Management is accountable to various government bodies in which of the following ways?
A) Making timely payments to creditors
B) Making timely payments to vendors
C) Providing a return on the owner's shareholders' investment
D) Obeying laws and regulations, and paying taxes

Question

Quizplus · Accepted Answer

Management is accountable to government bodies by obeying laws and regulations and by paying their taxes. This is necessary for the smooth functioning of the business and maintaining good relations with the government. Options A, B, and C do not specifically relate to government accountability.

Management Is Accountable to Various Government Bodies in Which of the Following