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Which of the following is a false statement regarding the reasons to keep organized financial records? Organized financial records will help a business compete in the marketplace. Organized
financial records help businesses to take care of banking issues. Organized financial records allow workers to receive a higher rate of pay. Organized financial records help monitor performance. Question #2TextMultipleChoice Score: In the accounting equation, liabilities and owners' equity is equal to a balance sheettransactionsassets Question #3MultipleSelect Score: A company might hire an accountant if it wants help with which of the following duties? Keeping financial recordsManaging staff membersUnderstanding tax codesPreparing financial statements Question #4MultipleChoice Score: The main purpose of a balance sheet is to _____. comply with IRS lawsobtain a bank loanshow a business's financial stateshow profits earned
Please ask one question at a time. Thanks.
Expert answered|alfred123|Points 1744|
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Asked 3/7/2013 12:17:25 PM
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