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How to Improve Your Financial IQ
Entrepreneur.com author Peri Pakroo sees "two main types of financial blow-off:"
1. Fully neglecting to track income and expenses by letting receipts pile up (or get lost) and failing to enter data into a bookkeeping system.
2. Doing a decent job of keeping income and expense records up to date, but failing to use the numbers to answer questions about the business's financial situation.
Are these true statements?
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