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Why are financial records necessary for an entrepreneur?
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Answer and explanation
Correct answer: To understand profit expenses and loss
Financial records clarify the economic condition of business. Exam tip: link records with financial discipline.
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What is the correct answer to this question?
To understand profit expenses and loss
Why is this the correct answer?
Financial records clarify the economic condition of business. Exam tip: link records with financial discipline.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Entrepreneurship: definition and characteristics.
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