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Orders may require maintaining:

A. Verbal records
B. Books, accounts, and records for inspection
C. No records
D. Only purchase receipts
Correct Answer: B. Books, accounts, and records for inspection

Regulatory compliance and accountability are foundational concepts in business. Orders commonly require businesses to maintain Books, accounts, and records for inspection. This ensures transparency, allows for auditing, and verifies adherence to legal, financial, and operational standards.

  • "Verbal records" are unreliable and legally unenforceable.
  • "No records" contradicts fundamental business and regulatory requirements for accountability.
  • "Only purchase receipts" is insufficient; comprehensive records include sales, expenses, inventory, and other operational data essential for a complete financial picture.

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