Question

What can result from an accountant's failure to fulfill a social responsibility to

one's own company?
A. It can cause the company to raise interest rates.
O
B. It can cause the company to extend credit to risks.
OC. It can cause poor planning and the company can fail.
OD. It can cause the company to lose faith in the government.

Answer 1

C. It can cause poor planning and the company can fail.

Step-by-step explanation:

An accountant's failure to fulfill a social responsibility to their own company can result in poor planning and ultimately lead to the company's failure. This can happen if the accountant fails to accurately and transparently report the company's financial information, or if they make unethical or illegal decisions that harm the company's financial health. In such cases, the company may face financial difficulties and may ultimately be unable to continue operating.