Entrepreneurs often come up short on their tax commitments because of a single-minded focus on their product or service and/or _____.
A)casual accounting systems
B)low-cost accounting software
C)incompetent in-house accountant
D)cash-basis accounting systems

Question

Quizplus · Accepted Answer

Entrepreneurs may use casual accounting systems that are not rigorous enough to ensure accurate tax reporting, leading to shortfalls in tax commitments.

Entrepreneurs Often Come Up Short on Their Tax Commitments Because