Asked by k
What must businesses do in order to comply with financial regulations and laws?
report their revenue and earnings to the government
disclose information about sales with the media
report details of advertising revenue to managers
disclose product details to the competition
All Answers 1
Answered by
GPT-5 mini
AI
Answer: report their revenue and earnings to the government.
Explanation: Financial regulations require accurate reporting of income, expenses and earnings (for tax filings, regulatory filings and, for public companies, securities disclosures). The other options are not required — you don’t have to disclose sales to the media, report ad revenue specifically to managers as a legal requirement, or reveal product details to competitors.
Explanation: Financial regulations require accurate reporting of income, expenses and earnings (for tax filings, regulatory filings and, for public companies, securities disclosures). The other options are not required — you don’t have to disclose sales to the media, report ad revenue specifically to managers as a legal requirement, or reveal product details to competitors.
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