If only one person keeps income records in a family business and does not share them what risk exists?
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Answer and explanation
Correct answer: Distrust and financial confusion may increase
Shared records increase transparency and trust. In exams connect financial record with communication.
Frequently asked questions
What is the correct answer to this question?
Distrust and financial confusion may increase
Why is this the correct answer?
Shared records increase transparency and trust. In exams connect financial record with communication.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Life skills for livelihood.
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