Specific Questions to Business Owners | Responses in (%) | ||||
1 | 2 | 3 | 4 | 5 | |
Income made by your business affect your financial performance positively. | 43 | 12 | - | 30 | 15 |
Your cost of operation has a negative effect on your financial records. | 19 | 04 | 02 | 35 | 40 |
Your business is always in need of funds. | 40 | 30 | 03 | 07 | 20 |
Keeping of your accounting records helps you to determine the amount of income you made. | 35 | 30 | 20 | 10 | 05 |
Your cost of operation cannot be easily determined. | 50 | 30 | - | 10 | 10 |
Your income cannot be easily determined. | 40 | 40 | 15 | 02 | 03 |
The cost of running your business is more than the amount of income that you have made. | 35 | 40 | 05 | 12 | 08 |
You rationalize your business need to ensure that your business has enough liquid assets. | 15 | 20 | 40 | 20 | 05 |
The amount of profit you made helps your business to perform well financially. | 42 | 32 | 06 | 15 | 05 |