Intermediate LevelentrepreneurshipSingle Choice

What's the importance of keeping business and personal finances separate?

Answer Options:

A

Separation is only needed for large businesses

B

Personal money can be freely used for business

C

Helps track profitability, simplifies taxes, maintains legal protection

D

Use same account for personal and business expenses

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Question Statistics

2
Times Attempted
100%
Success Rate
#133
Question ID

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This question is part of our comprehensive financial literacy quizzes designed for Indian teens.