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A Question from - BSBFIM501 Manage budgets and financial plans Financial records must meet a number of management requirements for both sole traders and companies.

A Question from - BSBFIM501 Manage budgets and financial plans

Financial records must meet a number of management requirements for both sole traders and companies. Explain the financial record keeping and audit requirements for the retention of financial records. Your response should be approximately 100-150 words.

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