One of the following statements about the regulations governing a sole trader business is correct: a) Asole

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One of the following statements about the regulations governing a sole trader business is correct:

a) Asole trader does not need to supply any accounting information about his or her business to anyone.

b) Asole trader must employ an accountant.

c) Sole trader businesses are exempt from completing VAT returns.

d) A sole trader must submit a tax return annually.

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