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Discuss six problems faced by a farmer who does not keep proper farm records

Discuss six problems faced by a farmer who does not keep proper farm records

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Kavungya
-Cannot access the loaning facilities
-Unable to calculate profits and losses
-Unable to compare enterprises within the form and other forms
-cannot value his farm directly.
-Cannot value his farm directly
-Cannot support insurance claims in costs of accidents
-Unable to detect losses and theft in the farm
-cannot give proper historical background of the farm
-Unable to guide budgeting and planning property in the farm
-Cannot settle payments disputes
-Cannot be taxed properly or fairly
-Cannot provide accurate labour information.
Kavungya answered the question on June 10, 2019 at 08:06

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