Which of the following countries allows firms to keep two separate sets of books,one for the stockholders and one for the tax authorities like the Internal Revenue Service?
i.U)S.; II)Japan; III)France
A)I only
B)I and II only
C)I,II,and III only
D)None of the options

Question

Quizplus · Accepted Answer

The United States is the country that allows firms to keep two separate sets of books, one for the stockholders and one for the tax authorities like the Internal Revenue Service. Japan and France do not have this practice.

Which of the Following Countries Allows Firms to Keep Two