The form of business ownership that usually requires the most detailed record keeping is the:
A) Corporation.
B) Partnership.
C) Sole proprietorship.
D) Limited partnership.

Question

Quizplus · Accepted Answer

Corporations are required by law to maintain detailed records of their financial activities, including minutes of meetings, stock transactions, and financial statements, to ensure transparency and accountability to shareholders and regulatory bodies.

The Form of Business Ownership That Usually Requires the Most