Providing inaccurate or misleading financial information to stakeholders can:
A)damage critical relationships.
B)reduce profits.
C)increase profits.
D)enhance critical relationships.

Question

Quizplus · Accepted Answer

Providing inaccurate or misleading financial information can damage critical relationships with stakeholders such as investors, lenders, and customers. This can lead to loss of trust, credibility, and potentially legal consequences. It can also affect future business opportunities and investment decisions. Therefore, accurate and transparent financial reporting is crucial for maintaining healthy relationships with stakeholders.

Providing Inaccurate or Misleading Financial Information to Stakeholders Can