MANAGEMENT

BUISENESS MANAGEMENT

RECORD KEEPING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following are reasons for keeping good records? Select all that apply.
A
Business detail tracking
B
Planning
C
Legal compliance
D
Tax preparation
E
A. All of the above
Explanation: 

Detailed explanation-1: -The 8 Principles are: Accountability, Transparency, Integrity, Protection, Compliance, Accessibility, Retention and Disposition.

Detailed explanation-2: -Which of the following is not a benefit of record keeping? It will not help in managing potential risks.

There is 1 question to complete.