NFIB: The Voice of Small Business - National Small Business Poll

Expenses

Questions - 11 to 18 of 18

All	Q#	Top 100	Question
	1K		(expense) Materials and supplies.
	1L		(expense) Employee wages, salaries, commissions, etc.
	1M		(expense) Utilities, including telephones.
	2		Who does the day-to-day financial record-keeping for your business?
	3		Does your business use the cash method of accounting, also known as the cash basis, the accrual method of accounting, also known as the accrual basis, a hybrid of the two, or are you not really sure?
	3 a		Approximately, how many days of inventory do you try to maintain on your most important items?
	3 b		Is your inventory tied to a point of purchase device, such as a cash register, or some type of computer software that allows you to keep an up-to-the-minute status of your inventories?
	3 c		Do you use LIFO, FIFO, another method, or are you not sure of the method used to account for your inventories?