Question

Select the proper option from the option given below and rewrite the completed sentences.

Business should provide periodic information to ________.
(a) Customers
(b) Owners
(c) Employees

Answer 1

Correct option- b
Business should provide periodic information to owners.

Explanation:
Owners refer to the shareholders of the business. They provide capital to the business. It is the responsibility of a business organisation to provide periodic information to its owners. In other words, a business organisation should provide complete and accurate data about its progress and financial position to its owners. This can be done through periodic reports, statement of profits, etc.