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Question 4 of 10. All of the following are reasons for a business to keep accurate records, EXCEPT: Allows the business owner to monitor the

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Question 4 of 10. All of the following are reasons for a business to keep accurate records, EXCEPT: Allows the business owner to monitor the progress of the business Helps to complete the tax return Helps avoid additional tax, penalties, and interest in the event of an audit Business records needs to be included with the tax return when is filed. Mark for follow up Question 5 of 10 A business must use a calendar tax year if the business Does not keep books Uses the cash method accounting Uses the accrual method of accounting Has inventory Mark for follow up Back Save Return Later Summary Next

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