three reason for incomplete accounting records?
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Answer:
Reasons for Incomplete Records
Fraudulent behavior. Employees may deliberately obfuscate or never record certain transactions, so that they can abscond with company assets or record excessive levels of profitability. Inadequate systems.
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Answer:
Reasons of Incomplete Records:
(i) Improper Knowledge:
(ii) Inexpensive:
(iii) Time Saving:
(iv) Convenient and Need Based:
(i) Unsystematic Method:
(ii) Mixed System for Recording Business Transactions:
(iii) Lack of Uniformity:
Explanation:
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