o Helps the farmer in decision making so as to avoid over expenditure and impulse buying.
o Enables the farmer to predict future returns/plan a head.
o Helps the farmer to incurring losses by investing in less profitable enterprises.
o It enables farmers to secure loans from financial institutions such as AFC and commercial banks.
o It pin points of efficiency or weakness in farm operations.
o It acts as a record which can be used for future reference.
steve williams answered the question on January 7, 2018 at 22:08
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