A profit & loss sheet is the basic yardstick for a business. It’s meant to answer the question, “How are we doing?” But in many ways, the picture presented can become distorted unintentionally and give managers a false impression of a company’s health. In this presentation, James Komen discusses how to correct for these situations by changing the way transactions are recorded. Examples are framed within the context of a typical tree service company.
Watch the presentation before taking this CEU quiz. This quiz is worth 0.5 CEU credits. (A, U, M, Bm)
CEUs for this quiz may be earned only once during the life of your certification.