Self Test #1: General Needs Assessment

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1. I run my business based on information, not wishful thinking. I know precisely where my business is, financially, at any given moment.	True False
2. I have confidence in the accuracy and completeness of financial reports generated by my accounting system.	True False
3. I know that my pricing adequately covers my costs including overhead, while allowing for a target profit figure.	True False
4. I have identified profit centers and can easily compare profit margins for each.	True False
5. I can easily compare actual costs with budgeted costs for my company as a whole or for individual jobs or projects.	True False
6. I am able to provide customers with clear, easy-to-understand invoices without having to go outside my accounting software.	True False
7. I fully understand what my true burdened labor costs are, and my accounting shows this information in an easily accessible way.	True False
8. My employees have clearly-written job descriptions and understand what their duties and responsibilities are.	True False
9. There is a clear system of procedures in my office, and paperwork is managed efficiently and consistently.	True False
10. My company’s operations are based on a documented system rather than on the skills and habits of individual employees.	True False

True or False Self Test #1:
General Needs Assessment