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What negative consequences might a company face if they failed to keep accurate financial records

User Niecey
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1 Answer

4 votes

Answer:

Taxes

Explanation: a negative consequence you may face is paying more taxes than what is called for, you have you pay it otherwise tax fraud is a thing. Not only that but when tax return comes around you won't get paid the full amount. Hope this helps.

User Philipp Munin
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