contestada

If most of a country's business financing comes from families, banks, and the government, what should we expect in terms of information disclosure to the public?

1. Relatively little disclosure because the public isn't a major factor
2. A great deal of disclosure because it will be the only way for interested parties to learn about the company
3. Complete openness of accounting records
4. No disclosure at all

Respuesta :

eooyibo123

Answer:

1. Relatively little disclosure because the public isn't a major factor

Explanation:

When a countrie's business are funded by families, banks, and government the need to disclose information about the business is little.

Businesses are obligated to disclose information about the enterprise to the parties that are finding it. So in this case since the public is not funding the business operations there is little need for disclosure.

However when the business is publicly funded it is then obligated to disclose information to the public.

Otras preguntas