 7hr2k4

honestly you should not write it the word placement is not right and this does not sound right so i think you should write it this way. the life lessons i refused to learn, taught me the hard way this sounds way better you should try it! hope this is very !