The form of business ownership that usually requires the most detailed record keeping is the:
A)limited partnership.
B)sole proprietorship.
C)partnership.
D)corporation.

Question

Quizplus · Accepted Answer

Corporations are required by law to keep detailed records and meet strict financial reporting requirements, which often involve professional assistance from accountants and lawyers. The other forms of business ownership may also require record keeping, but not to the same extent as a corporation.

The Form of Business Ownership That Usually Requires the Most