Table
of Contents
Chapter
1 - Basics of Business Problem Solving for CPAs
Step 1 -Understand the Problem
Step 2 – Measure Relevant Data
Step 3 – Analyze the problem and
the data
Step 5 – Evaluate the solution
Inventory records show a higher
inventory than the physical inventory
Monthly close time must be
reduced by half
Net income has declined relative
to prior year
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