What negative consequences might a company face if it fails to keep accurate financial records?

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asked Jun 5, 2022 39.4k views

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General Electric · Answer 1 · 2022-06-11T08:14:27+0000

Answer:

they can be audited

Step-by-step explanation:

the government will step and and demand a record of all their revenue that they have not sent in and if their records doesn't match the records of the government they can be forced to shut down.

What negative consequences might a company face if it fails to keep accurate financial records?

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