When Michele Had Only Three Employees, She Performed Most of the Records-Keeping

When Michele had only three employees, she performed most of the records-keeping tasks herself and kept a general idea of finances in her head. Now that her business has expanded, she is having money problems. What should Michele do?

A) Reach out to the local business development organization for assistance.
B) Create and follow a set of financial controls.
C) Take a course in financial accounting at the local college.
D) Relinquish some of her other duties so she can focus on the money end of the business.

Correct Answer:

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