Why is a small firm more likely to keep a postage book than a large firm

Answer 1

Hey Cearay,

A small firm is more likely to keep a postage book than a large firm because small firms typically have fewer employees and therefore have less bureaucracy and formal procedures in place. They may not have the resources to invest in electronic systems for tracking expenses or the volume of postage expenses may be small enough that a manual system is sufficient.

In contrast, large firms often have more complex operations and higher volumes of expenses to manage. They may have established accounting departments and computerized systems for tracking expenses. These systems can provide greater efficiency and accuracy, and allow for more detailed analysis of expenses. As a result, large firms may be less likely to rely on manual systems such as a postage book.

Additionally, larger firms often have more resources to invest in training their employees on new systems and technologies, whereas smaller firms may not have the same level of resources to invest in employee training. Therefore, a postage book may be a more familiar and practical system for small firms to use.