One of the following statements about the regulations governing partnership businesses Is correct: a) Partnerships are obliged

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One of the following statements about the regulations governing partnership businesses Is correct:

a) Partnerships are obliged to have an annual audit of their financial statements.

b) Partnerships must prepare annual financial statements as the basis for the calculation of tax.

c) At least one of the partners is obliged to hold a bookkeeping qualification.

d) Each partner must submit his or her own VAT return.

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