The form of business ownership that usually requires the most detailed record keeping is the
A) corporation.
B) partnership.
C) sole proprietorship.
D) limited partnership.

Question

Quizplus · Accepted Answer

Corporations require the most detailed record keeping due to their complex structure, regulatory requirements, and the need to report to shareholders. This includes financial statements, board meeting minutes, and records of stock issuance.

The Form of Business Ownership That Usually Requires the Most