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Question
State with reason whether the following statement is true or false.
Business should not disclose their records to investors.
Options
True
False
Solution
Business units should not disclose their records to investors. False
Explanation:
Investors provide business units with finance to support their operations. Thus, it is the responsibility of business units to maintain transparency with the investors on the working of business. They should also communicate to their investors how their funds are being utilised.
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