Tax avoidance can be flagrant and very intentional, but entrepreneurs often come up short on their tax commitments because of a single-minded focus on their product or service and _____.
A) casual accounting system.
B) low-cost accounting software.
C) incompetent in-house accountant.
D) cash-basis accounting system.

Question

Quizplus · Accepted Answer

Entrepreneurs may use a casual accounting system, which lacks the rigor and precision needed to accurately track and report taxes, leading to unintentional tax shortfalls.

Tax Avoidance Can Be Flagrant and Very Intentional, but Entrepreneurs